Tag: news
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DeepSeek resumes funding round seeking nearly $8 billion, Bloomberg News reports
Aug 6 : Chinese AI startup DeepSeek has resumed its second funding round, seeking close to $8 billion, with Monolith Management in talks to participate, Bloomberg News reported on Thursday, citing people familiar with the matter.DeepSeek is seeking a valuation close to 500 billion yuan ($74.09 billion), the r
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Alphabet seeks up to $25 billion from its latest bond sale, Bloomberg News reports
Aug 6 : Alphabet is looking to raise as much as $25 billion from its latest U.S. bond offering, Bloomberg News reported on Thursday, citing people familiar with the matter, weeks after the tech giant’s 2026 capital spending outlook triggered a steep selloff. The company is offering notes in as many as 10 part
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India news: Student protests in Jharkhand enter 13th day
The movement in the eastern Indian state of Jharkhand has gained momentum after protesters called on people to march to Jharkhand’s state legislature.
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Waratahs go back to the future with Foley, Phipps signings
SYDNEY, Aug 6 : The New South Wales Waratahs signed flyhalf Bernard Foley and scrumhalf Nick Phipps for the 2027 season on Thursday, bringing back to Sydney the halfback pairing that won the team their sole Super Rugby title 12 years ago. Foley, nicknamed the “Iceman” after slotting the late penalty that won
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Major Wall Street hedge funds targeted in attempted cyberattacks, Bloomberg News reports
Aug 5 : Hackers attempted a series of sophisticated cyberattacks on major Wall Street money managers in recent days, targeting their information systems, Bloomberg News reported on Wednesday, citing people familiar with the matter.Some of the world’s largest hedge funds, including Two Sigma Investments, Citad
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New York Times’ slower subscriber growth in busy news cycle sparks share selloff
Aug 5 : The New York Times added digital subscribers more slowly in the second quarter despite a busy news cycle that included the U.S.-Israeli war with Iran and the FIFA World Cup, worrying investors who sent its shares down more than 13 per cent.The newspaper added about 280,000 digital-only subscribers in
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Drone carrying explosives found at Leipzig airport in Germany
The drone was found in the cargo area near a Ukrainian aircraft before another suspected object collided with a cargo aircraft in mid-air.
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New York Times posts slower digital subscriber growth, shares slump
Aug 5 : The New York Times reported slower digital subscriber growth for the second quarter on Wednesday and issued a lackluster digital subscription revenue forecast, sending its shares down more than 8 per cent in premarket trading.Publishers are operating in a crowded market, where big tech firms and AI pl
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Much ‘to do’ about yen intervention
August 3 : What matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and MarketsJapan’s yen strengthened further on Monday as the U.S. and Japanese governments confirmed their first joint intervention since 2011 to prop up the ailing currency from recent 40-year lows.
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ArcelorMittal expands Microsoft partnership on cloud
Aug 3 : Steelmaker ArcelorMittal said on Monday it was expanding its collaboration with Microsoft as part of its “Cloud First, Data Centric” strategy, which uses Azure as its primary cloud computing platform.The company said it would integrate Microsoft Fabric, Purview and Foundry to modernize its IT systems,
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