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22Jan

Walmart to cut PhonePe stake by 12% in IPO, Tiger Global and Microsoft to exit

Walmart will trim its stake in PhonePe by ‌about 12% in the Indian payments firm's much-anticipated initial public offering, while Tiger Global and Microsoft plan to exit their stakes, according…

22Jan

Volvo Cars unveils its EX60 electric SUV

Stockholm: Volvo Cars said on Wednesday that its new electric mid-sized SUV, the EX60, will have a similar price tag to the plug-in hybrid version of the same model, as…

22Jan

BitGo IPO Raises $212.8M, Becomes First Crypto Stock Debut of 2026

Crypto custody startup BitGo Holdings priced its U.S. initial public offering above its indicated range on Wednesday, raising $212.8 million and paving the way for the first stock market ‌debut…

22Jan

Ubisoft to split into five creative divisions in major reorganisation, revises outlook

French video game publisher Ubisoft will undergo a reorganisation, splitting the company into five creative divisions, it said on Wednesday, while also revising its financial outlook. The revamp, set to…

22Jan

Gates Foundation, OpenAI launch $50M AI push to strengthen African health systems

Davos, Switzerland: The Gates Foundation and OpenAI are setting up a $50 million partnership to help several African countries use artificial intelligence to improve their health systems and mitigate the…

22Jan

Bristol Myers Squibb partners with Microsoft to speed up lung cancer detection using AI

Bristol Myers Squibb said on Tuesday it had signed an agreement with Microsoft to use the tech company's AI-enabled radiology platform to help speed up early detection of lung cancer.…

22Jan

Tesla denies reports of job cuts at Berlin Gigafactory, says production steady

Berlin: Tesla has no plans to curb production or cut staff at its gigafactory outside Berlin, the company said on Wednesday, denying a media report that its workforce there had…

22Jan

NVIDIA CEO Jensen Huang to Visit China to Revive AI Chip Market, Bloomberg reports

Nvidia CEO Jensen Huang plans to travel to China in late January as he seeks to reopen a critical market for the company's artificial intelligence chips, Bloomberg News reported on…

21Jan

Big Tech on Trial: How Regulation Became the Real Market Force

Once upon a time, the biggest threat to large technology companies was competition. A better product. A faster rival. A platform shift. In today’s business atmosphere, that threat looks different.…

21Jan

L’Oréal to invest $383 million in Indian beauty tech hub

French cosmetics giant L’Oréal said on Wednesday it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion…

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