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Tech News
/ 1 month agoBroadcaster Sinclair builds stake in rival Scripps, presses for merger
U.S. broadcaster Sinclair on Monday disclosed an 8.2% stake in smaller rival E.W. Scripps and said it has been in talks...
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Tech News
/ 1 month agoCelero raises $140 million from Alphabet’s CapitalG fund, others for AI networking chip
Celero Communications, a U.S. startup founded by networking industry veterans, on Monday said it has raised $140 million to build a...
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Tech News
/ 1 month agoTesla wins bid to undo race bias class action by Black factory workers
A California state judge has ruled that 6,000 Black workers at Tesla’s flagship assembly plant cannot sue over alleged racial harassment...
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Tech News
/ 1 month agoExclusive: Weinstein’s Saba sells credit derivatives on Big Tech as AI risks grow, source says
Boaz Weinstein’s Saba Capital Management has sold credit derivatives in recent months to lenders seeking protection on big tech names like...
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Tech News
/ 1 month agoAmazon seeks to raise $12 billion from US bond sale, Bloomberg News reports
Amazon is looking to raise about $12 billion from the corporate bond market in its first such deal in U.S. dollars...
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Tech News
/ 1 month agoFrance targets Vinted for failure to prevent underage access to adult content
France’s child protection agency chief Sarah El Hairy has asked the regulator to investigate second-hand clothes marketplace Vinted for failing to...
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Tech News
/ 1 month agoPeter Thiel’s fund offloaded Nvidia stake in third quarter, filing shows
Tech billionaire Peter Thiel’s hedge fund has sold off its entire stake in Nvidia during the third quarter, a regulatory filing...
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Tech News
/ 1 month agoChinese EV maker XPeng forecasts weak fourth quarter revenue amid fierce competition
Chinese electric vehicle maker XPeng forecast fourth-quarter revenue below estimates on Monday, as a prolonged price war and intensifying competition in...
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Tech News
/ 1 month agoJeff Bezos to co-lead AI startup in first operational role since Amazon, NYT reports
Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence startup that focuses on AI for engineering and...
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Tech News
/ 1 month agoGMI Cloud to build $500 million AI data centre in Taiwan with Nvidia chips
U.S.-based cloud services provider GMI Cloud said on Monday it will build a $500 million artificial intelligence data centre in Taiwan...


