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British Thames Water Creditors offer £3.35bn Rescue in Last-ditch Bid to Avoid Nationalization
Creditors to Thames Water have offered to inject 3.35 billion pounds ($4.43 billion) in fresh equity into Britain’s largest water utility, escalating efforts to...
Strategy’s STRC Achieves Extraordinary Trading Session with 7.3M Shares Traded
Strategy Inc. formerly known as MicroStrategy, ticker MSTR has shattered records with its STRC (Variable Rate Series A Perpetual Stretch Preferred Stock) program.
STRC achieved...
Meta Reportedly Weighs Layoffs of Up to 20% of Workforce as AI Spending Surge...
Meta Platforms is weighing sweeping layoffs that could affect 20% or more of its workforce as the social media giant attempts to manage the...
Google backs AI animation studio with $1m to improve kids’ content on YouTube as...
Google has invested $1 million in an animation startup developing artificial intelligence-powered children’s content, a move that underscores growing concern inside YouTube over the...
Tesla’s ‘Terafab’ AI Chip Project to Launch in Seven Days as Musk Eyes Vertical...
Tesla Chief Executive Elon Musk said the company’s long-discussed “Terafab” project aimed at producing artificial intelligence chips will launch within seven days, signaling a...