Elon Musk’s X launches X Money, a digital wallet enabling payments, transfers, and financial services within the platform’s app vision.
Browsing: Finance
Broadcom forecasts AI chip revenue to surpass $100 billion by 2027 as demand from big tech like Google, OpenAI, and Meta accelerates.
Amazon plans up to $50 billion OpenAI investment, tied to IPO plans or achieving artificial general intelligence milestone.
Trump urges AI companies to cover rising electricity costs as data centers strain the national power grid.
Trump administration halts $259 million in Minnesota Medicaid funds, escalating crackdown on alleged fraud and oversight failures.
ByteDance reaches $550 billion valuation as General Atlantic sells stake, driven by TikTok’s global growth and influence.
Savannah Guthrie offers $1 million reward as search intensifies for missing mother Nancy Guthrie in Arizona.
Gilead to acquire Arcellx for $7.8 billion, strengthening oncology pipeline with anito-cel CAR T-cell therapy.
Amazon surpasses Walmart in annual revenue, driven by AWS, e-commerce growth, and diversified digital business expansion.
Optum executive Karan Gupta convicted in $1.2 million ghost employee fraud and money laundering scheme in United States.
Warner Bros rejects Paramount’s $30 bid, favors Netflix merger, seeks final offer before February 23 deadline.
Nexo returns to the US after regulatory clashes, partnering with Bakkt to relaunch crypto-backed lending and yield products.
Adani Group commits $100 billion to build AI-ready data centers in India over the next decade and power India’s AI future.
Indian American executive’s background in high-tech industrial manufacturing to play a key role at leading logistics solutions firm
Warner Bros. Discovery reconsiders Paramount Skydance bid, creating uncertainty for Netflix amid high-stakes media merger tensions.
Indian American executive to steer strategy and innovation for the AI-powered financial automation platform
Anthropic raises $30 billion in Series G funding to expand AI research, infrastructure, and Claude Code enterprise growth.
ByteDance advanced plans $6–7 billion sale of Moonton to Savvy Games Group, signaling major gaming industry shift.
Disney agrees to $2.75 million settlement in California over CCPA violations and complicated consumer data opt-out practices.
Kraft Heinz pauses breakup plans, invests $600 million to drive U.S. turnaround and restore profitable growth.
Adani Enterprises confirms OFAC probe into alleged Iran-linked transactions, says cooperation ongoing with no penalties imposed.
US jury orders Uber to pay $8.5 million after sexual assault lawsuit, a bellwether case with nationwide implications.
Alphabet beats earnings, but heavy AI infrastructure spending outlook unsettles Wall Street despite strong Google Cloud growth.
Pizza Hut plans to close 250 U.S. stores in 2026 amid Yum Brands’ strategic review and industry-wide restaurant closures.
Indian American AV market strategist’s appointment signals a major strategic shift toward a driverless future
