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Indonesian anti-monopoly agency fines TikTok for late reporting of Tokopedia deal
29 Sep 2025

Indonesian anti-monopoly agency fines TikTok for late reporting of Tokopedia deal

TikTok has been fined 15 billion rupiah ($900,000) for the late reporting of its acquisition of e-commerce platform Tokopedia, Indonesia’s anti-monopoly agency said on Monday.
Ethos Technologies reveals 55% revenue surge as insurance IPOs fire up

Ethos Technologies reveals 55% revenue surge as insurance IPOs fire up

29 Sep 2025
Ethos Technologies recorded a 55% jump in revenue in the first half of 2025, according to its U.S. initial public offering paperwork filed on Friday, as the insurance IPO market continues its hot streak.
Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports

Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports

24 Sep 2025
Crypto giant Tether is in talks to raise as much as $20 billion in a private placement that could value the El Salvador-based firm at about $500 billion, Bloomberg News reported on Tuesday.
Alibaba shares leap on Nvidia partnership, data center plans

Alibaba shares leap on Nvidia partnership, data center plans

24 Sep 2025
Alibaba announced on Wednesday a partnership with Nvidia, global data center expansion plans and new artificial intelligence products, as it positions AI as a core business priority alongside its traditional e-commerce operation.
EU ministers seek agreement on digital euro to be independent of Visa and Mastercard

EU ministers seek agreement on digital euro to be independent of Visa and Mastercard

19 Sep 2025
European Union finance ministers will seek to reach a common position on Friday on how to set up a digital euro currency that could become an alternative to the now dominant U.S.-based Visa and Mastercard systems.
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
17 Sep 2025

Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables

The Indonesia Investment Authority is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund seeks foreign partners and supports the nation’s economic development, its chief investment officer told Reuters.
AI set to transform global trade, says World Trade Organization report

AI set to transform global trade, says World Trade Organization report

17 Sep 2025
Artificial intelligence could boost the value of trade in goods and services by nearly 40% by 2040, but without adequate policies it could also exacerbate economic divides, a new World Trade Organization report warned on Wednesday.
Databricks takes stake in Indicium, marking first investment in Latin American startup

Databricks takes stake in Indicium, marking first investment in Latin American startup

16 Sep 2025
Databricks has acquired a minority stake in data and artificial intelligence consultancy Indicium, the companies said on Tuesday, marking the San Francisco-based firm’s first investment in a startup founded in Latin America.
Exclusive-Nvidia's new RTX6000D chip for China finds little favour with major firms, sources say

Exclusive-Nvidia's new RTX6000D chip for China finds little favour with major firms, sources say

16 Sep 2025
Nvidia’s RTX6000D, its newest artificial intelligence chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to place orders, two people with knowledge of procurement discussions said.
Netflix's chief product officer Eunice Kim to leave

Netflix's chief product officer Eunice Kim to leave

11 Sep 2025
Netflix said on Wednesday that Eunice Kim, its chief product officer since 2023, will leave the company.
Oracle surges on AI cloud growth as customers race to secure computing capacity
10 Sep 2025

Oracle surges on AI cloud growth as customers race to secure computing capacity

Oracle shares soared about 33% before the bell on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.
Swedish fintech Klarna set for hotly anticipated NYSE debut after $1.37 billion IPO

Swedish fintech Klarna set for hotly anticipated NYSE debut after $1.37 billion IPO

10 Sep 2025
Swedish fintech Klarna will begin trading on the New York Stock Exchange later on Wednesday after raising $1.37 billion in its initial public offering, ending a years-long wait for a listing and reinforcing a rebound in the U.S. IPO market.
Ticketing platform StubHub eyes up to $9 billion valuation in US IPO

Ticketing platform StubHub eyes up to $9 billion valuation in US IPO

09 Sep 2025
Madrone Partners-backed StubHub is targeting a valuation of up to $9.2 billion in its U.S. initial public offering, the ticket reseller said on Monday, becoming the latest company to resume listing plans delayed in April due to tariff uncertainty.
Nebius signs $17.4 billion AI infrastructure deal with Microsoft, shares jump

Nebius signs $17.4 billion AI infrastructure deal with Microsoft, shares jump

09 Sep 2025
Nebius Group said on Monday it will provide Microsoft with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term, sending its shares soaring over 47% after the bell.
Exclusive-‘It’s scary’ - crypto workers under siege from North Korean hackers

Exclusive-‘It’s scary’ - crypto workers under siege from North Korean hackers

04 Sep 2025
North Korean hackers are saturating the cryptocurrency industry with credible-sounding job offers as part of their campaign to steal digital cash, according to new research, raw data, and interviews.

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