
SpaceX Bankers Prepare for Potential $20 Billion Bond Offering
SpaceX's bankers are reportedly preparing to meet investors as early as next week to discuss a bond offering of at least $20 billion, as the company seeks funding for ambitious projects.
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SpaceX's bankers are reportedly preparing to meet investors as early as next week to discuss a bond offering of at least $20 billion, as the company seeks funding for ambitious projects.

Roku's stock surged to a four-year high following reports that the company is exploring strategic options, including potential sale talks with a U.S. media company. The news has led to significant investor interest and speculation about Roku's future.
Bloomberg News reports that China is preparing a $295 billion plan to fund a nationwide artificial intelligence infrastructure buildout.

SpaceX is reportedly planning a record-setting initial public offering (IPO) at $135 per share, aiming for a $1.75 trillion valuation, with investors actively acquiring shares. Analysts are also highlighting key risks associated with the potential IPO.
Yum! Brands is reportedly in exclusive discussions to sell its Pizza Hut division to investment firm LongRange Capital, according to recent reports from Bloomberg News and Reuters.
Apollo and Blackstone are reportedly working on a $36 billion debt deal to finance Anthropic's acquisition of Google chips. This significant financing effort aims to support the AI company's operational needs.

Qualcomm has reportedly struck a deal with ByteDance, the owner of TikTok, to supply AI chips. This agreement is expected to boost Qualcomm's presence in the artificial intelligence market.
Lantheus Holdings, a radiopharmaceutical company, is reportedly considering a potential $7 billion sale following an offer from Curium Pharma, according to a Bloomberg News report.
The founders of China's Manus are reportedly seeking to raise $1 billion to unwind Meta's takeover of their company. This move aims to reverse the acquisition.

Fintech company Mercury has secured $200 million in its latest funding round, pushing its valuation to $5.2 billion. The firm aims to leverage this capital to further support AI startups and expand its services.
The U.S. Securities and Exchange Commission (SEC) is reportedly preparing a plan that would allow for the trading of crypto versions of traditional stocks.
SpaceX shareholders have reportedly given their approval for a 5-for-1 stock split, as reported by Bloomberg News.
Arm Holdings is reportedly facing a US antitrust probe concerning its chip technology, according to Bloomberg News.

OpenAI is reportedly exploring legal options against Apple regarding their recent partnership to integrate AI features, including Siri, into Apple devices. The potential legal action stems from a strained relationship between the two companies over the terms of their collaboration.
China wants Strait of Hormuz open free of curbs, USTR Greer tells Bloomberg News Reuters

Microsoft's planned data center project in Kenya is reportedly facing significant delays due to unresolved payment demands. This issue is hindering the progress of the major infrastructure development in Africa.
Microsoft's plans for an African data center are reportedly faltering due to payment demands, while Utah's governor has made it more difficult for Kevin O'Leary to build his data center in the state. These developments highlight challenges in data center expansion projects.
SoftBank has reportedly reduced its target for a margin loan to OpenAI by 40%, bringing the new figure to $6 billion. This decision comes amid growing doubts and scrutiny regarding the valuation of the artificial intelligence company.

A UK border official and a former Hong Kong police officer have been convicted of assisting a Chinese spy agency in Britain. This marks the first time in British history that individuals have been found guilty of spying for China.
Microsoft is reportedly considering delaying or withdrawing from its 2030 clean energy goal, as the rapidly increasing energy consumption associated with its artificial intelligence infrastructure poses a significant challenge, according to Bloomberg News.

