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Tencent is weighing a $5 billion offshore bond sale to fund AI spending
The Chinese tech giant raised nearly $4.7 billion in a similar offering…
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Musk accused unnamed Indian billionaires of blocking Starlink's India launch
India's government rejected Musk's claims, saying its regulatory framework for satellite communications is fair and…
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Asos says hackers tricked an employee into handing over their work account login
The Xuanye Group used the stolen credentials to access third-party platforms Asos…
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OpenAI is hiring its European sales chief from SpaceX's Cursor
Ismail Elmas becomes the second senior Cursor alumnus recruited by OpenAI for a sales role…
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Solidigm is picking Goldman Sachs and Morgan Stanley to lead a $10 billion U.S. IPO
The flash memory maker could list as soon as 2027…
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Oil jumps 5% as Trump reportedly weighs Iran strikes before midterms
Brent crude topped $105 a barrel Thursday after reports that the White House asked…
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Jeff Bezos says Blue Origin will likely pursue an IPO within several years
Bezos made the remarks as Blue Origin works to close a $10…
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Uniqlo owner Fast Retailing posted a fifth straight year of record profit
The Japanese retailer's net profit rose 25% to 542.5 billion yen for the…
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Amazon is cutting nearly 1,000 jobs in its retail division
The cuts, which affect workers in the U.S., India, and the U.K., come as Amazon…
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TSMC's third-quarter revenue rose 39% to a record on AI chip demand
September monthly sales climbed 54.6% from a year earlier, though dipped slightly from…
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Levi Strauss is raising its full-year earnings outlook after tariff refunds boosted profit
The denim company's direct-to-consumer business fell short of internal expectations in the…
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Dow futures drop 500 points as oil surges and Treasury yields climb
Brent crude is up more than 5% after a tanker attack in the…
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Ellison family put $17 billion into Skydance's Warner Bros. deal, filings show
The family holds the largest equity stake in the combined company and, with…
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Samsung is forecasting a record $80 billion quarterly profit on AI chip demand
The South Korean chipmaker projected a nearly ninefold jump in third-quarter operating…
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PepsiCo cut Lay's and Doritos prices by up to 15%, and North America still stalled
The snacks and beverages company beat quarterly estimates but slashed…