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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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EV maker VinFast’s revenue jumps on SE Asian demand, but loss widens
June 8 : Vietnam’s VinFast reported a nearly 42 per cent rise in first-quarter revenue on Monday, driven by strong demand for its electric vehicles in key Southeast Asian markets, but posted a wider net loss.Quarterly revenue rose to 23.11 trillion dong ($877.24 million) from 16.31 trillion dong a year earlie
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Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US
June 8 : Amazon said on Monday it has signed a multi-billion-dollar deal with specialty glass maker Corning aimed at boosting U.S. production of optical fiber and connectivity products that are used in data centers. Amazon, however, did not disclose any further financial details on the partnership.Sha
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McCullum hopeful of Archer return but says call depends on conditions
June 8 : England head coach Brendon McCullum said he hopes fast bowler Jofra Archer will be available for the second test against New Zealand at The Oval, but stressed that selection will depend on conditions.The right-arm quick was rested for the opening test at Lord’s after a short turnaround following hi
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Bournemouth appoints Matt Ritchie as technical director after retirement
June 8 : Former Bournemouth midfielder Matt Ritchie has been appointed as the club’s technical director after announcing his retirement from professional football, the Premier League club said on Monday.The 36-year-old will rejoin his former club in a new role after League One side Reading confirmed he had ca
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Australia, Canada, Japan trade bodies fret over being left out in made-in-Europe drive
BRUSSELS, June 8 : Europe’s push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies in Australia, Canada and Japan warned on Monday.The warning by the Tech Council of Australia, the Can
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Fiorentina appoint former World Cup winner Grosso as manager
June 8 : Fiorentina have appointed former Italy defender Fabio Grosso as manager, the Serie A club said on Monday, with the 48-year-old signing a two-year contract.Grosso, who scored the winning penalty for Italy in the shootout win over France at the 2006 World Cup final, began his managerial career in Serie
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Two Josh Brown stocks bucking the real estate headwinds: The new data center landlord and a mall owner
Josh and Sean break down Prologis and Simon Property group, which have been holding their trends despite rising rates threatening the REIT sector.
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Congress moves toward approving $70 billion for ICE and CBP through Trump’s presidency
The U.S. House is expected to vote this week on a $70 billion measure to fund Immigration and Customs Enforcement and Customs and Border Control after delay.
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Household worries over finances hit highest level since July 2022, New York Fed survey shows
While the central bank’s monthly survey showed the inflation outlook mostly unchanged, the general perception of conditions deteriorated.
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