Meta has reportedly tapped Morgan Stanley and JPMorgan to arrange $13 billion in financing for a new AI data center project in El Paso, Texas. This deal involves raising funds through a special purpose vehicle.
AI startup Anthropic is reportedly seeking a new funding round that could push its valuation beyond $900 billion. This potential investment highlights the intense interest and high stakes in the artificial intelligence sector.
Bill Ackman's hedge fund, Pershing Square, is reportedly expected to raise approximately $5 billion through its upcoming initial public offering. This significant IPO aims to expand the firm's capital.
Bloomberg News reports that China plans to curb US investment in its technology companies, signaling potential new restrictions in the tech sector.
SoftBank is reportedly seeking a $10 billion margin loan, which would be backed by its shares in OpenAI. This move comes as the company looks to leverage its investments.
Deutsche Telekom and T-Mobile US are reportedly in early talks to explore a potential mega-merger that could create the world's largest telecommunications company. This potential deal is being discussed as possibly the biggest M&A transaction in history.
Deutsche Telekom is reportedly exploring a potential merger with T-Mobile, according to Bloomberg News.
Citadel Securities has presented a proposal to the Securities and Exchange Commission (SEC) for a pilot program involving lower tick sizes.
Elon Musk's staff has reportedly contacted various suppliers, including Applied Materials, Tokyo Electron, and Lam Research, to accelerate his new Terafab chipmaking project. Musk is urging suppliers to move at "light speed" to support this ambitious plan.
Deutsche Boerse, the German stock exchange operator, has acquired a $200 million stake in the cryptocurrency exchange Kraken. This investment represents a 1.5% share in the crypto giant.

Ukrajina i Rusija napreduju prema potencijalnom sporazumu o okončanju rata, objavio je Bloomberg News, citirajući šefa kabineta ukrajinskog predsjednika Volodimira Zelenskog.
PIMCO is reportedly weighing a $14 billion debt deal to finance Oracle's data center in Michigan, according to Bloomberg News.
A Russian Baltic port has reportedly resumed crude oil loading operations after experiencing recent attacks, according to Bloomberg News.

Coinbase has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, as confirmed by Bloomberg News, with the company clarifying it is not launching a full bank but bolstering its stablecoin business.
Oracle (ORCL) has begun cutting thousands of jobs as its data center expenses climb, with reports from Bloomberg News and CNBC confirming the anticipated layoffs are hitting thousands of employees as the company's spending on AI infrastructure soars.
Bloomberg News reports that Citigroup is weighing the possibility of acquiring a US regional bank, a move that could reshape the banking landscape.

A new report suggests that Apple may preview a significantly revamped version of its virtual assistant, Siri, at its Worldwide Developers Conference (WWDC) in 2026, as part of the company's broader push into artificial intelligence, potentially opening Siri to third-party AI assistants such as Gemini and Claude in iOS 27.
KKR-backed OHB is reportedly tapping banks to facilitate a share sale, according to Bloomberg News.
OpenAI's nonprofit division has appointed new leaders and announced plans to spend at least $1 billion over the next year to further its mission.

DirecTV and eight state attorneys general have filed antitrust lawsuits to block the proposed $6.2 billion merger between Nexstar and Tegna, citing concerns over pay-TV prices and jobs, with state officials calling the merger illegal, even after President Donald Trump endorsed it in February.
HSBC is reportedly weighing deep job cuts as part of an ongoing overhaul that incorporates artificial intelligence, according to Bloomberg News.
Elevator and escalator giant Kone is reportedly in discussions to acquire its competitor, TK Elevator, according to Bloomberg News, potentially consolidating the industry.
Bloomberg News reports that Amazon is planning to shift its annual Prime Day shopping event from July to June. This potential change could impact financial reporting and consumer spending trends, aiming to avoid clashes with competitor sales and capitalize on back-to-school shopping.

