Cemex sold its operations in Panama to Grupo Estrella for $200 million
Cemex, the giant cement company, has sold its operations in Panama to Grupo Estrella for $200 million as part of...
OpenAI gets a valuation of $500 billion after selling shares to SoftBank and others
OpenAI, the business behind ChatGPT, was valued at $500 billion after current and former workers sold shares worth around $6.6...
Fitch raises Pemex rating
Fitch Ratings raised Pemex's long-term debt rating from 'BB' to 'BB+', citing a stable outlook. The agency ascribed the upgrade...
Apple halts the Vision Pro review to focus on smart glasses
Apple halted a planned overhaul of its Vision Pro mixed reality headset to redirect resources toward smart glasses that would...
Tariffs on Chinese cars will boost sales of vehicles manufactured in Mexico
Claudia Sheinbaum Pardo's government's tariffs on cars from China, South Korea, India, and Thailand are expected to stimulate sales of...
CoreWeave secures $14 billion AI infrastructure pact with Meta
CoreWeave struck a $14 billion contract with Meta to deliver computing capacity, the latest multibillion-dollar transaction as businesses extend their...
The NBA and Amazon collaborate on cloud-based AI services
The National Basketball Association (NBA) in the US and Amazon Web Services, the company's cloud division, launched a multi-year agreement...
Prada gets the green light to buy Versace and create a new Italian luxury giant
The European Union approved the acquisition of Versace by Prada, another Italian company, on Tuesday after determining that there are...
A ChatGTP feature that would enable users to make purchases is introduced by OpenAI
In collaboration with Etsy and Shopify, OpenAI unveiled a functionality that will enable users to make purchases via ChatGPT. Although...
Electronic Arts is negotiating a $50 billion valuation to go private
According to people familiar with the situation, Electronic Arts, the company that publishes computer games like "FC" and "Battlefield," is...