Rumors of an acquisition cause Puma’s stock to rise by almost 19%
Puma, a German manufacturer of athletic apparel and footwear, had its stock rise by about 19% on Thursday due to...
As the Unilever spinoff approaches, Magnum Ice Cream raises $3.5 billion in bonds
Less than two weeks before the firm completes its spin-off from Unilever and lists in Amsterdam, Magnum Ice Cream reported...
China forbids the owner of TikTok from utilizing Nvidia chips
According to two company workers cited in The Information on Wednesday, Chinese regulators have prohibited ByteDance. The owner of TikTok,...
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...
A former Boeing executive is appointed by TikTok to lead US public policy
In an effort to complete a deal to split its U.S. assets from its parent company, TikTok said that it...
The US public sector will see a record investment from Amazon
In one of the biggest cloud infrastructure promises ever made to the public sector, Amazon announced on Monday that it...
Nokia intends to spend $4 billion in the US on artificial intelligence
In order to promote AI-powered network connectivity, the Finnish corporation Nokia announced plans to invest $4 billion in the US,...
Warner Bros. Discovery receives proposals from Paramount, Comcast, and Netflix
According to a person close with the situation, Warner Bros. Discovery has received first acquisition approaches from competitors Paramount Skydance,...
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...
Nvidia’s profits for the quarter increased by 65% to $31.91 billion
Driven by its data center business, US chipmaker Nvidia posted a profit of $31.91 billion in the third quarter of...