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NEW YORK & DALLAS ~ A consortium including BlackRock, Nvidia, Microsoft, and xAI announced Wednesday that it will acquire Aligned Data Centers from Macquarie Asset Management in a deal valued at $40 billion. The acquisition marks the first investment by the newly formed Artificial Intelligence Infrastructure Partnership, or AIP, as demand for AI data centers … Read more
NEW YORK — The PlayStation Network (PSN) experienced widespread outages across the United States on Tuesday, leaving thousands of users unable to log in, access multiplayer features, or launch digital games. According to DownDetector, a website that tracks online service interruptions, the outage reports surged shortly after 6 pm Eastern Time, affecting players coast to … Read more
NEW YORK — Wall Street closed mixed Friday as banking stocks rallied on stronger than expected earnings, even as rising US China trade tensions and new port fees rattled global markets. The S&P 500 dipped modestly, the Nasdaq slid, but gains in industrials and financials propped up the Dow. Investors remain cautious of the evolving … Read more
Apple Chief Executive Tim Cook’s latest trip to China this week became a centerpiece for the company’s regional marketing efforts, aligning with the long awaited debut of the iPhone Air. His visit came just as China’s top three telecommunications providers China Mobile, China Unicom and China Telecom secured government approval to begin commercial trials for … Read more
LONDON — British autonomous driving start up Wayve is reportedly in talks with Microsoft and SoftBank to raise as much as $2 billion in fresh funding, a deal that could value the London based company at about $8 billion, according to a report by the Financial Times on Monday. If confirmed, the investment would mark … Read more
Broadcom’s top chip executive on Monday dismissed speculation that OpenAI was the company’s unnamed $10 billion customer, clarifying widespread assumptions that emerged after Broadcom’s September earnings call. Charlie Kawwas, president of the semiconductor solutions group at Broadcom, said during a joint appearance with OpenAI President Greg Brockman on CNBC’s Squawk on the Street that the … Read more
LOS ANGELES — Diane Keaton, the Oscar winning actor celebrated for her roles in Annie Hall, The Godfather, and Something’s Gotta Give, has died at age seventy nine in California, according to a statement released to People magazine on Friday. Her family, through a spokesperson, confirmed the news and requested privacy, saying further details would … Read more
NEW YORK — US stocks tumbled Friday after former President Donald Trump warned of “massive” new tariffs on Chinese imports, wiping out roughly $2 trillion in market value within hours and sending a shockwave through global markets. The S&P 500, which had been near an all time high early in the session, fell 2.7% by … Read more
WASHINGTON — China’s latest move to tighten control over its rare earth exports has reignited economic tensions with the United States, shattering months of fragile calm between the two powers. Beijing announced sweeping restrictions this week on exports that contain even trace amounts of rare earth materials, escalating what analysts describe as a new phase … Read more
WASHINGTON — The United States will host a Qatari Emiri Air Force facility at Mountain Home Air Force Base in Idaho under a new defense cooperation agreement, Defense Secretary Pete Hegseth announced Friday. Speaking alongside Qatari Minister of Defense Sheikh Saoud bin Abdulrahman Al Thani at the Pentagon, Hegseth said the facility will allow Qatari … Read more