Ticket reseller StubHub raised $800 million in its IPO at a $8.6 billion valuation, marking its long-awaited stock market debut on the NYSE.
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Dr. Debarag Banerjee, Chief AI & Data Officer at L&T Finance, shares insights on AI-driven lending, RODI, financial inclusion, and the future of agentic AI.
Elon Musk’s xAI cuts 500 data annotators in a controversial layoff, pivots to domain specialists, and faces leadership, stability, and political criticism.
A federal judge blocked Trump’s directive excluding undocumented children from Head Start, reaffirming the program’s legal protections and vital role in serving vulnerable families nationwide.
Amsterdam-based AI infrastructure firm Nebius surged after announcing a $17.4 billion multi-year deal with Microsoft to expand cloud computing capacity for AI workloads.
Tesla’s U.S. market share hits an eight-year low as rivals outpace its aging lineup, raising concerns over competitiveness despite Musk’s AI and robotics ambitions.
The SEC and CFTC launch a joint initiative on digital assets as Trump-era regulators push friendlier crypto policies, fueling Bitcoin and Ether’s record rallies.
Saudi Aramco plans a $3–4 billion sukuk issuance while advancing a $90 billion investment program across oil, gas, and petrochemicals to secure growth amid softening crude prices.
Spirit Airlines’ bankruptcy reshapes the airline sector, with reduced capacity boosting rivals like Frontier, American, Delta, and United, while investors weigh risks of consolidation and economic downturn.
Budget carrier Spirit Airlines files for a second Chapter 11 bankruptcy, struggling with debt, tariffs, and rebranding challenges while pledging to continue flying.
Byju Raveendran’s global troubles deepen as QIA seeks $235M enforcement in India amid U.S. bankruptcy disputes, asset freezes, and allegations of questionable tactics in the edtech giant’s collapse.
Elon Musk’s social media company X has reached a settlement with former employees who sued for $500 million in severance pay after mass layoffs in 2022.
A coalition of U.S. labor unions and advocacy groups is urging pension fund officials to oppose Elon Musk’s massive Tesla pay package, citing risks to workers’ retirement savings.
Pop Mart’s trending “Labubu” dolls fuel a global craze, with soaring sales, viral unboxings, and plans to double revenue through mini phone-hanging versions.
U.S. DNI Tulsi Gabbard announced sweeping reforms, slashing staff and budget while eliminating key units, amid controversy over revoked security clearances and reshaped intelligence priorities.
Intel faces financial turbulence in 2025, seeking equity from SoftBank, institutional investors, and even the U.S. government as it undertakes a dramatic turnaround in the semiconductor race.
India’s Parliament has passed a bill banning online real-money games, threatening the $3.6 billion fantasy gaming industry, jobs, investments, and pushing users toward offshore platforms.
Google will pay $30 million to settle a class action lawsuit alleging YouTube illegally collected children’s data, highlighting ongoing concerns over kids’ online privacy protections.
Newsmax will pay $67 million to settle Dominion’s defamation lawsuit over false 2020 election fraud claims, highlighting ongoing battles between conservative media and voting technology firms.
OpenAI is set to sell $6 billion in employee shares at a $500 billion valuation, making it the world’s most valuable startup.
The U.S. Department of Energy announces nearly $1 billion in funding to boost domestic mining, processing, and manufacturing of critical minerals vital for energy, security, and industry.
Circle unveils Arc, a stablecoin-focused Layer 1 blockchain using USDC as native gas, aiming to power enterprise-grade payments, FX, and capital markets with sub-second settlement.
The U.S. Justice Department dismantled key infrastructure of the Russian-linked BlackSuit ransomware gang, seizing servers, domains, and $1 million in bitcoin in a global cybercrime crackdown.
SoftBank eyes over $2 billion U.S. IPO for PayPay as it expands its fintech dominance, boosts AI investments, and drives record highs in Japan’s stock market.
Tesla is set to open its second India outlet in Delhi’s Aerocity, offering the Model Y and expanding its EV presence with quick chargers and advanced features.