MicroStrategy, a software firm renowned for its significant Bitcoin holdings, has announced a 10-for-1 stock split for both its Class A and Class B common stock. The decision, approved by the company’s board of directors, …
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xAI and Oracle End $10 Billion Server Deal Talks
Elon Musk’s artificial intelligence startup xAI has ended talks with Oracle for a potential $10 billion server deal, according to The Information. The deal would have expanded on an existing arrangement where xAI rents Nvidia’s …
Continue readingDisney Cruise Line Offers New Family Adventures: New Ship Sets Sail from Tokyo
Walt Disney (DIS.N) announced plans on Tuesday to launch a new cruise ship that will set sail from Tokyo beginning in fiscal 2028, adding a ninth vessel to the company’s growing fleet. The new ship, …
Continue readingCanada Approves Glencore’s $6.93 Billion Takeover of Teck Coal Unit with Strict Conditions
The Canadian government has approved Glencore’s $6.93 billion acquisition of Teck Resources’ steelmaking coal unit, with stringent conditions to protect jobs and Canadian interests. Industry Minister François-Philippe Champagne announced the approval on Thursday, emphasizing the …
Continue readingEU Slaps Tariffs on Chinese Electric Vehicles Amid Trade Dispute
The European Union is imposing higher customs duties on electric vehicles (EVs) imported from China, marking the latest flashpoint in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning green technology exports. The …
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