Chipmaker CXMT Becomes China’s Most Valuable Listed Company After 466% IPO Surge
Chinese memory chipmaker CXMT surged 466% on its market debut after raising $8.6 billion in Asia's largest IPO of the year, becoming China's most valuable listed...
News - Page 35
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Latest News
Allianz to Acquire HSBC’s Singapore Insurance Business for $2.09 Billion
Allianz will acquire HSBC's Singapore life and health insurance business for $2.09 billion, strengthening its presence in Asia while allowing HSBC to focus on higher-return banking...
SpaceX Erases $1.48 Trillion in Market Value in Just 37 Days
SpaceX shares have fallen to a new all-time low, wiping approximately $1.48 trillion from the company’s market value in just 37 days and dropping well below...
South Korea to Invest AI Tax Windfall Into Future Fund
South Korea plans to channel tax revenue generated by the AI boom into a new Future Adaptation Fund supporting education, technology, regional development, and young people.
SpaceX Shares Fall Below $140, Hitting New Post-IPO Low
SpaceX shares fell below $140 for the first time since the company's IPO, reaching a new post-listing low after giving up most of their early trading...
Getting Hired at Bending Spoons Is Harder Than Becoming a NASA Astronaut
Bending Spoons received about 800,000 job applications in 2025 but hired only 286 people, giving the Italian technology company an acceptance rate of roughly 0.04%.
SK Hynix Debuts on Nasdaq After Raising $26.5 Billion in Landmark Listing
SK Hynix began trading on Nasdaq after raising $26.5 billion in an oversubscribed ADR offering, with the proceeds set to expand AI memory chip production.
Paradigm Raises $1.2 Billion to Expand AI and Robotics Investments
Crypto-focused venture capital firm Paradigm has raised a new $1.2 billion fund to expand its investments beyond digital assets into artificial intelligence and robotics.
Volkswagen, BMW and Mercedes-Benz Cut Jobs as Chinese Rivals Gain Market Share
Volkswagen, BMW, and Mercedes-Benz are cutting jobs and reducing costs as rising competition from Chinese automakers reshapes the global automotive industry.
SpaceXAI Launches Grok 4.5, Its First AI Model Built for Agentic Work
SpaceXAI has launched Grok 4.5, its most advanced AI model yet, designed for coding, agentic tasks, and knowledge work with availability through Grok Build, Cursor, and...
Instagram Enables AI to Generate Images Using Public Photos by Default
Instagram now allows Meta AI to generate images using photos from public accounts by default, unless users manually disable the feature in their settings.
Honda, Nissan and Mitsubishi Deepen Alliance to Compete With Chinese Automakers
Honda, Nissan, and Mitsubishi are expanding their partnership by sharing software, electronic systems, and components in an effort to cut costs and better compete with rapidly...