Tag: million
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Italy’s Bending Spoons, owner of AOL and Vimeo, files for Nasdaq IPO
BENGALURU/MILAN June 8 : Bending Spoons, an Italian tech firm that acquired internet brand AOL and ticketing marketplace Eventbrite this year, filed on Monday for an initial public offering on the U.S. Nasdaq.The company, which buys and revamps digital businesses, aims for a valuation of at least $20 billion,
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AOL, Vimeo parent Bending Spoons files for US IPO
June 8 : Bending Spoons, an Italian tech firm focused on acquiring and revamping digital businesses, filed for a U.S. initial public offering on Monday, as a busy summer IPO window takes shape.A listing of the company, which bought storied internet brand AOL and ticketing marketplace Eventbrite this year, cou
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UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding
LONDON, June 8 : Britain set out a new £1.1 billion ($1.47 billion) plan on Monday to build domestic AI computing capacity, including a new national supercomputer and funding to back homegrown chip firms.The strategy builds on a £400 million commitment announced by Prime Minister Keir Starmer at London Tech
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Vimeo parent Bending Spoons files for US IPO
June 8 : Vimeo parent Bending Spoons filed for a U.S. initial public offering on Monday, as a busy summer IPO window takes shape.The Milan-based company reported a net income of $27.5 million on revenue of $601 million in the three months ended March 31, compared with a net loss of $112.2 million on revenue…
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Armenia goes to polls, with Russia and EU looking on
Armenians are voting in elections that pit pro-EU Prime Minister Nikol Pashinyan against the pro-Russia opposition. Peace efforts with longtime foe Azerbaijan are also a main election issue.
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Middle East: UN doubles Lebanon aid appeal amid Israel war
The UN says it is seeking an additional $331.5 million to tackle a worsening humanitarian crisis in Lebanon. Meanwhile, Israel is carrying out fresh strikes on the south of the country. Follow DW for the latest.
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High-tech drug tunnel found between Mexico and California
A sophisticated, 2,000‑foot drug tunnel linking Mexico to California has been uncovered, along with a $45 million cocaine seizure. Authorities are calling it a major hit on cartel operations.
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Backrooms: The creepy internet phenomenon, explained
A low-budget horror film directed by a 20-year-old YouTuber is beating the new Star Wars movie at the box office. Behind its success is an entire viral online maze.
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Germany news: Number of millionaires is growing, study shows
Around 1.78 million people in Germany were classified as high-net-worth individuals or people who have at least $1 million in liquid assets. Follow live.
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France fines Shein $26 million over consumer rule breaches; Shein to challenge
PARIS, June 3 : France has fined fast-fashion firm Shein about €22 million ($26 million) over issues with returns, product information and order confirmations, a penalty the company described as disproportionate and vowed to challenge.The Directorate General for Competition, Consumer Affairs, and Fraud Cont
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