According to an investigation by the Bloomberg news organisation, Mojtaba Khamenei, the son of late Iranian supreme leader Ali Khamenei who has been appointed as the new head of the Islamic republic, has amassed wealth estimated at more than $100 billion. Money from oil sales has been channelled into investments in luxury British real estate, hotels in Europe and property in Dubai.
The new contract is not related to the ongoing US-Israeli air strikes on Iran, with deliveries not scheduled to start for 36 months, Bloomberg News reported earlier.
MFS creditors claim $1.8 billion shortfall, Bloomberg News reports TradingView
Airbus is collaborating with Germany's Rheinmetall and OHB to develop military satellites, according to a Bloomberg News report.
Oracle and OpenAI have reportedly dropped their plans to expand data center operations in Texas, according to Bloomberg News.
SoftBank is reportedly seeking a loan of up to $40 billion to finance its investment in OpenAI, according to a Bloomberg News report.
Oracle is reportedly planning thousands of job cuts as it faces financial strain from a significant expansion into AI data centers, according to Bloomberg News.
Oracle is reportedly planning thousands of job cuts as its data center costs continue to rise.
NASA is reportedly set to collaborate with United Launch Alliance (UAL) for a crucial component of its moon rocket, according to Bloomberg News.

US Chemical Companies "Net Beneficiaries" Of Middle East Energy Disruption Crisis Bloomberg News headlines indicate that Iraq has begun shutting down oil output at Rumaila, the world's…
Marc Rowan PATRICK T. FALLON/AFP via Getty Images Apollo chief Marc Rowan said that he expects a "shakeout" in private markets. Global instability and technological change will separate a "good risk manager" from the rest, he said. The comments come amid growing concern over risks in private credit investments. Even one of private credit's biggest proponents is warning of a potential industry "shakeout." Marc Rowan, CEO of private credit giant Apollo Global Management, told Bloomberg News e...
Elon Musk's X, xAI plan to repay $17.5 billion in debt in full, Bloomberg News reports Reuters

A new AtlasIntel survey for Bloomberg News indicates that Brazil's President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro are virtually tied in a simulated second-round vote for the upcoming October election.
BlackRock's GIP, EQT close to acquiring AES Corp, Bloomberg News reports Reuters

Poland's Minister of Education announced plans to ban social media for children under 15, citing concerns about the mental health and intellectual competence of young people.
Stellantis posts 20 billion euro second-half loss after 'over-estimating' EV transition Reuters
Bloomberg News reports that Stripe is exploring the possibility of acquiring all or parts of PayPal, potentially reshaping the digital payments landscape.

Citi is reportedly selling an additional stake in its Mexican unit, Banamex, with General Atlantic and Blackstone's funds among the potential buyers, as the New York bank moves closer to exiting the business.
Following a decline in its stock value, PayPal is reportedly attracting takeover interest, according to Bloomberg News.
A Securities and Exchange Commission (SEC) probe concerning AppLovin remains active, according to a Bloomberg News report.

