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Google, Verizon strike $1 billion deal to boost AI infrastructureGoogle and Verizon have signed a $1 billion deal in the latest technological push to build out high-capacity data connectivity for enterprise and hyperscale AI clients.The news was announced during Verizon’s second-quarter...

Samsung, SK Hynix to sign major AI chip deals with US tech giantsSamsung Electronics and SK Hynix are set to sign major multi-billion-dollar supply agreements and strategic partnerships with leading U.S. technology companies.The announcement was confirmed by Kim Yong-beom, policy chief for South...

Nestle pushes for simpler US food labels to win back consumer interestNestle is lobbying US authorities including officials connected to the significant initiative “Make America Healthy Again” initiative to update food labeling regulations that allow simpler descriptions using common...

Paramount-Warner Bros. $110B merger paused until Aug. 17 after judge extends restraining orderParamount-Warner Bros. merger again postponed after a A federal judge has extended a temporary restraining order.The decision halted Paramount Skydance’s proposed $110 billion acquisition of a...

SpaceX shares have fallen below their initial public offering price, giving short sellers an estimated $15.5 billion in unrealised gains, according to Reuters, citing data from Ortex Technologies.The stock was priced at $135 per share when it debuted on 11 June, before climbing to an intraday high...