Adnan Rasheed
Indian e-commerce company Meesho Ltd., backed by SoftBank Group Corp., is preparing to launch an initial public offering (IPO) that could raise up to $605 million, according to a company announcement. The IPO, slated to begin investor subscriptions next week, marks one of the largest public listings from a digital commerce platform in India this … Read more
Carney’s Alberta oil pipeline deal is already encountering strong political resistance less than a day after it was announced, underscoring the challenge Prime Minister Mark Carney faces in advancing one of Canada’s most contentious energy projects. The agreement with Alberta Premier Danielle Smith opens the door for a new oil pipeline to the Pacific Coast, … Read more
HANOI, Vietnam — China’s telecom giants Huawei and ZTE have secured a series of 5G equipment contracts in Vietnam this year, marking a notable shift in the country’s infrastructure strategy and signaling warmer ties with Beijing even as relations with Washington grow tense. The Huawei and ZTE 5G deals in Vietnam come as Hanoi balances … Read more
The dollar set for biggest weekly fall in four months on Thursday as expectations of further monetary easing in the United States deepened and political pressure on the Federal Reserve intensified. Thin liquidity during the Thanksgiving holiday added to sharp swings across major currencies, with the Japanese yen edging higher and the euro drifting lower … Read more
Europe’s measured approach to artificial intelligence development and data center expansion could position it uniquely in the global AI race, industry experts said, even as the region faces constraints that limit rapid scaling. While the United States and China dominate in investment and sheer infrastructure capacity, European countries are carefully navigating energy availability, grid constraints, … Read more
Taipei — Taiwanese prosecutors on Thursday raided the homes of a former senior executive of Taiwan Semiconductor Manufacturing Company (TSMC), seizing computers, USB drives, and other materials as part of an investigation into alleged trade secret leaks. The executive, Lo Wei‑Jen, recently joined Intel Corporation after retiring from TSMC, sparking accusations of intellectual property misappropriation. … Read more
Alibaba’s AI glasses went on sale Thursday in China, marking the company’s latest effort to expand its presence in the fast growing consumer artificial intelligence sector. The device, which integrates Alibaba’s Qwen AI system, enters a market increasingly shaped by competition from global rivals including Meta and domestic players such as Xiaomi. The launch of … Read more
Washington DC — Former President Donald Trump announced on Wednesday that South Africa would not be invited to next year’s Group of 20 summit in the United States, days after the African nation hosted the annual gathering of the world’s largest economies. The statement marks the latest escalation in a series of public disputes between … Read more
A Netflix outage disrupted the highly anticipated premiere of the fifth season of “Stranger Things” on Wednesday night, prompting thousands of users to report service issues just minutes before the new episodes were scheduled to go live. DownDetector, a platform that tracks digital service interruptions, showed a surge in problem reports beginning around 7:40 p.m. … Read more
The FCC says hackers hijack US radio gear in a growing wave of cyber intrusions that allowed unauthorized actors to transmit bogus emergency alerts, obscene language and offensive commentary across several local broadcasts. The Federal Communications Commission said Wednesday that attackers exploited unsecured audio transmission devices, triggering the Emergency Alert System’s (EAS) “Attention Signal,” a … Read more