NY Gov. Kathy Hochul Kills Plan To Allow Robotaxi Operations Outside NYC New York Governor Kathy Hochul has withdrawn a proposal that would allow commercial robotaxi pilot operations outside New York City limits without a human safety operator in the vehicle. The decision was first reported by Bloomberg News earlier Thursday and is a major setback for Waymo as it attempts a rapid US expansion this year. Bloomberg reported: The proposal, which Hochul had included in a policy preview she presented last month, would have allowed autonomous-vehicle companies such as Waymo to apply for permission to pilot their services without human operators in the vehicle. The decision to withdraw the plan was confirmed Thursday by the governor's office to Bloomberg News. "While we are disappointed by the Governor's decision, we're committed to bringing our service to New York and will work with the state legislature to advance this issue," a Waymo spokesperson said in a statement provided to Bloomberg. Last week, Waymo co-chief executive Tekedra Mawakana told Bloomberg TV that the Hochul administration showed interest in launching robotaxis. Even if it were outside the NYC metro area, "that gives us an opportunity to grow more fans," Mawakana said, adding that some customers of the service have been requesting robotaxis within city boundaries. To note, Waymo is currently testing in NYC, but it is not yet operating a driverless commercial robotaxi service. As of early 2026, its activity includes a small fleet with safety drivers in parts of Manhattan and Downtown Brooklyn. "We hear from thousands of New Yorkers who have experienced Waymo in other cities and want access to it at home," the Waymo spokesperson added. "They want the safety, privacy and comfort that riders in other major cities already enjoy." Last month, Goldman analyst Eric Sheridan provided clients with an update on the North American autonomous-vehicle (AV) rideshare market, which is quickly gaining momentum. Read the report here. "The rise in commercial autonomous vehicle deployments remains a key debate among investors and has continued to gain momentum throughout 2025. In the medium term, we believe that AV rideshare could represent a mid-single-digit percentage of total rideshare industry bookings," Sheridan said. Current robotaxi operations The lingering question: who persuaded Hochul to kill the robotaxi expansion proposal? Tyler Durden Thu, 02/19/2026 - 16:40
Walgreens has reportedly reduced its workforce in the wake of a private equity buyout, according to Bloomberg News.
Warner Sale’s Impact on Theaters Is Probed by Justice Department Bloomberg
Anduril is reportedly aiming to raise $8 billion in new funding, according to Bloomberg News.
Amazon is reportedly facing a potential lawsuit from the Federal Trade Commission over its advertising practices, which could result in billions of dollars in penalties.
Bloomberg News reports that Microsoft's Xbox division is preparing for significant layoffs scheduled to occur next month.
Fuji Media Holdings' real estate unit has reportedly attracted bids totaling 1 trillion yen, according to Bloomberg News. This significant interest highlights the value of the company's property assets.
SpaceX is reportedly in negotiations to secure underwriting fees below 0.75% for its anticipated initial public offering, according to a Bloomberg News report.
Mitsui is actively seeking investments in Liquefied Natural Gas (LNG) to address the increasing power demand from data centers. This strategic move aims to secure energy resources for the rapidly expanding digital infrastructure.
Bloomberg News reports that Apollo and Blackstone are collaborating on a significant $36 billion debt deal for the AI company Anthropic. This potential transaction highlights major investment activity in the artificial intelligence sector.
China has expanded its travel restrictions to include top artificial intelligence talent working at private firms like Alibaba and DeepSeek, according to Bloomberg News. This move limits their ability to travel overseas and impacts the country's tech sector.
Cryptocurrency brokerage Blockchain.com has confidentially filed for an Initial Public Offering (IPO) in the United States. This move signals a potential resurgence in crypto-related listings.
JPMorgan CEO Jamie Dimon reportedly stated that the bank plans to increase its hiring of artificial intelligence staff while reducing the number of traditional bankers.
Analog Devices is reportedly in advanced discussions to acquire Empower Semiconductor in a deal valued at approximately $1.5 billion. The potential cash purchase would expand Analog Devices' portfolio in the semiconductor industry.

NextEra Energy is reportedly in discussions to acquire Dominion Energy in a deal valued at approximately $66 billion. This potential acquisition would create a new utility giant in the energy sector.
SpaceX shareholders approve 5-for-1 stock split, Bloomberg News reports Reuters

Global oil prices have risen significantly due to escalating concerns over potential disruptions and limited flows through the Strait of Hormuz, a critical shipping lane. China has also expressed its desire for the strait to remain open without restrictions, as fears of a broader energy crunch grow.

Indian billionaire Gautam Adani and his nephew have agreed to pay millions to settle civil fraud allegations with the US Securities and Exchange Commission. This development comes as US authorities are reportedly moving to resolve other fraud and bribery cases against him.
Chinese automotive giant BYD is reportedly in discussions with Stellantis and other manufacturers regarding the potential acquisition of their European production plants. This move signals BYD's interest in expanding its manufacturing footprint within Europe.
SoftBank CEO Masayoshi Son is reportedly in talks to invest up to $100 billion in a significant data center project located in France.
Akamai has reportedly secured a significant $1.8 billion deal with AI company Anthropic for cloud services, as reported by Bloomberg News, signaling Akamai's strategic shift into AI cloud infrastructure.

The US is reportedly investigating a company linked to Thailand's national AI initiative for allegedly helping to smuggle advanced Nvidia chips worth at least $2.5 billion to China, according to Bloomberg News.

The Kremlin announced the cancellation of the traditional Victory Day parade march in Moscow, citing security threats and stating it would be held in a digital format. This decision comes amidst ongoing tensions and discussions regarding foreign leaders' attendance.

