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Infowars auction could determine whether Alex Jones is kicked off its platforms

Conspiracy theory purveyor Infowars and most of its assets are set to go on the auction block Wednesday, with Alex Jones waiting to see if he will be allowed to stay or if he will get kicked off its online platforms. The private auction is being held as part of Jones' personal bankruptcy, which…




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Another major healthcare provider files for Chapter 11 bankruptcy




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Exclusive-Chinese giant CATL pushes beyond batteries into power grids, EV platforms

Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth. Zeng told Reuters in an interview that he expects…




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Trump says he will nominate anti-‘woke’ showman for defense secretary

Pete Hegseth, a 44-year old NATO-skeptic, is perhaps Trump's most surprising pick as he fills out his cabinet ahead of the 20 January inauguration




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Morning Bid: 'Trump trades' pause for breath before US CPI

A look at the day ahead in European and global markets from Kevin Buckland




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South Korean Stocks Set for One-Year Low on Trump Policy Concern




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Rakuten Sells Mizuho 15% of Credit Card Arm for Over $1 Billion




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Startup CEO says humans won't be needed for translation in 3 years as it launches AI app

Unbabel on Wednesday announced an artificial intelligence-powered translation service, adding another rival to a highly competitive space.




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EPP will ‘need some time’ before making Séjourné decision

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Vietnam Air Eyes Order for 50 Jets in 2025 With Boeing As Top Contender




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Swedish Fintech Klarna Files for Widely Anticipated IPO in US




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Siemens Energy won't propose dividend for fiscal year 2024

In This Article: MUNICH (Reuters) - Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of obtaining project guarantees last year that are backed by the German government. A year ago, Berlin supported Siemens Energy with…




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Allianz Sees Profit At Top End of Forecast After Strong Quarter




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Just Eat Takeaway sells US unit Grubhub for $650 mln

Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million.




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Vietnam Airlines to request bids for 50 narrowbody jets next year

BANDAR SERI BEGAWAN, Brunei (Reuters) -- Vietnam Airlines will issue a request for proposal to aircraft manufacturers next year to purchase 50 narrowbody jets, its CEO said on Wednesday. The carrier last year signed a provisional deal with Boeing BA for 50 737 MAX planes that has yet to be…




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Japan is ramping up efforts to revive its once dominant chip industry

Japan has announced a new plan to revitalize the country's semiconductor and artificial intelligence industries as it works to regain its chip leadership. The proposal will provide support worth 10 trillion yen ($65 billion) or more by fiscal 2030, Prime Minister Shigeru Ishiba said earlier this…




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Just Eat Takeaway sells US unit Grubhub for $650 million

In This Article: (Reuters) - Europe's biggest meal delivery firm Just Eat Takeaway said on Wednesday it struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million. (Reporting by Michal Aleksandrowicz; Editing by Muralikumar Anantharaman)




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Mizuho Financial Group to buy 15% of Rakuten Card for $1 bln

Japan's Mizuho Financial Group will take a 15% stake in Rakuten Group subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies' strategic alliance, they said on Wednesday.




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Musk, Ramaswamy Picked for US Government Efficiency Effort




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New polls show growing support for Czechia’s populist Motorists party

The right-wing populist party Motorists for Themselves, part of the Patriots for Europe group, has made significant gains, according to new polling data published by the Median agency. According to a poll conducted for the Czech News Agency, the Motorists could win 6% of the vote in the upcoming…




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AltLayer unveils ‘Autonome,’ a platform to create and deploy autonomous AI agents

This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the…




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Australia plans to ban social media for under 16s — and experts have called it a ‘momentous step’

One expert says Australia is "on the verge of reclaiming childhood after it had been stolen for 15 years."




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Former Walmart Executive’s Startup Is Near Deal to Buy Grubhub




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JPL Workforce Update

JPL statement issued on Nov. 12, 2024: While we have taken various measures to meet our current FY’25 budget allocation, we have reached the difficult decision to reduce the JPL workforce through layoffs. This reduction affects approximately 325 of our colleagues, an impact of about 5% of our…




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Mizuho Financial Group to buy 15% of Rakuten Card for $1 billion

In This Article: TOKYO (Reuters) - Japan's Mizuho Financial Group will take a 15% stake in Rakuten Group subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies' strategic alliance, they said on Wednesday. The share transfer is planned for Dec. 1,…




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BT has left my 80-year-old dad without a landline for months

After hours of calls to BT, engineer no-shows, complaints raised and multiple promises, nothing has happened I am desperate to help my 80-year-old dad, JF, and his partner who have been left without a landline for more than two months by BT. This is especially difficult as my dad has relatives in…




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Ford is slashing the working hours of some of its German factory employees amid what it calls a 'significantly lower than expected' demand for its EVs

Ford is getting its workers in Cologne, Germany, to work fewer hours. The carmaker said a "lower than expected demand for electric vehicles" brought on the shift. The carmaker has more than 4,000 employees at its Cologne plant. Ford is slashing the work hours of its manufacturing plant workers in…




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YouTube is testing a new feature that will let a small group of creators use AI to “restyle” licensed songs for their Shorts through prompts

YouTube is testing a new feature that will let creators use AI to “restyle” licensed songs for their shorts. The small group of creators with access can enter a prompt to change up different elements in a song, such as its mood or genre, and the expansion of YouTube’s Dream Track AI feature will…




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How business owners can prepare for potential tariff hikes in 2025

President-elect Donald Trump has promised tariff hikes. Here's what experts say business owners should be doing now to prepare.




