Databricks raises $4B at $134B valuation as AI bets surge
Databricks said on Tuesday that it has raised more than $4 billion at a valuation of $134 billion, the latest example of investors betting big on companies benefiting from the…
California regulator puts Tesla sales suspension order on hold
A California regulator has deferred an order for Tesla to suspend sales in its biggest U.S. market, giving the electric vehicle maker more time to address its accusation of misleading…
Spirit Airlines in talks to merge with Frontier, report says
Bankrupt Spirit Aviation Holdings is in discussions to merge with Frontier Group Holdings, Bloomberg News reported on Tuesday, citing people familiar with the matter. Spirit has long pursued a merger…
Global coal demand hits record in 2025, set to fall by 2030: IEA
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation,…
Dollar edges up as soft US jobs data fuels Fed rate cut bets
The U.S. dollar inched away from its lowest level since the start of October on Wednesday after data showed the labour market remained soft, leaving investors on edge about when…
Japan Exports to U.S. Rise After 8 Months, Easing Tariff Impact
Japan's exports to the U.S. rebounded for the first time in eight months in November, in a sign of easing pain from U.S. tariffs, government data showed on Wednesday, bolstering…
Amazon in talks to invest in OpenAI at over $500 billion valuation
Amazon.com Inc is in talks to invest in ChatGPT-maker OpenAI in a potential deal that could value the artificial intelligence firm at more than $500 billion, a source familiar with…
Privacy group alleges TikTok tracked Grindr activity via third-party data
A privacy advocacy group, noyb, filed complaints to Austria's data protection authority on Wednesday against TikTok, Grindr and AppsFlyer, alleging these companies breached regional privacy laws, risking exposure of sensitive…
Trump orders blockade of sanctioned oil tankers to and from Venezuela
U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting…
Warner Bros Discovery Board Likely to Reject Paramount Skydance’s $108.4B Takeover Bid
Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the…