Apple is reportedly planning to allow users to choose rival artificial intelligence models across various features in its upcoming iOS 27. This news led to a jump in Apple's share price.

Prosecutors are reportedly considering restarting an investigation into Federal Reserve Chair Jerome Powell, a possibility suggested by Jeanine Pirro. Pirro later appeared to drop plans to appeal the criminal investigation.
Talks regarding a crucial $500 million US rescue financing package for Spirit Airlines have reportedly stalled. The airline continues to operate despite these financial challenges.

Google's parent company, Alphabet, is set to invest up to $40 billion in the artificial intelligence startup Anthropic. This significant investment deepens Google's commitment to the AI sector amidst a competitive race.
Bloomberg News reports that China is planning to implement measures to curb US investment in its technology companies.
SoftBank is reportedly seeking a $10 billion margin loan, which would be backed by its shares in artificial intelligence firm OpenAI. This move was reported by Bloomberg News.
ExxonMobil is reportedly exploring the sale of its network of gas stations in Hong Kong. Sources indicate the potential deal could be valued between $500 million and $600 million.
JetBlue's CEO has publicly dismissed recent speculation that the airline is considering filing for bankruptcy. The chief executive affirmed that the company is not exploring such an option.

European nations, led by France and the UK, are planning a multinational naval mission to secure the Strait of Hormuz. This initiative aims to ensure safe passage through the vital waterway, with Italy also expressing openness to contribute.

The International Monetary Fund has lowered its global growth forecast and issued a warning about a potential worldwide recession. This outlook is largely attributed to the escalating conflict in the Middle East and its impact on energy markets.
Contemporary Amperex Technology Co. Limited (CATL) is reportedly considering a potential $5 billion share sale, according to Bloomberg News.

The US Treasury Secretary has convened a meeting with US bank CEOs to discuss the cyber risks posed by Anthropic's latest AI model, which has identified decades-old vulnerabilities, following an urgent warning from authorities.
PIMCO is reportedly evaluating a $14 billion debt financing deal to support Oracle's data center project in Michigan, according to Bloomberg News.
An article from Bloomberg News was inaccessible, indicating it is exclusively available to Bloomberg Professional Service subscribers.

Ontario Premier Doug Ford has voiced strong concerns, calling it 'unacceptable' that Stellantis is reportedly in talks with a Chinese automobile manufacturer about building Chinese electric vehicles at its idled Brampton assembly plant.
Apple is reportedly testing a new Siri feature that would allow the voice assistant to handle multiple commands simultaneously, according to Bloomberg News.
Prosus is reportedly considering the sale of a 10% stake in Delivery Hero to Aspex, according to Bloomberg News.

German conglomerate Henkel has finalized its acquisition of US hair care brand Olaplex for $1.4 billion, following Olaplex's disappointing public run. The stock previously surged after the deal's announcement.
The OpenAI Foundation has announced new leadership and committed $1 billion in grants, aiming to ensure that artificial intelligence development ultimately benefits all of humanity.
Private equity firms Apollo and Bain Capital are reportedly among the bidders for Continental's industrial unit, according to Bloomberg News.
Netflix Plans ‘KPop Demon Hunters’ Global Concert Tour Bloomberg.com

Καθώς η επιχείρηση ΗΠΑ και Ισραήλ κατά του Ιράν εισέρχεται στην τρίτη εβδομάδα της, η Τεχεράνη συνεχίζει να πλήττει στόχους σε όλη τη Μέση Ανατολή. Ανάλυση Bloomberg News: Τα αντίποινα του Ιράν…
Bloomberg News reports that Amazon is planning to shift its annual Prime Day shopping event from July to June.
Trump to invoke emergency law for California oil producer Sable, Bloomberg News reports Reuters

MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
Middle East countries cut daily oil output, Bloomberg News reports Reuters
Airbus has reportedly teamed up with Rheinmetall and OHB for military satellite projects, as reported by Bloomberg News.
A leading South Korean power firm is accelerating its growth in the United States, driven by expectations of an 'AI supercycle'.
SoftBank is reportedly exploring a loan of up to $40 billion to finance a potential investment in OpenAI, according to Bloomberg News.
Roark weighs $2 billion IPO of Dunkin' owner Inspire Brands, Bloomberg News reports Reuters

The US administration will indefinitely exempt the German unit of Russian oil producer Rosneft from sanctions against Russia, according to Bloomberg News.
Negotiations for Blackstone's proposed $4 billion acquisition of New World have reportedly stalled due to disagreements over control, according to Bloomberg News.

Japan's SMBC and Australia's Macquarie Group have reportedly been exposed to the failed UK lender MFS, according to Bloomberg News.
Elon Musk's artificial intelligence company, xAI, is reportedly planning to repay $3 billion in debt ahead of schedule, according to Bloomberg News.
SpaceX is reportedly weighing a confidential filing for an initial public offering (IPO) as early as March, signaling a potential move to go public.
Poland's Civic Coalition has unveiled key proposals for regulations aimed at significantly limiting children's and younger teenagers' access to social media platforms.
A report indicates that major lenders including Barclays, Santander, and Wells Fargo have exposure to the failed UK-based MFS.
Apple is reportedly in discussions with several Indian banks to introduce its payment service in the country, according to Bloomberg News.

Bloomberg News reports that PayPal is attracting takeover interest after a recent slide in its stock value.
The Department of Justice is investigating Netflix's market power and its potential influence over filmmakers as part of its review of a deal involving Warner.
Individual investor neutral sentiment has bounced back, according to AAII data. Separately, HSBC is reportedly laying off 10% of its US capital markets team, and fintech firm Clear Street has withdrawn its US IPO filing.
Bloomberg News reports that Johnson & Johnson is considering the sale of its orthopedics unit, a move that could be valued at $20 billion.
HGGC successfully raised a new fund totaling $3.2 billion, surpassing its initial target.
Nestle is reportedly weighing options to reduce its involvement in the ice cream business, according to Bloomberg News.
Elon Musk's companies are reportedly among a select few chosen to participate in the $100-million prize challenge initiated in January
Amazon may face significant penalties as the Federal Trade Commission (FTC) is reportedly preparing a lawsuit concerning the company's advertising practices.
SoftBank's efforts to secure a $6 billion margin loan for OpenAI have reportedly stalled. This development was reported by Bloomberg News.

Members of the Glazer family are reportedly considering selling a stake in Manchester United, according to recent news reports. This potential sale could impact the ownership structure of the prominent football club.
During a visit by a French and German delegation, members of the Bosnian Presidency expressed opposing views on NATO membership and the future of the OHR. This comes as protests are planned outside the OHR in Sarajevo, highlighting ongoing political tensions in Bosnia and Herzegovina.
Worthington Steel has reportedly raised $1.4 billion to fund its acquisition of Klöckner, according to Bloomberg News.
Taiwanese authorities are investigating suspicions that Nvidia AI chips are being smuggled to China through Japan. This crackdown targets illicit trade routes for advanced technology.
Arm Holdings plc (ARM) is reportedly facing a US antitrust probe concerning its chip technology, according to a Bloomberg News report. The investigation could impact the company's operations and market position.
Regulators are reportedly scrutinizing Standard Chartered following comments made by CEO Bill Winters regarding artificial intelligence amidst job cuts.
JPMorgan CEO Jamie Dimon announced plans for the bank to increase its hiring of AI staff while reducing the number of traditional bankers, according to Bloomberg News.
The U.S. Securities and Exchange Commission (SEC) is reportedly preparing a plan to allow the trading of cryptocurrency versions of traditional stocks. This development was reported by Bloomberg News.
Bloomberg News reports that Microsoft's (MSFT) data center in Africa is encountering difficulties with payment requests.
Arm Holdings is reportedly facing an antitrust investigation by US authorities regarding its chip technology. The probe will examine potential anti-competitive practices within the semiconductor industry.

