Black Forest Labs inks $140m deal with Meta, reports say

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Back to Top / Wednesday, September 10, 2025, 6:20 am / permalink 14225 / 2 stories in 5 months

Novo Nordisk to cut 9,000 jobs - Financial Times

google - Novo Nordisk to cut 9,000 jobs Financial Times

Back to Top / Wednesday, September 10, 2025, 2:20 am / permalink 14216 / 1 stories in 5 months

JPMorgan CEO Dimon issues stark warning on US economic slowdown

JPMorgan CEO Jamie Dimon cautioned that the US economy is showing signs of slowing down amid unsettling labor market trends. His remarks, delivered in a recent address, highlight growing concerns among investors over a potentially murky economic horizon, leaving many to wonder if the headwinds are just beginning.

Back to Top / Tuesday, September 9, 2025, 8:20 pm / permalink 14207 / 1 stories in 5 months

Google Cloud CEO sees sunny days ahead thanks to AI demand

Thomas Claburn / theregister - We're making billions on AI, how about you? Google Cloud CEO Thomas Kurian says the Chocolate Factory's rental computing business has $106 billion of unfulfilled contracts, and he expects Google Cloud will be able to realize about half of that in revenue …

Back to Top / Tuesday, September 9, 2025, 7:20 pm / permalink 14202 / 3 stories in 5 months

Ericsson Layoffs in Canada Hit Former Rogers Cell Tower Workers

John Quintet / iphoneincanada - Ericsson has cut roughly 100 technical jobs in Canada as part of its ongoing effort to streamline costs and merge local operations with its global workforce. The layoffs were announced to employees on Monday, with final work days set for October 31. Worke…

Back to Top / Tuesday, September 9, 2025, 7:20 pm / permalink 14201 / 2 stories in 5 months

Reflection AI Nears $5.5B Valuation Amid AI Frenzy

Nvidia-backed startup Reflection AI is edging close to a $5.5 billion valuation as it rides the wave of AI innovation. Both Reuters and Financial Times report on its deal-making momentum and rapid growth, underscoring the dual sense of excitement and cautious optimism in the tech investment community.

Back to Top / Tuesday, September 9, 2025, 4:21 pm / permalink 14187 / 1 stories in 5 months

Oracle pops 22% on cloud growth projections even as earnings miss estimates

cnbc - Oracle said total remaining performance obligations jumped 359% from a year earlier, indicating big growth prospects.

Back to Top / Tuesday, September 9, 2025, 4:21 pm / permalink 14185 / 6 stories in 5 months

OpenAI Considers Relocating Amid Restructuring Concerns

Amid reports of internal restructuring and escalating security issues, OpenAI is mulling over a potential relocation. The company’s leadership discussed leaving California as part of a broader strategic maneuver to navigate increasing logistical and regulatory challenges in the AI race.

Back to Top / Tuesday, September 9, 2025, 11:21 am / permalink 14148 / 1 stories in 5 months

Nebius Strikes Massive $17.4B Microsoft AI Deal, Shares Surge

Nebius has inked a colossal $17.4 billion AI computing deal with Microsoft, sparking a dramatic 51% leap in its premarket share price. The agreement underscores the relentless appetite for cutting-edge infrastructure to support the booming AI industry, leaving competitors to wonder if they too should start polishing their balance sheets.

Back to Top / Tuesday, September 9, 2025, 7:21 am / permalink 14127 / 1 stories in 5 months

Anglo American, Teck Announce Mega Copper Merger Deal

Anglo American and Teck Resources have announced a high-stakes merger aimed at building a large-scale copper business. The deal, touted as one of the largest of the decade, is set to reshape industry dynamics and consolidate market presence, prompting keen attention from analysts and investors alike.

