Tag: billion
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Google must pay record €4.1 billion fine, top EU court rules
The EU’s highest court has thrown out an appeal by Google against a record antitrust fine. The tech giant had argued that the bloc was unfairly penalizing innovation.
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Google faces EU top court ruling on record €4.1 billion fine
The EU’s highest court will rule on Google’s appeal against a record antitrust fine, after the tech giant argued the bloc unfairly penalized innovation.
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Exclusive-SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessions, sources say
July 1 – SoftBank Group has reopened talks with a consortium of lenders for a $10 billion loan backed by its stake in OpenAI, after earlier attempts to secure a loan stalled over concerns about the difficulty of valuing private companies, two people familiar with the matter said.To make lenders more comfortab
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Together AI raises $800 million at $8.3 billion valuation
July 1 : Together AI on Wednesday said it has raised $800 million in a funding round led by Aramco Ventures, more than doubling the artificial intelligence startup’s valuation to $8.3 billion.Founded in 2022, the startup’s platform lets companies train and run AI workloads on open models such as DeepSeek, Min
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Swedish court orders Google to pay $1.5 billion to Klarna in antitrust damages
STOCKHOLM, July 1 : A Swedish court on Wednesday ordered Alphabet’s Google to pay about $1.5 billion in antitrust damages to PriceRunner, the price comparison business owned by payments platform Klarna.The award, equivalent to around 14.3 billion Swedish crowns, comes amid growing scrutiny of U.S. Big Tech co
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Swedish court says Google is to pay $1.5 billion to Klarna in antitrust damages
STOCKHOLM, July 1 : A Swedish court said on Wednesday Alphabet’s Google is to pay the equivalent of around 14.3 billion Swedish crowns ($1.5 billion) in antitrust damages to Klarna’s price comparison company PriceRunner. “PriceRunner is considered to have suffered damage as a result of Google having illeg
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German startups compete in global race for nuclear fusion
Companies around the world are competing to see who can build the first commercially viable nuclear fusion reactor. German startups are also in the race, supported by major corporations and private investors.
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Trump made over $1.4 billion in 2025, led by crypto ventures
Trump’s latest financial filing shows hundreds of millions in income driven by crypto — an industry that has flourished under his policies.
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Exclusive-Kawasaki Heavy plans to raise $1.2 billion via new shares and convertible bonds, sources say
TOKYO, July 1 : Japan’s Kawasaki Heavy Industries is finalising plans to raise about 200 billion yen ($1.23 billion) by issuing new shares and convertible bonds to fund capital expenditure, according to two sources familiar with the matter. The company will decide on the details of the issuance as soon as thi
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Chinese tech companies seek nearly $6 billion in Hong Kong listing rush
June 30 : Five Chinese technology and advanced manufacturing companies launched Hong Kong listings on Tuesday to raise up to HK$44.1 billion ($5.6 billion), one of the busiest days for new share sales this year, according to their company filings.The biggest of the five offerings is Shenzhen-listed Apple supp
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