Category: Business

Hyundai has announced a delay of up to three months in the construction of its electric vehicle battery plant in Georgia, attributing the setback to the recent detention and deportation of hundreds of workers during a federal immigration raid. The raid, which targeted subcontracted labor at the facility, led to significant disruptions in the workforce, […]

Alibaba Group is pursuing $3.2 billion in new funding to accelerate growth across its cloud computing and e-commerce divisions. The move reflects the Chinese tech giant’s renewed focus on core business areas amid intensifying global competition and shifting market dynamics. According to company sources, the capital will support infrastructure upgrades, AI-driven cloud services, and expansion […]

Shares in Warner Bros. Discovery rose nearly 29% on Thursday following reports that Paramount Skydance Corp. is preparing a takeover bid for the media giant. The Wall Street Journal cited sources familiar with the matter, noting that the proposed cash offer—backed by the Ellison family—could create a combined entity valued at approximately US$60 billion. Warner […]

President Donald Trump announced that his administration will seek to restart trade negotiations with India following several weeks of heightened bilateral tensions. The statement comes amid ongoing disputes over tariffs, market access, and regulatory barriers that have strained economic relations between the two countries. Speaking to reporters, Trump emphasized the importance of strengthening U.S.-India trade […]

In practical terms, South-South cooperation is a process whereby developing countries – regardless of their actual geographical location – seek to achieve their individual or shared development goals through the exchange of knowledge, skills, and resources, in partnerships involving governments, regional organisations, civil society, academia, and the private sector. The experiences and goals of most […]

San Francisco billionaire Chris Larsen once again has wielded his wallet to keep city residents under the eye of all-seeing police surveillance.  The San Francisco Police Commission, the Board of Supervisors, and Mayor Daniel Lurie have signed off on Larsen’s $9.4 million gift of a new Real-Time Investigations Center. The plan involves moving the city’s […]

OpenAI has entered into a landmark $300 billion cloud computing partnership with Oracle, marking one of the largest technology contracts in history. The five-year agreement, set to begin in 2027, will provide OpenAI with 4.5 gigawatts of computing power—enough to support the training and deployment of advanced artificial intelligence models at unprecedented scale. The deal […]

If the Supreme Court doesn’t reverse a lower court’s ruling, internet service providers (ISPs) could be forced to terminate people’s internet access based on nothing more than mere accusations of copyright infringement. This would threaten innocent users who rely on broadband for essential aspects of daily life. EFF—along with the American Library Association, the Association […]

September 11, 2025 📈 Amsterdam-based neocloud provider Nebius Group saw its shares soar over 60% in extended trading on Monday following the announcement of a landmark US$19.4 billion infrastructure agreement with Microsoft. The five-year deal will supply dedicated cloud capacity from Nebius’s new data centre in Vineland, New Jersey, beginning later this year. The agreement […]

September 10, 2025 📈 Oracle Corporation (NYSE: ORCL) surged 26.8% in after-hours trading on Tuesday, reaching $306.14, after reporting robust cloud growth projections and a sharp rise in contracted revenue, despite flat statutory net income for Q1 FY26. CEO Safra Catz described the quarter as “astonishing,” citing a 359% year-over-year increase in remaining performance obligations […]