Back to Top / Tuesday, September 9, 2025, 7:21 am / permalink 14121 / 1 stories in 5 months

ReOrbit secures Europe’s largest spacetech Series A as defence demand surges

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Back to Top / Tuesday, September 9, 2025, 12:20 am / permalink 14112 / 2 stories in 5 months

ANZ bank to slash 3500 jobs in sweeping CEO-led overhaul

Australia’s ANZ bank is making a bold—and somewhat ironic—move under its new CEO by planning to cut 3500 jobs in a major restructuring effort aimed at streamlining operations and boosting efficiency. The decision, reported by both Bloomberg and Reuters, leaves many wondering if the leadership change is more about cost-cutting theatrics than genuine turnaround.

Back to Top / Monday, September 8, 2025, 11:20 pm / permalink 14111 / 0 stories in 5 months

Anglo American nears $20bn takeover of Teck Resources - Financial Times

google - Anglo American nears $20bn takeover of Teck Resources Financial Times

Back to Top / Monday, September 8, 2025, 8:20 pm / permalink 14102 / 1 stories in 5 months

Lachlan in control of Murdoch empire as succession struggle settled

Vivienne Kelly / mumbrella - The battle for control of News Corp and Fox Corporation is over, with Rupert Murdoch’s eldest son Lachlan to inherit the media empire. In an out-of-court settlement struck between the warring children of media’s most famous family, Prudence MacLeod, Elisa…

Back to Top / Monday, September 8, 2025, 7:20 pm / permalink 14098 / 2 stories in 5 months

Intel reshuffles its executive leadership team as its former co-CEO departs

Mike Wheatley / siliconangle - Intel Corp. Chief Executive Lip-Bu Tan has made sweeping changes to his executive leadership team, waving goodbye to former interim co-CEO Michelle Johnston Holthaus and announcing a series of new appointments. The changes come as Tan intensifies his effo…

Back to Top / Monday, September 8, 2025, 7:20 pm / permalink 14096 / 6 stories in 5 months

Aiwyn Acquires QuickFee’s US Payments Business and Adds Pay-Later Offering

PYMNTS / pymnts - Aiwyn has acquired QuickFee’s U.S. payments business, including QuickFee Pay Now and QuickFee Connect, to add new capabilities to Aiwyn’s payments and collection platform for accounting firms. The company’s partnership with QuickFee will enable Aiwyn to p…

Back to Top / Monday, September 8, 2025, 4:22 pm / permalink 14077 / 1 stories in 5 months

Cognition AI defies turbulence with a $400M raise at $10.2B valuation

Rebecca Bellan / techcrunch - Founders Fund, the Peter Thiel-backed VC, led Cognition’s latest round, with participation from existing investors like Lux Capital, Joe Lonsdale’s 8VC, Elad Gil, Definition Capital and Swish Ventures.

Back to Top / Monday, September 8, 2025, 2:20 pm / permalink 14062 / 3 stories in 5 months

Xbox Game Pass Once Again in the Firing Line After Former Microsoft Executive Says It Creates 'Weird Inner Tensions'

Wesley Yin-Poole / ign - Hot on the heels of former Bethesda executive Pete Hines questioning Xbox Game Pass as a business strategy, a former Microsoft executive has backed the comments, insisting Microsoft’s subscription service creates “weird inner tensions.”

Back to Top / Monday, September 8, 2025, 1:21 pm / permalink 14056 / 3 stories in 5 months

ElevenLabs Valuation Doubles to $6.6B Amid $100M Employee Tender Offer

Markus Kasanmascheff / winbuzzer - AI voice startup ElevenLabs has announced a $100M tender offer for employees, doubling its valuation to $6.6 billion, fueled by rapid revenue and team growth.The post ElevenLabs Valuation Doubles to $6.6B Amid $100M Employee Tender Offer appeared first on…

Back to Top / Monday, September 8, 2025, 11:21 am / permalink 14040 / 2 stories in 5 months

Databricks confirms new $100B valuation on $4B ARR

Julie Bort / techcrunch - Just months after raising a whopping $10 billion, Databricks has confirmed another $1 billion raise at a $100 billion valuation.

Back to Top / Monday, September 8, 2025, 11:21 am / permalink 14039 / 5 stories in 5 months