Elon Musk recently arrived in Bali to inaugurate the Starlink satellite internet service, aiming to provide reliable internet access to Indonesia's remote areas.
Deals
China Evergrande EV Shares Surge as Liquidators Sell Stake for Major Shareholders
China Evergrande New Energy Vehicle Group's stock price doubled when trading restarted on Monday, May 27.
Walmart Ends Credit Card Deal with Capital One Over Processing Delays
Walmart has ended its partnership with Capital One, the issuer of its consumer credit cards, following a legal dispute over service delays, with existing cardholders unaffected and a search for a new banking partner underway.
DuPont Splits Into 3 Public Businesses, Appoints New CEO
DuPont announced that it was splitting itself into three companies in the span of 18 to 24 months, with its electronics and water businesses becoming its own separate entity.
Vivek Ramaswamy Buys 7.7% Stake in BuzzFeed, Leading to 20% Share Price Surge
Former GOP presidential candidate Vivek Ramaswamy, a potential Trump running mate, acquired a 7.7% stake in BuzzFeed, causing the company's shares to surge by 20%.
Latest News
OpenAI's partnership with Reddit allows access to real-time content, enhancing ChatGPT and future products with platform discussions.
Warren Buffet’s company Berkshire Hathaway divulged that it has recently made a $7 billion investment in Swiss insurer Chubb.
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
Czech billionaire Daniel Křetínský's £3.5 billion bid for Royal Mail gains momentum, sparking political tensions over foreign ownership concerns.
Celebrated Singapore-based bag brand Aupen, endorsed by celebrities like Taylor Swift, attracts investor interest from major European fashion conglomerates, H&M Group and Prada Group.
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero.
Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction. A sign is posted in front of a Red Lobster restaurant on May 16, 2014 in San Bruno, California.
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
