Prem Watsa: The Hyderabad-Born Billionaire Behind Fairfax’s IDBI Bank Deal
Prem Watsa, the Hyderabad-born billionaire who built Fairfax Financial Holdings into a global insurance and investment...
Jio Platforms IPO Price Band Set at Rs 1,119; Issue Could Raise Rs 30,213 Cr
Jio Platforms Ltd, the digital services and telecom arm of Reliance Industries, has fixed the price...
Bank of America Hit With $1.2 Bn Fine Over Anti-Money Laundering Failures
Bank of America has been fined more than $1.2 billion by the US Treasury Department over...
Bumble to Go Private in $1.3 Bn Deal With Ithaca Holdings as Dating App Struggles
Bumble is set to go private in a $1.3 billion deal with Ithaca Holdings, as the...
India Plans Dedicated Data Centre Policy Amid Power Cost Concerns
India is preparing a dedicated policy for data centres as the government seeks to balance the...
Meta Launches Muse Wonder AI Model With $20 and $100 Monthly Subscriptions
Meta has introduced Muse Wonder, its latest artificial intelligence (AI) model, positioning it as the company's...
Sarvam AI in Talks to Raise $300 Mn at $3 Bn Valuation
Indian artificial intelligence startup Sarvam AI is reportedly in talks to raise $250 million to $300...
OpenAI May Bring Back Sora Through Hollywood Startup for Professional Filmmakers
OpenAI’s Sora video generation technology could be making a comeback, but not necessarily for everyday users....
Russian Military Strikes More Ukrainian Data Centers, Claims Odessa Facility Served Armed Forces
Russia has continued targeting Ukraine's digital infrastructure, with a reported strike on an internet service provider's...
Hackers Turn Supermarket Fridges Up to 122 Degrees, Forcing Stores to Throw Away Food
Cyberattacks are increasingly moving beyond computers and digital data, targeting the physical systems businesses depend on...