AI startup Serval valued at $1 billion after closing a $75 million Series B funding round led by Sequoia, the company told Media this week. The San Francisco-based startup, which builds AI-powered IT support tools, hit unicorn status just three…
China’s commerce ministry jumped into the fray Thursday, saying it actively supports consultations between Wingtech and Nexperia to end a messy corporate dispute that’s been dragging on for months. He Yadong, a spokesperson for the Chinese commerce ministry, told reporters…
The U.S. dollar took a beating on Wednesday afternoon, sliding against major peers as the Federal Reserve rolled out its widely expected rate cut. Within minutes of the announcement, the greenback tumbled 0.58% versus the Swiss franc to 0.801, while…
Elon Musk’s SpaceX wants to raise more than $25 billion next year through what could become one of history’s biggest stock market debuts. A source close to the matter told Reuters on Tuesday that the rocket-maker’s valuation might hit over…
Protesting Greek farmers brought port operations at Volos to a standstill on Wednesday, parking thousands of tractors outside the facility’s main entrance. The move marks day five of nationwide blockades choking traffic across Greece, as desperate agricultural workers demand 600…
The Federal Reserve will slash interest rates Wednesday for the third consecutive meeting, setting up a pivotal confrontation as President Trump prepares to install a new leader at the central bank. The FOMC faces deep divisions over monetary policy while…
President Volodymyr Zelensky says Ukraine is ready for elections if partners guarantee security for voters, responding directly to US President Donald Trump’s accusations that Kyiv exploits war to dodge democratic responsibility. The Ukrainian president threw down this challenge after Trump…
OpenAI appointed Slack CEO Denise Dresser as its chief revenue officer on Tuesday, a significant hire as the ChatGPT maker pushes to expand its enterprise business. Dresser takes charge of global revenue strategy, with a mandate that covers enterprise sales…
President Trump publicly criticized Ukrainian President Volodymyr Zelensky during a Monday interview with Politico’s Dasha Burns, declaring the Ukrainian leader must “start accepting things” because “he’s losing” the nearly four-year war with Russia. The President expressed frustration that Zelensky had…
Google now confronts a formal EU antitrust investigation as the European Commission examines how the tech giant harvests online content from publishers and YouTube videos to power its AI models. Regulators announced Tuesday they suspect Google leverages its dominant position…
Ben & Jerry’s brand faces potential destruction under its parent company Magnum, warns co-founder Ben Cohen in stark comments to the electronic media. The warning comes as Magnum Ice Cream Company began trading on the European stock market following its…
Thailand and Cambodia are at war again. Three Thai soldiers and seven Cambodian civilians died since Monday. Both sides blame each other for starting the violence that has torn apart a fragile ceasefire that US President Donald Trump backed just…
The Trump administration proposal to roll back Biden-era vehicle fuel efficiency standards could save automakers billions but will cost American car buyers far more at the fuel pumps. The National Highway Traffic Safety Administration and Environmental Protection Agency proposed cutting…
The U.S. Supreme Court prepares to hear arguments on Monday examining the legality of Donald Trump’s firing of Federal Trade Commission member Rebecca Slaughter, testing presidential power and threatening a 90-year-old legal precedent that has shielded independent agencies from political…
China’s trade surplus smashed through the $1 trillion mark in just 11 months, hitting $1.08 trillion by November even as shipments to the United States crashed by 29%. The numbers tell a remarkable story: while trade with United States keeps…
