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Thoma Bravo acquires Coupa Software for $8B

Dec 13, 2022 08:04 am UTC| Business Economy

Thoma Bravo LP said in an announcement that was released on Monday, Dec. 12, that it has agreed to buy Coupa Software for $8 billion. The acquisition deal will be paid in cash, and the American private equity and growth...

Rivian withdraws EV business deal with Mercedes-Benz

Dec 13, 2022 08:02 am UTC| Business Economy

Rivian, an American electric vehicle manufacturer and automotive technology company announced its joint venture partnership with Mercedes-Benz to build electric vans in Europe in September. However, just three months after...

New Nike Kevin Durant shoes pay tribute to New York artist Timothy Goodman

Dec 13, 2022 07:13 am UTC| Sports Life Economy Business

Brooklyn Nets forward Kevin Durants newest Nike shoes designed in collaboration with Timothy Goodman was inspired by the 1980s and pay homage to New York City. The Nike KD 15 Timothy Goodman colorway is a performance...

Hyundai Motor to supply German truck company Enginius with hydrogen fuel-cell systems

Dec 13, 2022 07:04 am UTC| Nature Economy Business

Hyundai Motor Group inked a three-year deal to supply 1,100 hydrogen fuel-cell systems to Enginius, a German environment-friendly vehicle maker and a subsidiary of German carmaker Faun Group. Faun Group plans to begin...

Twitter relaunches Twitter Blue service at higher price

Dec 12, 2022 10:22 am UTC| Business Economy

Twitter is finally relaunching its paid subscription service called Twitter Blue. Based on the reports, it will be available again starting Monday, Dec. 12. However, as Twitter Blue returns, Apple users will have to pay...

Riot Games sues NetEase alleging ‘Hyper Front’ is a copy of ‘Valorant’

Dec 12, 2022 10:22 am UTC| Technology Business

Riot Games has filed a copyright infringement lawsuit against the Chinese tech giant and video games publisher NetEase. The former claims that its recently launched mobile game Hyper Front copies several aspects of its PC...

Digital Currency Revolution

Cryptocurrency: The Block crypto media secretly received funds from Sam Bankman-Fried’s Alameda Research, CEO resigns

Dec 12, 2022 09:55 am UTC| Business Economy

The Block, a crypto media site, and its chief executive officer, Michael McCaffrey, were revealed to have received funds from Sam Bankman-Frieds Alameda Research crypto trading company. However, the funding was said to...

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Economy

U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets

Geopolitical tensions between the United States and Iran continue to intensify, significantly impacting global energy markets and international diplomacy. U.S. naval forces recently intercepted a sanctioned vessel, the M/V...

Canadian Dollar Outlook: Resilient Performance Driven by Oil Prices and Market Dynamics

The Canadian dollar (CAD) has demonstrated notable resilience among G10 currencies in recent weeks, even as domestic economic data shows signs of softness. According to Goldman Sachs, this strength comes despite...

U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise

Hopes for a diplomatic breakthrough in the ongoing U.S.-Israel conflict with Iran have faded as negotiations remain stalled, prolonging uncertainty in global markets and geopolitics. Efforts to end the two-month conflict...

U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases

The U.S. Treasury Department has imposed new sanctions on Hengli Petrochemical (Dalian) Refinery Co., a major Chinese independent refinery, over its large-scale purchases of Iranian crude oil and petroleum products. The...

US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market

The U.S. dollar edged lower on Friday as global investors shifted toward riskier assets, encouraged by renewed diplomatic signals between the United States and Iran. This movement in the forex market reflects growing...

Politics

Starmer Faces Political Pressure as Mandelson Appointment Controversy Impacts UK Markets

UK Prime Minister Keir Starmer has taken a firm stance amid growing backlash over his controversial decision to appoint Peter Mandelson as U.S. ambassador. Despite increasing political pressure and calls for resignation,...

White House Correspondents’ Dinner Shooting Raises New Security Concerns for U.S. Leaders

A shooting incident during the White House Correspondents Association dinner on Saturday night has reignited concerns about the safety and security of Americas top political figures amid rising political violence. The...

Taiwan Minister Visits Eswatini Amid Airspace Dispute and China Pressure Claims

Taiwans Foreign Minister Lin Chia-lung has arrived in Eswatini, reaffirming Taipeis determination to expand its global presence despite alleged interference from China. His visit comes shortly after Taiwan accused Beijing...

Russian Drone and Missile Strikes Devastate Dnipro, Killing 10 and Injuring Dozens

Russian forces launched a series of intense drone and missile attacks on the southeastern Ukrainian city of Dnipro, killing at least 10 people and injuring dozens in one of the most prolonged assaults in recent months. The...

Ukraine Marks 40 Years Since Chornobyl Disaster Amid Ongoing War Risks

Ukraine is commemorating the 40th anniversary of the Chornobyl nuclear disaster under the shadow of continued conflict with Russia, raising fresh concerns about nuclear safety in the region. The 1986 explosion at reactor...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...

Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...