Tag: fast
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Exclusive-Data center firm Switch taps banks for IPO that could value it up to $80 billion, sources say
July 13 : Data center operator Switch has hired investment banks for an initial public offering that could raise up to $10 billion as soon as the fourth quarter, according to two people familiar with the matter, and value the company at close to $80 billion, including debt.Goldman Sachs and JPMorgan Chase hav
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Pogacar rides to solo victory in Tour de France’s Bastille Day showdown
LE LIORAN, France, July 14 : Slovenian four-time champion Tadej Pogacar made a solo attack to claim victory on stage 10 of the Tour de France on Tuesday, extending his overall lead ahead of Jonas Vingegaard to three minutes and 36 seconds.Vingegaard’s attempt to chase down the UAE Team Emirates-XRG rider fail
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Wales call up two replacements as they sweat on skipper Lake
DURBAN, July 14 : Wales have added versatile forward Freddie Thomas and hooker Elliot Dee to their squad for the Nations Championship fixture against South Africa in Durban on Saturday as they nervously monitor the fitness of captain Dewi Lake.Thomas, who can play either as a lock or in the back row, and Dee
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Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities
NEW YORK/LONDON July 14 : Shares were up modestly on Tuesday after softer than expected U.S. inflation data and strong second-quarter earnings from major banks, while oil prices rose for a second day as the U.S. and Iran battled for control of the Strait of Hormuz.The U.S. Consumer Price Index increased by a
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Kane dismisses talk of Tuchel-Bellingham rift before Argentina semi-final
KANSAS CITY, Missouri, July 14 : England captain Harry Kane dismissed suggestions of a rift between manager Thomas Tuchel and midfielder Jude Bellingham, saying media scrutiny had exaggerated a brief post-match exchange following their World Cup quarter-final victory over Norway.Questions over squad harmony e
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McIlroy calls for golf major season to be stretched out
SOUTHPORT, England, July 14 : Rory McIlroy has called for golf to extend its major championship season beyond its current four-month window.The current schedule, introduced seven years ago when the PGA Championship was brought forward from August to May, compressed the calendar for the sport’s most high-pro
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IBM warns AI boom is squeezing software budgets; shares sink in sector rout
July 14 : IBM said it had “faltered” in keeping pace with a shift in corporate spending from software to data-center infrastructure and forecast second-quarter earnings below estimates, the clearest sign yet of AI’s growing toll on the sector.The warning sent IBM’s shares down 26 per cent in early trading on
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Perpetuals.com ends acquisition talks with Trump-linked crypto firm
BOSTON, July 14 : Perpetuals.com, a global fintech company, has discontinued discussions to potentially acquire part of a business closely affiliated with World Liberty Financial, the crypto venture backed by the Trump family, according to a press release issued by Perpetuals on Tuesday.“Perpetuals has deci
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Meta used AI to target workers with medical conditions for layoffs, lawsuit claims
July 14 : Twenty-six former employees of Meta Platforms have filed a lawsuit against the tech company, accusing it of using AI-powered software that disproportionately targeted people with disabilities or who took medical leave in selecting people for mass layoffs.The lawsuit, filed in Oakland, California, fe
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German minister warns against unacceptable delays to 10 billion euro satellite project
BERLIN, July 14 : German Defence Minister Boris Pistorius on Tuesday urged timetable and budget discipline for a planned military satellite project valued at 10 billion euros ($11.45 billion), saying delays were unacceptable given current threats to security.”We cannot afford delays in these times,” Pistorius
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