Business Reporter

News

09 Jun 2026

OpenAI files for US IPO after Anthropic as AI giants head to public markets

ChatGPT maker OpenAI confidentially filed for a U.S. initial public offering recently, the company said on Monday, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom.

India’s TCS chair says AI agents may equal headcount, dampen hiring

09 Jun 2026

India’s largest software services exporter Tata Consultancy Services expects IT companies to slow down hiring, as the company moves towards having an equal number of employees and AI agents in its workforce, Chairman N Chandrasekaran said at the company’s annual general meeting on Tuesday.

Analysis-Software stocks bounce back - now comes the hard part

03 Jun 2026

Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead.

When IPOs go wrong: SpaceX, AI firms face a delicate process

03 Jun 2026

SpaceX and Anthropic are preparing for what may be the biggest public-market launches in U.S. history, with OpenAI rumored to be close behind.

Putin orders PM and FSB security service to ensure key services during mobile Internet shutdowns

01 Jun 2026

Russian President Vladimir Putin has ordered the prime minister and the director of the Federal Security Service (FSB) to ensure access to key medical, information and payment services during periods when mobile internet service is limited.

01 Jun 2026

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO

Honeywell’s Quantinuum is targeting a valuation of up to $14.3 billion in its upsized U.S. initial public offering, underscoring robust investor appetite around quantum computing.

IBM commits $5 billion to secure open-source software

28 May 2026

IBM said on Thursday it has committed $5 billion to an initiative that will deploy engineers and AI tools to help companies better secure open source software.

JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn

28 May 2026

Chinese e-commerce giant JD.com’s $2.5 billion bid for German electronics retailer Ceconomy may involve Chinese subsidies, European Union competition regulators warned on Thursday as they opened a full-scale investigation into the deal.

Spotify launches 'narrated articles' from publications like The Atlantic, Vogue

26 May 2026

Spotify said on Tuesday it is rolling out narrated articles from top publications including Rolling Stone, The Atlantic, Vogue, Variety and Vanity Fair for its audiobook users, as the platform diversifies its content.

UK targets Russian crypto networks in latest sanctions

26 May 2026

Britain on Tuesday targeted Russia-linked cryptocurrency platforms, banks and financial networks that it said were used to bypass sanctions, freezing their assets and barring UK firms from processing payments and holding correspondent banking ties.

Analysis-SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI vision

21 May 2026

News

OpenAI files for US IPO after Anthropic as AI giants head to public markets

India’s TCS chair says AI agents may equal headcount, dampen hiring

Analysis-Software stocks bounce back - now comes the hard part

When IPOs go wrong: SpaceX, AI firms face a delicate process

Putin orders PM and FSB security service to ensure key services during mobile Internet shutdowns

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO

IBM commits $5 billion to secure open-source software

JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn

Spotify launches 'narrated articles' from publications like The Atlantic, Vogue

UK targets Russian crypto networks in latest sanctions

Analysis-SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI vision

Factbox-IPO-bound SpaceX's board is stacked with Musk empire loyalists

Hasbro beats quarterly estimates on strong demand for its digital games

The AI bots are coming and the young are booing, not applauding

Explainer-What are Samsung union workers demanding and how might a strike play out?

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Alibaba reports continued profit squeeze from spending on AI and instant retail

Hasbro beats quarterly estimates on strong demand for its digital games

Exclusive-Pakistan to partner with affiliate of Trump family's World Liberty Financial on USD1 stablecoin

JPMorgan's bet on early-stage companies pays off in leading global tech investment banking

Exclusive-TikTok to build a second billion-euro data centre in Finland

Legal data company Relativity confidentially files for US IPO

Italy fines review platform Trustpilot $4.6 million for misleading consumers; shares slip

Factbox-IPO-bound SpaceX's board is stacked with Musk empire loyalists

Dutch court orders Nexperia investigation, upholds decisions including Chinese CEO suspension

Agentic AI race by British banks raises new risks for regulator

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