Samuel Nwite
AUTHOR: Samuel Nwite
U.S. SEC Guidance Clears a New Path for Debt-Fueled AI Data Center Expansion
The financing of the artificial intelligence boom is moving into a new phase, with Wall Street increasingly treating data centers and the computing capacity...
Japan Economy Slows in Second Quarter, GDP Expanded At An Annualized 1.1% Pace
Japan's economy grew more slowly than expected in the second quarter as weaker domestic demand offset strong exports, underscoring the pressure that higher energy...
Hollywood Trade Group Strikes First AI Copyright Agreement With ByteDance
The Motion Picture Association has reached its first formal agreement with an artificial intelligence company, ByteDance, saying it has strengthened copyright protections in its...
Prediction Markets Still See Paramount as Likely Winner in Warner Bros. Takeover Battle
Prediction-market traders still see Paramount Skydance as the more likely winner in its bid to acquire Warner Bros. Discovery, but the legal challenge from...
Shein’s Hong Kong IPO Valuation Slumps to About $25 Billion as Growth Weakens
Online fast-fashion retailer Shein is considering a valuation of about $25 billion for its planned Hong Kong initial public offering, a dramatic reduction from...