Economy
Robinhood Reaches $45M Settlement with SEC Over Securit...
Robinhood has agreed to pay $45 million to settle charges brought by the Securities and Exchange Commission (SEC) over allegations that the company failed to adequately protect customer information. The settlement involves two of the compan...
AI Chip Startup Blaize Prepares for Nasdaq Debut Amid I...
The surge in interest surrounding Nvidia and its dominance in the artificial intelligence chip industry has set the stage for emerging players to make their mark. Among them, Blaize, a company founded by former Intel engineers, is gearing u...
LoopCV: Revolutionizing Job Hunting and Simplifying the...
Job hunting often feels like a full-time job itself, with countless hours spent scrolling through job boards, customizing applications, and tracking submissions. For those seeking a more efficient approach, LoopCV Premium offers a streamlin...
Mubadala Surpasses PIF to Lead Global Sovereign Wealth ...
Abu Dhabi’s Mubadala Investment Company emerged as the world’s largest sovereign wealth fund spender in 2024, accounting for approximately 20% of the nearly $136.1 billion spent globally by such funds. The surge in Gulf countries’ spending ...
AI Titans Apple, Microsoft, and Nvidia Set Their Sights...
The artificial intelligence (AI) sector continues to expand at an unprecedented rate, becoming a core driver of innovation across industries. As of 2024, the global AI market has reached a valuation of $747.91 billion, up significantly from...
Xerox Plans to Acquire Lexmark in a $1.53 Billion Deal ...
Xerox has announced plans to acquire Lexmark, a prominent player in the printing and imaging solutions market, in a deal valued at $1.53 billion. The transaction is expected to be finalized in the second half of 2025, with Xerox projecting ...
Turkey Lowers Duty-Free Shopping Limit to 27 Euros Incl...
In a move that further tightens restrictions on international online shopping, Turkey has revised its duty-free import limit. The new regulation, announced by the Ministry of Trade, lowers the limit for duty-free purchases from abroad to 27...
This Week in Global Business: Investments and Acquisiti...
As the week winds down, it’s time to review some major developments in the global business and technology landscape. From digital workplace solutions to advancements in oncology and AI-driven platforms, several companies have made noteworth...
New Customs Duty Regulations for Imported Goods to Turk...
In a recent update to Turkey's customs regulations, the shopping limit for goods purchased from abroad has been significantly reduced. According to the amended decree published in the Official Gazette, the threshold for tax-free imports has...
GrowUp Farms Secures €45M from Generate Capital to Expa...
London-based GrowUp Farms, a leading vertical farming company, has secured a significant investment of £38 million (approximately €45 million) from US-based Generate Capital. This substantial funding aims to expand GrowUp's operations at it...
13books Capital Launches a €144 Million Fund to Propel ...
In a bold move amidst a challenging investment landscape, London-based 13books Capital has successfully closed a new €144 million fund aimed at fostering innovation in the financial technology sector. This initiative marks a significant com...
Flagship Pioneering Secures $3.6 Billion to Launch 25 N...
Flagship Pioneering has announced its ambitious plan to create and develop around 25 new startups within the next three to five years, focusing on life sciences or "human health," sustainability, and artificial intelligence. This initiative...
Reliance May Spin Off Jio at $112 Billion Valuation by ...
Reliance Industries, India’s most valuable company, is considering a spinoff of its telecom arm, Jio, for a public listing as early as 2025, according to a research note by Jefferies. This move is seen as favorable among investors compared ...
Seedrs Transforms into Republic Europe Following Acquis...
Seedrs, one of Europe's leading crowd investment platforms, has officially rebranded as Republic Europe after its acquisition by the US-based firm Republic. This strategic change marks a new chapter for the platform, which has been facilita...
Aperture LLC Forms Strategic Partnership with The BERO ...
Aperture LLC, a Trinity Hunt Partners portfolio company, announced today its partnership with The BERO Group. Rick Bero founded The BERO Group in 1995, chairing the firm’s Intellectual Property service line and co-chairing its Commercial Li...
B. Riley Financial Acquires Interface Consulting Intern...
B. Riley Financial, Inc. (Nasdaq: RILY) has announced the acquisition of the assets of Interface Consulting International, Inc., a prominent firm in engineering and construction consulting and expert services. This strategic move aims to bo...
