Amazon to pay $2.5 billion to settle claims it duped Prime customers
Amazon has agreed to pay $2.5 billion to settle accusations it tricked millions of customers into subscribing to Prime and ...
Tag: Billion
Nvidia to invest $100 billion in OpenAI to build data centers
Nvidia plans to invest $100 billion in OpenAI, giving the ChatGPT maker a huge war chest to build data centers ...
Microsoft pledges to invest US$30 billion in UK as Trump visits
Britain ranks among the top countries for private AI investments over the past decade Microsoft announced on Tuesday (Sep 16) ...
Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending ...
China’s Tencent aims to raise US$1 billion equivalent in dim sum bonds
Chinese gaming and social media leader Tencent Holdings is aiming to raise the equivalent of US$1 billion in a three-tranche ...
StanChart Singapore’s H1 profit climbs 12.4% to nearly S$1 billion
The rise in earnings comes amid a boost in fee and commission income, as well as forex income Standard Chartered ...
BYD’s US$45 billion stock wipeout raises doubts on China outlook
At the same time, rivals including Geely Automobile Holdings and Zhejiang Leapmotor Technology are gaining ground BYD faces pressure to ...
Brookfield in talks to buy Yes! Communities from Singapore’s GIC in US$10 billion deal, FT reports
Denver-based Yes! manages tens of thousands of factory-built affordable homes in the US Brookfield Asset Management is in talks to ...
Busiest IPO week since 2021 mints US$4 billion for 6 newcomers
The initial public offering (IPO) market kicked into high gear this week, with sextet of deals raising more than US$4 ...
Saudi oil giant Aramco raises US$3 billion from Islamic bonds
Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed ...
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