Tag: Business
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Stocks making the biggest moves premarket: Nvidia, Marvell, Flex and more
These are the stocks posting the largest moves in early trading.
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Marvell Technology jumps almost 9% in premarket after news it will join the S&P 500 index
Marvell rose in premarket trading after S&P Global said the AI chipmaker would join the S&P 500 on June 22.
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Meta to take legal action against Israeli spyware firm NSO, foils phishing attacks
June 8 : Meta said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating a permanent injunction that barred it from ever targeting WhatsApp and its users.The company said its WhatsApp messaging service disrupted new spear phishing attempts linked to NSO, an
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Eni and Petronas launch gas joint venture in Southeast Asia
MILAN, June 8 : Italy’s Eni and Malaysia’s Petronas have established a 50-50 joint venture combining energy businesses across Indonesia and Malaysia after signing an investment agreement in November, they said on Monday.The move is part of Eni’s so called satellite strategy to spin off specific assets and dev
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South Korea to seek priority supply of Nvidia Vera Rubin GPUs, science minister says
SEOUL, June 8 : South Korea will ask for priority supply of Nvidia’s next-generation Vera Rubin graphics processing units, as deliveries are expected to be delayed, Science and ICT Minister Bae Kyung-hoon said on Monday. Bae said a government notice for South Korea’s GPU project had been issued earlier in the
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Five ways Elon Musk’s SpaceX upended Wall Street’s IPO playbook
June 8 : Elon Musk is bringing his pioneering business style to the IPO world this week when his rocket and satellite maker SpaceX goes public, in ways that no other company has. Here is how SpaceX is breaking Wall Street traditions with its record $75 billion listing.1. ‘TAKE-IT-OR-LEAVE-IT’ STOCK PRI
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Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
“The big unknown is how long travelers and shippers can tolerate the higher costs,” IATA’s Willie Walsh said.
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Big tech firms must stop young people circulating nude images, says UK PM Starmer
LONDON, June 8 : Big tech firms operating in Britain must introduce safety measures on children’s phones to prevent them from circulating nude images or they will face legislation forcing them to do so, Prime Minister Keir Starmer said on Monday. Under the new plans, firms like Apple and Google should build o
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UK competition watchdog launches probe into eBay’s purchase of Depop
June 8 : UK’s competition regulator on Monday launched a probe into eBay’s $1.2 billion purchase of Gen Z-focused fashion resale platform Depop from Etsy.
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Meta takes legal action against Israeli spyware firm NSO
June 8 : Meta said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating a permanent injunction that barred it from ever targeting WhatsApp and its users.The company said its WhatsApp messaging service disrupted new spear phishing attempts linked to NSO, an
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