Alibaba to Sell Sun Art to Buyout Firm DCP for $1.6 Billion
(Bloomberg) -- Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity ...
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US Treasury Says It Was Breached by Chinese-Backed Hacker
(Bloomberg) -- The US Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according ...
Read moreDetailsAlibaba, E-Mart to Create $4 Billion E-Commerce JV in Korea
(Bloomberg) -- Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.’s ...
Read moreDetailsPlan to throttle foreign fossil fuel finance collapses at OECD, Bloomberg reports
(Reuters) - A plan discussed by wealthy nations to throttle tens of billions of dollars in public support for oil ...
Read moreDetailsSkydance Deal Sparks Studio Protest Over Paramount Chair Payout
(Bloomberg) -- Fuse Media, a Latino-owned entertainment company, has become the latest party to raise objections to the pending Skydance-Paramount ...
Read moreDetailsOpenAI CEO, Perplexity Give $1 Million to Trump’s Inaugural Fund
(Bloomberg) -- OpenAI’s top executive and AI search startup Perplexity are each donating $1 million to President-elect Donald Trump’s inaugural ...
Read moreDetailsGE Vernova to Power City-Sized Data Centers With Gas as AI Demand Soars
(Bloomberg) -- GE Vernova Inc. has signed multiple contracts to sell natural gas turbines for data centers that will use ...
Read moreDetailsAmazon Tests 15-Minute Delivery in India, Ramping Up Competition
(Bloomberg) -- Amazon.com Inc. will begin testing a rapid delivery service in India this month, marking the company’s determination to ...
Read moreDetailsMusk’s xAI Wraps Up $6 Billion in Funding in Latest Round
(Bloomberg) -- Elon Musk’s xAI has raised $6 billion in new capital, according to a regulatory filing, wrapping up a ...
Read moreDetailsIntel’s CEO Departure Opens Door to Fresh Deal Discussions
(Bloomberg) -- The abrupt departure of Intel Corp. Chief Executive Officer Pat Gelsinger offers a fresh opportunity for the troubled ...
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