BlackRock's Acquisition of Preqin Under UK Regulatory Scrutiny
The UK's Competition and Markets Authority has initiated a merger inquiry into BlackRock's proposed acquisition of Preqin Ltd, following a preliminary review. The phase 1 decision ...
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Broadcom Soars to Unprecedented $1T Valuation on AI Chip Optimism
Broadcom Inc. saw a 20% stock surge, pushing its market capitalization to $1.024 trillion, driven by optimistic forecasts for custom AI chips and agreements with major hyperscale c...
MobiKwik IPO Sees Massive Investor Demand, Valuation Hits $4.7 Billion
MobiKwik's $67 million IPO attracted bids worth $4.7 billion, reflecting strong investor confidence in the fintech company's growth potential and anticipated listing gains within t...
Google Fined $75 Million in Turkey for Anti-Competitive Practices
Turkey's competition authority fines Google $75 million for violating competition law by favoring its own ad server services over competitors, requiring corrective actions within s...
OpenAI CEO Sam Altman Joins Tech Titans in Supporting Trump's Inaugural Fund
OpenAI CEO Sam Altman plans to donate $1 million to Trump's inaugural fund, joining other tech leaders like Jeff Bezos and Mark Zuckerberg. The private contribution reflects optimi...
Discover Cutoshi: The Meme Coin That Could Outshine Solana and Ethereum
Cutoshi, a meme coin inspired by the Chinese Lucky Cat, offers potential in the crypto market, blending meme culture with decentralized finance. Currently in presale, it presents a...
UK Court Revives Forced Labour Lawsuit Against Dyson by Malaysian Workers
The UK Court of Appeal has allowed a lawsuit by Malaysian workers against Dyson, alleging forced labour, to proceed in London, overturning a previous High Court ruling.
Broadcom's Surge: AI Chip Demand Propels Market Value Towards $1 Trillion
Broadcom's shares surged 14% as the company forecasted rising demand for its custom AI chips, moving closer to a $1 trillion market value. The chipmaker's revenue forecast for the ...
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