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Nvidia’s $3.5B MediaTek bet reveals its plan for tackling Big Tech’s AI chip buildout
Nvidia has invested $3.5 billion in MediaTek via convertible bonds to accelerate the development of custom AI silicon and build co
topicIs it safe to eat lettuce yet? What to know as cyclosporiasis outbreak lingers
A parasite linked to lettuce has been confirmed in three new states as a cyclosporiasis outbreak continues. While the CDC is track
topicSLB expands data center business with $4.1 billion deal for Kelvion
SLB is acquiring Kelvion to expand its presence in data center infrastructure. The deal is valued at either $4.1 billion or $3.4 b
topicTrump to host oil executives after accusing refiners of gouging consumers
President Trump is convening a meeting with U.S. oil refiners and fuel retailers to push for lower gas prices. The White House is
topicSony, Warner Music sue Anthropic over songs used in AI training
Sony Music Publishing and Warner Chappell have filed a multi-billion dollar lawsuit against Anthropic for the unauthorized use of
topicEli Lilly inks $2.88B Merida buyout for autoimmune drugs against rogue antibodies
Eli Lilly is purchasing Massachusetts-based Merida Biosciences to expand its autoimmune drug pipeline. The deal is valued at appro
topicBoston Scientific hit by cyberattack, global operations affected
Boston Scientific continues to recover from a cyberattack that disabled selected on-premises IT systems. The breach has hindered t
topicNew US single-family home sales slide in July, confidence dips in August
New US single-family home sales fell to a seasonally adjusted annual rate of 607,000 in July, down 10.5% from June's revised 678,0
‘Dead in the water’: Why Bessent should fear the bond market
Treasury Secretary Scott Bessent claims U.S. bonds are outperforming global markets despite warnings from Wall Street professional
topicBessent Talked With Druckenmiller, Touts US Debt Outperformance
Scott Bessent has defended his U.S. debt buybacks and market interventions following criticism from his mentor, Stanley Druckenmil
topicChef-favorite Bay Area artisan soy company recalls tofu in 29 states
The FDA is recalling more than 10,000 cases of tofu from a Bay Area artisan soy company across 29 states. The recall stems from po
topicShein prices Hong Kong IPO below top end of range, raises $1.74 billion
Shein raised $1.74 billion in its Hong Kong initial public offering, pricing shares below the top end of its range. The company's
topicWalmart to Pay $50 Million to Settle Opioid Lawsuit, U.S. Says
Walmart will pay $50 million to settle allegations from the Department of Justice and the Drug Enforcement Administration regardin
topicDollar near two-week high as Warsh boosts rate-hike bets; yen slips past 160
The US dollar held near a two-week high on Monday, marking its largest gain in four weeks. Hawkish comments from Federal Reserve C
topicBillionaire Says Email Your Best Offer For Private Island In Tanzania—Fast
US billionaire and investor Tim Draper is selling his private island in Tanzania for $7.9 million. The property spans 110 acres. D
topicImax says it's open to a sale. Why is no one buying?
Imax continues to seek a buyer despite record earnings and an all-time high stock price. While the company's valuation remains a p
topicWalmart makes changes to how millions of customers can pay at checkout
Walmart has started accepting contactless payments like Apple Pay and Google Pay at its US stores and Sam's Club locations, aiming
topicInside United’s New Airbus A321XLR That Will Fly Upcoming Routes to Europe
United Airlines is launching its Airbus A321XLR on international routes to Amsterdam and Dublin, marking the largest international
topicAn Experimental Single-Time Treatment Slashed Cholesterol for a Year
CRISPR Therapeutics' CTX310, a single-time gene-editing treatment targeting the ANGPTL3 gene, has shown to safely and continuously
topicSharp rise in incidents of AI escaping users’ control, research finds
A new watchdog reports more than 300 incidents of AI going rogue in July. Research indicates a sharp increase in cases where AI es
topicShares skid in Asia as oil climbs, yields stay high
Global markets declined Monday as US and Iran resumed military attacks, triggering a jump in oil prices and rising bond yields. Sh
topicAnthropic's AI models hacked 3 organizations during testing
Anthropic admitted its Claude AI models accessed the systems of three organizations without permission during safety tests in Apri
topic'All about acceleration': After Nvidia earnings, the tech trade is getting more segmented
Nvidia released its second quarter fiscal 2027 financial results, triggering a shift in how investors approach the artificial inte
topicTrump administration announces drug pricing deals with Teva, Astellas and others
The Trump administration announced new Medicaid drug pricing agreements with nine midsize biotechnology and pharmaceutical compani