Universal Music Group shares surge following Bill Ackman’s bid
The largest record label in the world, Universal Music Group, which represents musicians like Taylor Swift and Kendrick Lamar. Had...
Investment
A report claims that Amazon is thinking about spending $50 billion in OpenAI
According to The Wall Street Journal, Amazon is in negotiations with OpenAI to invest $50 billion in the AI startup,...
AstraZeneca says it would invest $15 billion in China
British pharmaceutical company AstraZeneca said Thursday that it will invest $15 billion in China by 2030 to expand drug manufacturing...
To improve its data center infrastructure, Amazon plans to invest $15 billion in Indiana
The tech giant revealed that it intends to spend up to $15 billion in northern Indiana to construct data center...
Amazon plans to spend $3 billion on a Mississippi data center campus
In order to construct a new data center campus that would support cloud computing and artificial intelligence technologies. Amazon has...
Skydance closes merger with Paramount for $8 billion
CEO David Ellison announced on Thursday that Skydance Media has finalized its $8 billion acquisition of Paramount Pictures. This deal...
Sheinbaum: Walmart confirms its planned investment in Mexico
President Claudia Sheinbaum declared that Walmart has confirmed its investments in the country and its desire to participate in ‘Plan...
CapitalG and Nvidia are in talks about investing in Vast Data, potentially leading to a valuation of $30 billion
CapitalG, Alphabet's growth-stage venture capital arm, and Nvidia are in talks to invest in artificial intelligence infrastructure provider Vast Data...
The United Arab Emirates is interested in making investments in Mexican ports, data centers, and mining
The United Arab Emirates' Minister of Foreign Affairs, Abdullah bin Zayed Al Nahyan, confirmed that interest in investing in constructing...
In a $1 billion transaction, E.l.f. Beauty will purchase Hailey Bieber’s skincare line Rhode
As the cosmetics company looks to further expand into skincare, E.l.f. Beauty announced on Wednesday that it would buy Hailey...