South Korea's presidential office, Cheong Wa Dae, has formally protested a Bloomberg News report that characterized a "citizen dividend" proposal by presidential chief of staff Kim Yong-beom as a plan to redistribute "excess profits" from artificial intelligence.
The US trade representative stated that chip export controls were not a significant subject of discussion during recent talks with China. This clarification came amidst ongoing trade relations between the two nations.
Blackstone has reportedly dropped its $4 billion deal with New World, according to Bloomberg News. The decision to abandon the acquisition was made due to a clash over control.
SoftBank CEO Masayoshi Son is reportedly considering a substantial investment of up to $100 billion in France, according to Bloomberg News.
Akamai Technologies' stock surged following the announcement of a landmark $1.8 billion cloud deal with AI firm Anthropic, a development praised by analysts despite an otherwise pessimistic financial forecast.
SoftBank has reportedly lowered its target for a margin loan related to OpenAI, according to Bloomberg News. This adjustment reflects changes in the financial arrangements surrounding the artificial intelligence company.

EU countries and lawmakers have clinched a provisional deal on new artificial intelligence rules, which include provisions to ban AI for sexualized deepfakes and other forms of abuse.

The US has launched "Project Freedom" to ensure navigation in the Strait of Hormuz, with Pentagon chief Hegseth stating the US will provide overwatch for peaceful vessels and denying Iran's control over the strait. This comes amidst rising tensions and threats from President Trump, while the Pentagon insists a ceasefire with Iran still holds.

Several major tech companies, including Meta and Microsoft, reported earnings, leading to significant fluctuations in their stock prices. Meta saw a substantial drop after its AI expense estimates, while Microsoft's solid earnings didn't prevent a stock decline.
China has suspended the issuance of new permits for autonomous driving following an outage linked to Baidu's systems. This decision impacts the future development and deployment of self-driving technology within the country.

Radio companies iHeartMedia and Sirius XM are reportedly holding early merger talks. This potential consolidation comes amidst challenges in the broader radio industry.
Bloomberg News reports that China is preparing to implement measures to curb US investment in its domestic technology companies.
American Airlines and Alaska Air are reportedly exploring a deeper partnership, including a potential revenue-sharing agreement. Sources indicate this collaboration could extend to international routes.

Anthropic is investigating reports of unauthorized users gaining access to its Mythos AI model, which has raised cybersecurity concerns. Central banks in Australia, New Zealand, and Japan are reportedly monitoring the AI model due to fears of potential cyberattacks.
Caesars has extended the discussion period regarding a potential $18 billion takeover bid from Tilman Fertitta. The move allows more time for negotiations concerning the significant acquisition.

Anthropic's new Mythos AI model is facing significant scrutiny from regulators and its own developers, with some reports deeming it 'too dangerous to release' to the public. Despite these concerns, the White House is reportedly considering providing US government agencies with access to the powerful AI.

Amazon has agreed to acquire satellite communications company Globalstar for approximately $11.6 billion. This acquisition aims to bolster Amazon's low-Earth orbit satellite business and challenge Elon Musk's Starlink, with a deal also noted to provide satellite services for Apple's iPhone and Watch.
The Trump labor board is reportedly pushing to settle a significant case involving an Amazon contractor. This development could impact labor relations and legal precedents for gig economy workers.
Russia is reportedly offering liquefied natural gas (LNG) to Asian buyers at a significant 40% discount, a move attributed to international sanctions.
A Russian Baltic port has reportedly resumed crude loading operations following recent attacks, according to Bloomberg News.

