Technology
Technology
Mastercard to Buy Stablecoin Startup BVNK for Up to $1.8 Billion
Mastercard Inc. said it will acquire the stablecoin infrastructure startup BVNK for as much as $1.8 billion, four months after negotiations between BVNK and Coinbase Global Inc. for a roughly $2 billion deal fell apart.
Technology
How Torpey aims to make Man Utd's academy 'best in the world'
New Man Utd academy chief Stephen Torpey talks for the first time about 'world class' demands of the job, not wanting the club to be parents, JJ Gabriel and Michael Carrick
Technology
Ex-Datadog Leader’s AI Startup Nabs First $49 Million Funding
The deal is Iconiq’s first-ever startup incubation.
Technology
Bentley to Cut Jobs as US Tariffs and China Slump Hit Carmaker
Bentley Motors Ltd. is planning to cut 275 jobs as the British luxury-car maker grapples with falling sales in China, tepid electric-vehicle demand and US tariffs.
Technology
US Premarket Movers: Coherent, Delta, Nvidia, Semtech, Uber
S&P 500 Index futures are down 0.1% as of 7:50 a.m. in New York as attacks on energy infrastructure in the Middle East drove a renewed advance in oil prices.
Technology
Investors Love Jet Engine Makers. Airlines Aren’t So Sure
Until recently jet engine makers such as General Electric Co., Safran SA and Rolls-Royce Holdings Plc had never had it so good. As travel recovered following the pandemic their cash flows and profits soared. Investors like British hedge fund manager Chris Hoh…
Technology
Scientists finally reveal how this Alzheimer’s drug really works
A key Alzheimer’s drug has finally revealed its secret. Researchers discovered that lecanemab works by activating the brain’s immune cells—but only through a specific part of the antibody called the Fc fragment. This piece acts like a trigger, prompting microglia to clear harmful amyloid plaques. Th
Technology
Spanish Beach Resort Benidorm Approves Plan to Avoid Insolvency
One of Spain’s busiest beach resorts has agreed on a plan to settle €350 million ($403 million) in compensation to land owners who were shortchanged during a real estate boom in the early 2000s.
Technology
ARK’s Cathie Wood Says AI Is Already Boosting Productivity
Artificial intelligence is already raising labor productivity and is set to unlock more significant gains in the coming decade, according to Cathie Wood of ARK Investment Management LLC.
Technology
Nebius Plans to Raise $3.75 Billion in Debt After Meta Deal
Artificial intelligence data center developer Nebius Group NV said it intends to raise about $3.75 billion in convertible debt on the heels of a commercial deal with Meta Platforms Inc.
Technology
This massive crater could expose the heart of a lost planet
A mysterious metal-rich asteroid called Psyche has been baffling scientists for over two centuries, and its true origin remains one of the biggest unanswered questions in planetary science. Is it the exposed core of a failed planet, or a chaotic mix of rock and metal forged through countless violent
Technology
New mortgage costs soar £788 a year in two weeks
Lenders have hiked rates on new deals and withdrawn products as war creates uncertainty in the markets.