VENTURE CAPITAL POST

Mexican billionaire Carlos Slim’s company, Grupo Carso SAB, announced that it was investing $1.2 billion to develop a vast gas field in the Gulf of Mexico.

The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.

Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.

The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.

Computer scientist, futurist, and artificial intelligence advocate Ray Kurzweil is optimistic that he will become one with the 'Singularity’ by his eventual death.

Local watchmaker Tsao Baltimore recently acquired a portion of scrap metal that was once the Francis Scott Key Bridge in an effort to keep its memory alive.

Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.

Sony announced that it would phase out recordable disc development and production after cutting up to 250 jobs at its optical media unit in northeastern Japan.

Walmart is set to hold its Deals sale from July 8 to 11, a week before Amazon’s Prime Day, and is expected to outmaneuver the Amazon event profit-wise as it is open for everyone.

The FTC’s rule to ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses has been blocked by the US District Court.

GSK said that it was reorganizing its cooperation with CureVac, including gaining control over various vaccines they were producing together, including COVID-19 and influenza vaccines.

Netflix is pushing through with its plan to phase out its $11.99 ad-free tier for its existing subscribers later in July.

A US District Court judge blocked the Mississippi state government from enforcing a new law requiring social media users to verify their ages and restrict access by minors to sites if they lack parental permission or consent.

The Australian eSafety Commissioner revealed that it gave the internet industry half a year to develop an enforceable code of conduct to prevent children from seeing pornographic content and other inappropriate material online.

The preliminary merger deal between National Amusements, Paramount Global, and Skydance Media appeared to have been reignited after abandoning it due to shareholder dispute.