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SoftBank first to receive new Nvidia chips for supercomputer

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia (NASDAQ:NVDA)'s latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom. SoftBank (TYO:9984) Corp is also planning to use…




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SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for




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Trump win could be a double whammy for Hungary's economy

By Gergely Szakacs and Karin Strohecker BUDAPEST/LONDON (Reuters) - Donald Trump's victory may be a political boon for Hungarian leader Viktor Orban but on the economy, Trump is bad news for Hungary - adding to inflationary risks due to a weak forint and lower output due to possible tariffs on…




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Teraco Taps Absa for $442 Million Loan for AI-Ready Facility

In This Article: (Bloomberg) -- Teraco Data Environments Ltd. hired Absa Group Ltd. to syndicate an 8 billion rand ($442 million) loan as the company gears up for a new facility to meet rising demand from artificial intelligence applications. Most Read from Bloomberg The facility will push…




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China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus

The ARJ21, COMAC's first commercially available plane, was rebranded on Tuesday to the C909. Chen Xiao/VCG via Getty Images China's COMAC is rebranding its regional jet to the C909, keeping with the naming style of its newer C919. That might not get COMAC more C909 sales, but it markets the plane…




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Just Eat Takeaway announces that it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020

Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com…




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US Startup Buys Just Eat Takeaway’s Grubhub for $650 Million

In This Article: (Bloomberg) -- Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic. Most Read from…




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European markets head for higher open; U.S. inflation data in focus

European stocks are expected to open positive territory Wednesday, with global markets focused on upcoming U.S. inflation data. The U.K.'s FTSE 100 index is expected to open 36 points higher at 8,056, Germany's DAX up 38 points at 19,081, France's CAC up 11 points at 7,356 and Italy's FTSE MIB up…




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Israeli forces strike Oct. 7 attacker's cell in Gaza

The Israeli Defense Forces (IDF) said on Wednesday that it eliminated a militant cell member, Yasser Ghandi, in Gaza's Shejaiya area who allegedly participated in the October 7 attack in Israel that l...




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Swedish Fintech Klarna Files for Widely Expected IPO in US

Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing. Most Read from Bloomberg Klarna confidentially submitted a draft registration statement to the Securities and Exchange…




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Klarna files for a US IPO; analysts put Klarna's implied valuation at ~$14.6B in October 2024 after shareholder Chrysalis upped the value of its stake to $154M




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Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory

The EU is considering replacing Russian liquified natural gas imports with US shipments — a move that could hit President Vladimir Putin's war chest. Contributor/ Getty Images Trump's presidency may pressure Russia's oil and gas industry. The EU is thinking about replacing Russian LNG with US…




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Klarna files for IPO in the US

Swedish fintech ‘confidentially submitted’ documents to SEC




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Google DeepMind releases AlphaFold 3's source code and model weights for academic use, which could accelerate scientific discovery and drug development

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Google DeepMind has unexpectedly released the source code and model weights of AlphaFold 3 for academic use, marking a significant advance that could accelerate scientific…




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Trump Forms DOGE With Elon Musk And Vivek Ramaswamy At The Helm: Will It Impact Tesla CEO's Role At The EV Giant And SpaceX?

President-elect Donald Trump, on Tuesday, greenlit the formation of the Department of Government Efficiency or DOGE, the acronym which almost sounds like a parody of the cryptocurrency known as Dogecoin (CRYPTO: DOGE). As the department promises to restructure federal agencies and reduce…




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Hong Kong deputy to China’s legislature buys hotel for US$35 million, a 30% discount

Bunny Chan, who is a deputy to the National People’s Congress, and Paggy Chan, are the new owners of Twenty One Whitfield.




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Elon Musk to Lead New Government Department for Trump. Tesla Stock Should Be OK




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OCBC Has Enough Capital For M&A, Business Growth, CEO Says

Singapore’s Oversea-Chinese Banking Corp. has enough capital for business growth even as Chief Executive Officer Helen Wong signals her appetite for deals while keeping the bank’s dividend policy. Most Read from Bloomberg “We are well-capitalized,” Wong said Wednesday in an interview with Haslinda…




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Trump's return presents opportunities for China

Cao Xin is a senior researcher at The Charhar Institute, a Beijing-based think tank. I had the opportunity to observe the American presidential election on the morning of Nov. 6 (China time) at the U.S. embassy in Beijing. For China, the world's second-largest economy, Donald Trump's victory…





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Next Week on Xbox: New Games for June 24 to 28

The post Next Week on Xbox: New Games for June 24 to 28 appeared first on Xbox Wire.