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Tencent to Invest $500 Million in Cloud Infrastructure in Indonesia
Tencent Holdings plans to set up its third internet data center in Indonesia, as the Chinese tech giant furthers its partnership with GoTo Group and Alibaba Group.Business - The Wall Street Journal - 3 days ago -
Exclusive: Northflank scores $22.3 million to make cloud infrastructure less of a nightmare for developers
Northflank raises $22.3M to simplify cloud deployment, offering developers a third path between inflexible platforms and costly internal tools, with backing from Bain Capital Ventures.Tech - VentureBeat - 3 days ago -
Amazon goes nuclear, to invest more than $500 million to develop small modular reactors
Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers.Business - CNBC - October 16 -
Amazon goes nuclear, plans to invest more than $500 million to develop small modular reactors
Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State.Top stories - NBC News - October 16 -
Indonesia’s Marapi volcano erupts, spewing ash and hot clouds
One of Indonesia’s most active volcanoes has erupted, spewing thick columns of ash at least three times and blanketing villages with debris, but no casualties were reportedWorld - ABC News - October 27 -
Indonesia's Mount Lewotobi Laki Laki unleashes towering columns of hot clouds
Indonesia’s Mount Lewotobi Laki Laki volcano is spewing towering columns of hot ash high into the air following the huge eruption that killed nine people and injured dozens of othersWorld - ABC News - 5 days ago -
Indonesia blocks Apple iPhone 16 sales over lack of investment
Marketing and sale of model prohibited after tech giant fails to meet rule 40% of phones be made from local parts. Indonesia has prohibited the marketing and sale of the iPhone 16 model over ...World - The Guardian - October 28 -
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Delta Sues Crowdstrike Over Outage That Cost $500 Million
Delta Air Lines filed the suit against CrowdStrike in Georgia after its outage disrupted travel plans for 1.3 million customers.Business - Inc. - October 27 -
Disney to Pay More Than $500 Million to Air the Grammys
The music industry’s marquee awards show will leave CBS after 2026, ending a decadeslong run.Business - The Wall Street Journal - October 30 -
Teva Fined Around $500 Million Over MS Drug Competition Concerns
The European Union fined Israel’s Teva Pharmaceutical 462.6 million euros, saying it abused its market position in a way that might have delayed competitors from entering the multiple sclerosis ...Business - The Wall Street Journal - October 31 -
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.Business - CNBC - October 16 -
Biden admin to invest $750 million in N. Carolina chipmaker Wolfspeed
Money will go to the chipmaker's new silicon carbide factory in North Carolina and factory in Marcy, New York.Top stories - CBS News - October 15 -
Beyond to Make Physical Retail Comeback With Investment in The Container Store
Beyond is investing $40 million in The Container Store, providing the struggling retail chain a financial lifeline while returning some Bed Bath & Beyond products back to physical retail locations.Business - The Wall Street Journal - October 15 -
Biden Administration to Invest $900 Million in Small Nuclear Reactors
The decision to invest in small nuclear reactors will help the U.S. meet its emissions goals.Business - Inc. - October 16 -
Arizona counties invest millions to reassure voters of election security
The ballot boxes in Arizona's Pinal County are equipped with GPS tracking devices, something officials say can assure the public all election equipment is protected.Top stories - CBS News - October 31 -
This Electric Aircraft-Maker Just Landed a $318 Million Investment
Beta Technologies’s Series C funding comes just a month after a $20 million investment to build out charging infrastructure across the country.Business - Inc. - November 1 -
Investment firm stole $658 million in a Ponzi scheme targeting conservatives and immigrants
Using celebrity endorsers like Bill O’Reilly and buying ads targeting conservatives and immigrants, a New Jersey real-estate investment company promised huge returns but stole millions.Business - MarketWatch - 18 hours ago -
Beirut Hospital Evacuates After Israel Accuses Hezbollah of Stashing $500 Million Underneath
When Israeli military officials said that Hezbollah had stashed $500 million in gold and cash under a Beirut medical center, there was a scramble to evacuate the facility, and now a debate is ...World - The Wall Street Journal - October 23 -
EU Commission fines Teva $500M for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...World - ABC News - October 31 -
EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...Health - ABC News - October 31 -
Black Ops 6 Had A Record-Setting Debut, As Franchise Passes 500 Million Units Sold
Call of Duty: Black Ops 6 launched on October 25 and it had an enormous, record-setting debut. The game had the "biggest" three-day opening weekend in franchise history when looking at total number ...Tech - GameSpot - October 31 -
Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.Business - CNBC - November 5 -
Infrastructure is destiny in the AI era
It’s increasingly clear that building more data centers and power plants will catalyze a reindustrialization of the U.S. that benefits the entire country.Politics - The Hill - October 24 -
Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO
Alibaba and search-engine giant Baidu are investing in a nearly $700 million equity offering by Horizon Robotics.Tech - The Wall Street Journal - October 15 -
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.Business - CNBC - October 16 -
Lions sign DT Alim McNeill to $97 million, 4-year deal in franchise's latest investment
The Detroit Lions have decided to make defensive tackle Alim McNeill their latest investment, retaining a key player with a long-term dealSports - ABC News - October 16 -
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp.Top stories - NBC News - October 16 -
Eva Longoria reportedly rescued 'John Wick' with $6 million investment: 'The best money I've ever spent'
The 2014 film almost shut down production after running out of financing.Business - CNBC - October 25 -
I’m 71 with $2 million in retirement savings and a conservative investment strategy. Am I doing this right?
“I’m in good health and still working part time.”Business - MarketWatch - 2 days ago -
Tencent Profit Momentum Continues on Gaming Strength
Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.Business - The Wall Street Journal - Yesterday -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
'Sorry' water boss has plan to end sewage spillages
Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.Top stories - BBC News - October 23 -
5 Tips to Modernize Your IT Infrastructure
Digitally transforming your business on an ongoing basis will save on costs and staff time.Business - Inc. - October 31 -
New boss seeks to bring Naspers out of Tencent’s shadow
Fabricio Bloisi will overhaul corporate culture and pay structures in search of growth beyond its stake in the Chinese internet giantBusiness - Financial Times - October 27 -
Tencent posts better-than-expected 47% profit surge as games, AI tools shine
Chinese gaming and social media giant Tencent on Wednesday reported profit above analysts' expectations, while revenue missed slightly.Business - CNBC - Yesterday
