T-Rex files for leveraged SpaceX, Anthropic ETFs ahead of anticipated IPOs
PROVIDENCE, Rhode Island, March 26 : REX Shares and Tuttle Capital Management plan to launch 2x leveraged exchange-traded funds tied to yet-to-be-issued publicly traded common stock of SpaceX and Anthropic, according to regulatory filings, as the two firms try to piggyback on what are expected to be ...
Nasdaq Composite confirms correction amid war uncertainty; worries about tech stocks in focus
Investors are wondering whether the downturn is a temporary dip or not
Nasdaq Composite confirms correction as war worries weigh
Investors are wondering whether the downturn is a temporary dip or not
Trump extends pause on strikes against Iran’s energy sites to April 6
The US president has faced questions on the duration of the war effort
Trump extends energy-attack ceasefire, claiming Iran request
The US president has faced questions on the duration of the war effort
Oil settles up nearly 6% as investors fear further Middle East escalation
Trading volume for the front-month Brent contract was the lowest since Feb 27
Commentary: Gold is seen as a ‘safe haven’ in uncertain times. Why is it crashing amid a war?
Over the past few months of geopolitical chaos and market panic, gold has moved more like a roller coaster than a steady ship at anchor, says a finance professor.
European shares snap win streak as Middle East conflict fans inflation worries
EUROPEAN shares ended a three-day winning streak on Thursday as hopes of an imminent de-escalation in the Middle East conflict faded, prompting...
Netflix raises subscription prices across all plans in US
March 26 : Netflix has increased prices on all its plans in the U.S., as the streaming giant pushes into new programming formats such as video podcasts and live sporting events.The company's ad-supported tier will now cost $8.99 a month, compared with $7.99 earlier, while prices for its standar ...
EU reaches deal to fine online platforms importing products deemed unsafe
PARIS, March 26 : The European Union has reached an informal agreement to fine online platforms importing unsafe products, in a move which it said was aimed at tackling cheap and possibly unsafe Chinese goods entering the EU via platforms such as Temu and Shein.The European Parliament and EU Council ...
New Mexico lays out options to force changes at Meta after court win
NEW YORK, March 26 - Talk about regulating social media to make it safer for children often gravitates around the U.S. Capitol and the EU headquarters in Brussels. But following a New Mexico jury verdict, a district court in Santa Fe carries some heft, too.On Tuesday, a jury found Meta liable for vi ...
Stressed US grid forcing data centers to get more flexible
NEW YORK, March 26 : The U.S. technology industry is being pushed to shrink its power use in times of high demand, amid growing public concern that Big Tech's massive electricity needs for its expansion of data centers are maxing out the country's grid.The power industry and its regulators ...
Meta boosts Texas AI data center investment to $10 billion
March 26 : Meta said on Thursday it is increasing investment in its El Paso, Texas AI data center to $10 billion, a more than sixfold jump, as it aims to hit 1-gigawatt capacity ahead of the facility's projected opening in 2028.The social media giant in October had committed an investment of $1 ...
Apple plans to open Siri to rival AI services, Bloomberg News reports
March 26 : Apple plans to open its Siri voice assistant to rival artificial intelligence services beyond its current partnership with ChatGPT, Bloomberg News reported on Thursday, citing people familiar with the matter.The move, expected as part of Apple's iOS 27 update, would allow third-party ...
When a sperm whale gives birth, the mother gets help from her friends
March 26 : When a mother sperm whale gives birth, it is a remarkable team effort. Marine biologists have documented how multiple adult female sperm whales surrounded the mother as the whale gave birth, then collectively hoisted the calf out of the water as the newborn took its first breaths.With obs ...
Microsoft freezes hiring in major cloud, sales groups, The Information reports
March 26 : Microsoft executives have in recent weeks told managers at major divisions, including its cloud unit and North American sales groups, to suspend new hiring, The Information reported on Thursday, citing three employees with direct knowledge of the decision.
Analysis:Trump officials tout US energy dominance as global oil execs warn of supply crisis
HOUSTON, March 26 : U.S. officials this week said the historic spike in fuel prices during the war in Iran will be short-term and trumpeted record U.S. production at an industry conference where oil executives and government officials from Asia, the Middle East and Europe bemoaned the worst oil and ...
Musk urges judge to review Twitter verdict, accuses jury of 'mocking' him
March 26 : A lawyer for Elon Musk urged a federal judge to review a recent jury verdict finding that Musk defrauded Twitter investors when buying the social media company, saying jurors improperly used the verdict to "send a message" by finding him liable.In a letter filed on Thursday in S ...
Musk urges judge to review Twitter verdict, questions jury's integrity
March 26 : A lawyer for Elon Musk urged a federal judge to review a recent jury verdict finding that Musk defrauded Twitter investors when buying the social media company, saying jurors improperly used the verdict to "send a message" by finding him liable.In a letter filed on Thursday in S ...