Elon Musk's SpaceX has confidentially filed for a stock market listing, reportedly targeting a $1.75 trillion valuation, potentially making it the largest U.S. public offering. The company is holding talks with a Saudi fund for a possible $5 billion investment, and its IPO could allocate triple the usual shares to everyday investors.
Estee Lauder and Puig are reportedly advancing discussions for a stock-based deal, as reported by Bloomberg News.
US senators are continuing their probe into the Federal Communications Commission (FCC) chief regarding the fast-tracked proposed deal between Nexstar and Tegna, with new reports from Bloomberg confirming the ongoing inquiry.
According to Bloomberg News, Apple is reportedly planning to open its virtual assistant, Siri, to integrate with rival artificial intelligence services.
Jan Metzger, formerly co-head of Asia investment banking at Citi, has reportedly departed the company and is now joining Standard Chartered, with Reuters also confirming the move.
Microsoft is reportedly moving forward with plans to rent unused capacity at a flagship data center in Texas, known as the Stargate site, which was previously dropped by Oracle and OpenAI.

A US federal jury has found billionaire Elon Musk liable for defrauding Twitter investors through public statements made during his 2022 takeover bid, which artificially lowered the company's stock price, by deliberately depressing the share price to reduce the purchase cost.
Activist investor Elliott Management has reportedly built a significant stake in Align Technology, the maker of Invisalign, signaling potential changes or strategic pressure on the company, as reported by Bloomberg News and Reuters.
UBS experienced a technology outage that affected its trading business, as reported by Bloomberg News.
Elon Musk's social media platform X has submitted proposals to the EU Commission detailing remedies for its blue check mark verification system, following a significant fine and ongoing dialogue with regulators.
Chinese data center firm Vnet is reportedly considering issuing a dollar bond to fund its expansion plans, according to Bloomberg News.
Amazon is reportedly targeting a bond sale of between $37 billion and $42 billion, with plans to use the funds to support its AI initiatives and capital expenditure buildout.
Plug Power is reportedly planning to offer hydrogen in a major US power-grid auction, as reported by Bloomberg News.
Bloomberg News reports that Oracle and OpenAI have ended their plans to expand a data center site in Texas.
Boeing close to 500-jet order ahead of Trump-Xi summit, Bloomberg News reports Reuters
SoftBank is reportedly considering securing a loan of up to $40 billion to finance a potential investment in OpenAI, according to Bloomberg News.
Bloomberg News reports that Oracle is planning to cut thousands of jobs as the company faces increasing data center costs.

China has reportedly instructed its largest oil refiners to suspend exports of diesel and gasoline, Bloomberg News indicated on Thursday, citing unidentified sources, as the war in...

The US government will indefinitely exempt the German unit of Russian oil company Rosneft from sanctions, according to Bloomberg News.

According to a document prepared by the IEA and seen by Bloomberg News, member countries collectively hold more than one billion barrels in emergency stockpiles. The post IEA ready to stabilise oil market hit by Iran war — Report appeared first on Premium Times Nigeria.

X and artificial intelligence startup xAI plan to repay in full about $17.5 billion in debt tied to the companies, Bloomberg News reported
Elon Musk's companies, X and xAI, are reportedly planning to repay their $17.5 billion debt in full, according to Bloomberg News.
UnitedHealth Group has reportedly capped employee pay raises at 2%, according to Bloomberg News.
Poland is planning a social media ban for children, challenging US tech, and its EU-first defense plan risks US ties.
Equinix and Canada's CPPIB are reportedly close to finalizing a deal to acquire atNorth, a Nordic data-center operator, according to Bloomberg News.

PayPal's stock saw a significant increase following reports that Stripe is considering an acquisition of the company.
EU expects US to scale back steel, aluminum goods tariffs within weeks, Bloomberg News reports Reuters
PayPal attracts takeover interest after stock slide, Bloomberg News reports Reuters
ConocoPhillips is reportedly weighing the sale of its Permian Basin assets, which are estimated to be worth $2 billion.
HSBC has reportedly cut 10% of its US debt capital markets team, according to Bloomberg News.
Walgreens has cut its workforce after a private equity buyout, as reported by Bloomberg News, indicating restructuring within the company.

The U.S. dollar is currently in a period of stagnation, despite beliefs that a significant regime change is not underway.
Nestle is reportedly weighing options to reduce its involvement in the ice cream business, according to Bloomberg News.