Meta finalizes investment in Scale AI, valuing startup at $29 billion
Meta Platforms has finalized an investment in Scale AI that values the startup at over...
Business
China affirms trade deal with US, says it always keeps its word
BEIJING: China on Thursday (Jun 12) affirmed a trade deal announced by US President Donald...
Societe Generale to launch dollar-pegged stablecoin
PARIS :French bank Societe Generale will launch a dollar-backed stablecoin via its crypto subsidiary SG-FORGE,...
Meta’s Zuckerberg hiring for new ‘superintelligence’ AI team, Bloomberg News reports
Mark Zuckerberg, the billionaire CEO of Meta Platforms is setting up a team of experts...
China exports slow as trade war takes toll
BEIJING: Chinese exports grew at a slower pace than expected in May, according to official...
Japan trade negotiator says progress made in US tariff talks
The tariffs are “causing daily losses to Japan’s economy”, said Japanese trade negotiator Ryosei Akazawa...
Tesla shares rebound as Musk–Trump row shows signs of cooling
Tesla shares clawed back from steep losses on Friday, as a war of words between...
Taiwan’s Pegatron says it is in final stage of evaluating US factory plan
TAIPEI :Key Apple and Dell supplier Pegatron is in the final stage of evaluating its...
Nokia, Nvidia, defence firms back EU-funded drone infrastructure oversight project
A consortium of more than 42 organizations, led by Nokia, will work on an unmanned...
US court blocks most Trump tariffs, says president exceeded his authority
NEW YORK: A US trade court blocked President Donald Trump’s tariffs from going into effect...