Stryker says manufacturing mostly restored after cyberattack
March 26 : Medical device maker Stryker said on Thursday its operations were steadily improving towards full capacity, after a cyberattack caused widespread disruption to its business.Shares of Stryker climbed 2 per cent after the company said its manufacturing capability was quickly ramping with mo ...
Meta shares slip after US jury verdicts raise concerns of new legal exposure
March 26 : Meta Platforms shares dropped 7 per cent on Thursday after two verdicts holding it liable for harm to young users sparked fears the social media giant may have to overhaul the design practices that have underpinned its sprawling advertising business.While fines from the U.S. trials in New ...
Dutch court rules against Grok over AI-generated 'undressing' images in rare legal rebuke
AMSTERDAM, March 26 : A Dutch court on Thursday ordered Elon Musk's xAI and chatbot Grok not to generate and distribute images "undressing" adults or children, or showing them in sexualised poses with scant or no clothing, without their consent in the Netherlands.The Amsterdam Court&# ...
Dutch court orders xAI, Grok not to create, distribute non-consensual sex images in Netherlands
AMSTERDAM, March 26 : A Dutch court on Thursday ordered Elon Musk's xAI and chatbot Grok not to generate and distribute sexualized images of people without their consent in the Netherlands.The decision in a civil suit is one of the first times a judge has weighed in on xAI's responsibility ...
Judge dismisses lawsuit by Musk's X Corp accusing advertisers of illegal boycott
WASHINGTON, March 26 : A U.S. judge on Thursday dismissed X Corp's antitrust lawsuit that accused the World Federation of Advertisers and major companies including Mars, CVS Health and Colgate-Palmolive of illegally boycotting billionaire entrepreneur Elon Musk’s social media company.U.S. Dis ...
Dollar rises as US-Iran divide dashes de-escalation hopes
NEW YORK, March 26 : The dollar climbed against major currencies on Thursday, as signs that the U.S. and Iran remain far apart on a peace deal dashed hopes of Middle East de-escalation, revived the risk of a prolonged energy shock and boosted safe-haven demand.An Iranian official said a U.S. proposa ...
Dollar firms as fading Middle East ceasefire hopes lift safe-haven demand
NEW YORK/LONDON, March 26 : The dollar held firm against major currencies on Thursday, as fading hopes of Middle East de-escalation revived the risk of a prolonged energy shock and boosted safe-haven demand.New U.S. jobless claims edged higher last week, signaling a still-stable labor market and giv ...
Intel's Core Ultra Series 3 processors to help bring AI 'to the edge'
The Edge Singapore - Intel has announced the availability of a new range of laptops from various PC brands powered by the its new Core Ultra Series 3 range of processors first introduced at CES in January. Top-tier Intel Core Ultra Series 3 processors feature up to 16 CPU cores and 12 Xe-cores, delivering up to 60% fast ...
GlobalFoundries files patent infringement lawsuits against Tower Semiconductor
SAN FRANCISCO, March 26 : GlobalFoundries on Thursday said it has sued Israel-based rival Tower Semiconductor, alleging that Tower Semiconductor infringed on 11 GlobalFoundries patents that relate to manufacturing chips that go into smart phones and other electronic devices.GlobalFoundries said it h ...
Wall St opens lower as Mideast de-escalation uncertainty weighs
[NEW YORK] Wall Street’s main indexes opened lower open on Thursday (Mar 26) following gains in the previous session, as caution prevailed...
Defense technology startup Shield AI valued at $12.7 billion in latest funding round
March 26 : Shield AI is raising $2 billion in a new funding round at a $12.7 billion valuation, as the defense technology startup looks to expand its artificial intelligence-powered software amid growing use of autonomous tools during conflicts.The startup said on Thursday the Series G round was led ...
Guocoland’s Malaysian unit to table proposed privatisation to disinterested shareholders at EGM
Chloe Lim - The RM1.10 offer price is a 17.7% premium to its last-traded share price of RM0.935 on Jan 30
Russian farmers complain of mobile internet shutdowns amid spring planting
MOSCOW, March 26 : Russian government measures to shut down mobile internet across the country because of Ukrainian drone attacks are affecting fieldwork during the planting season, a major farming lobby said on Thursday.The government requires farmers to log the amount of seed they have for plantin ...
European Payments Initiative CEO says Trump fears are boosting its appeal
PARIS, March 26 : Fears that President Donald Trump's administration could limit Europe's access to U.S. payments infrastructure are boosting regional adoption of a competing European payment platform, the CEO of the European Payments Initiative (EPI) told Reuters.The Brussels-based compan ...
Apple adds Bosch, Cirrus Logic, others to US manufacturing program, to invest $400 million
March 26 : Apple said it was adding Bosch, Cirrus Logic, TDK and Qnity Electronics to its American Manufacturing Program, with plans to invest $400 million through 2030 to expand U.S.-based production of key components.The move comes as companies increasingly shift manufacturing and critical supply ...
