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Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO
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Top stories - NBC News
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, a spokesman for the supplier said Friday.Yesterday -
Business - CNBC
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.Yesterday -
Business - CNBC
After rejecting Google takeover, cyber firm Wiz says it will IPO 'when the stars align'
Wiz is hoping to achieve $1 billion in annual recurring revenue in 2025 — a key condition the company wants to meet before going public.Yesterday - Google -
Top stories - BBC News
Chinese economic slowdown deepens, official figures show
Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.Yesterday -
Politics - The Hill
Big Tech goes nuclear
{beacon} Energy & Environment Energy & Environment The Big Story Big Tech turns to nuclear energy to power AI boom Major technology companies are increasingly turning to nuclear energy as they ...Yesterday -
Politics - The Hill
DHS deports Chinese migrants on charter flight
The Department of Homeland Security (DHS) deported a group of Chinese migrants earlier this week on a charter flight to China, according to officials. Tuesday's flight marked the second removal of ...Yesterday -
Top stories - The New York Times
Inside the Secretive $700 Million Ad-Testing Factory for Kamala Harris
Future Forward has ascended to the top of the Democratic political universe, but it has also drawn suspicion and second-guessing.2 days ago - Kamala Harris -
Business - MarketWatch
Tech stocks are nearing their first record high since July as dip-buyers get their wish
Information technology stocks have shaken off their summertime blues, even reclaiming the top spot on the stock market’s 2024 leaderboard.2 days ago -
Business - The Wall Street Journal
Alibaba's Southeast Asia Unit Lazada Pushes AI Investment to Regain Market Share
Lazada is accelerating investments in generative artificial intelligence to regain its standing in a fiercely competitive market with limited opportunities for margin expansion.2 days ago -
Business - Inc.
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.2 days ago - Joe Biden -
Business - CNBC
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.2 days ago -
Sports - ABC News
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 deal2 days ago -
Top stories - NBC News
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.3 days ago -
Business - CNBC
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.3 days ago -
Top stories - NBC News
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.3 days ago -
World - Financial Times
Hong Kong’s IPO market could benefit from robo-vehicle boom
If Horizon reaches its $696mn target, it would be the city’s largest initial public offering this year3 days ago -
Business - CNBC
Alibaba's international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce giant Alibaba's international arm on Wednesday launched an updated AI translation tool aimed at merchants that want to sell globally.3 days ago - Google -
Business - The Wall Street Journal
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.3 days ago -
Business - Inc.
This Latina Founder Raised $35 Million to Reach Hispanic Audiences. Today, Her Company Is Among the Fastest-Growing in the Country
Canela Media landed on the Inc. 5000 list earlier this year thanks to the grit and vision of CEO Isabel Rafferty Zavala.3 days ago -
Top stories - CBS News
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.3 days ago - Joe Biden -
Sports - ABC News
The cost of rising number of injuries in European soccer nears $800 million, report finds
An annual report says the rising number of injuries to top soccer players came at a cost of nearly $800 million across Europe’s leading leagues last season3 days ago -
Business - The New York Times
Chinese Automakers Show Force at Paris Auto Show
Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.4 days ago -
Business - Inc.
Bradley Tusk Gets Real About Tech Regulations
Tusk made his name helping Uber plow through regulatory roadblocks. We asked him to forecast the future of regulation for AI, social media, and crypto.4 days ago -
Business - MarketWatch
Applied Nutrition seeks to raise up £400 million in IPO
The protein shake seller which is backed by JD Sports said it Asda-shareholder Mohsin Issa has committed to participating in the float in London this month4 days ago -
Business - CNBC
Tokyo Metro's IPO could drive momentum in the Japanese market as Chinese listings dry up
"We think they're offering very, very good value," Mio Kato, founder of LightStream Research, told CNBC.4 days ago -
Business - Financial Times
The sperm donor bros of tech
Genetic largesse from some of Silicon Valley’s elite appears to be a mix of narcissism, altruism and dreams of immortality4 days ago -
Business - The Wall Street Journal
CR Beverage Prepares Near $650.0 Million Listing
The Chinese beverage company is testing investor interest in its business, taking advantage of growing risk appetite for new equity offerings in Hong Kong.4 days ago -
Business - Financial Times
Chinese carmakers deny intent to ‘overthrow’ western rivals
In Paris for motor show, companies including Xpeng and GAC pledge their long-term commitments in effort to allay concerns4 days ago -
Top stories - BBC News
Can Labour Climb The Investment Summit?
And, the inquiry into the Salisbury poisonings begins.4 days ago -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy4 days ago - United Kingdom -
Top stories - BBC News
BBC boss warns of Russian and Chinese propaganda
The UK is losing out because of cuts to the World Service, the BBC's director general warns.5 days ago - Russia -
Tech - The Wall Street Journal
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.5 days ago -
Politics - The Hill
US raises concern over Chinese military drills near Taiwan
The United States said it is “seriously concerned” about Chinese military drills near Taiwan on Monday. State Department spokesperson Matthew Miller said the U.S. is concerned by the joint military ...5 days ago
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How San Francisco Learned to Love Self-Driving Cars
Just last year, residents wanted to get rid of robotaxis. Now locals and tourists can’t get enough.16 hours ago - San Francisco -
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WSJ's Tech Live: Netflix's Ted Sarandos, LinkedIn's Reid Hoffman and More
Journal subscribers can watch live interviews including with SF Federal Reserve President Mary Daly, Reddit co-founder Steve Huffman, composer Hans Zimmer and actor Joseph Gordon-Levitt.17 hours ago - Netflix -
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