California’s massive pension fund CalPERS is voting against making Elon Musk the world’s first trillionaire. The November 6th shareholder showdown could determine Tesla’s future leadership and corporate governance direction.
The UK’s fiscal watchdog is cutting productivity forecasts by 0.3 percentage points, creating a £20 billion+ budget shortfall. This comes as Chancellor Rachel Reeves faces multiple economic headwinds including global trade tensions and rising borrowing costs.
Oracle Corporation is closing in on a landmark $38 billion debt offering to accelerate its data center development across the United States. The financing would support major campus projects in Texas and Wisconsin as part of the company’s expanding AI infrastructure partnership with OpenAI. This represents the largest debt package ever associated with artificial intelligence infrastructure development.
Oracle is reportedly close to finalizing a $38 billion debt offering to fund its expanding data center operations in Texas and Wisconsin, according to sources familiar with the matter. The financing package, which would be the largest debt arrangement associated with AI infrastructure to date, signals Oracle’s aggressive push into the competitive cloud and artificial intelligence markets.
Microsoft is reportedly pushing its Xbox game studios to achieve 30% profit margins, far exceeding industry standards. This aggressive target comes as the company maintains third place in the console market behind Nintendo and PlayStation.
Microsoft is reportedly pushing its internal Xbox game studios to achieve profit margins significantly above industry averages, according to a recent Bloomberg report. Sources indicate the company is targeting 30% profit margins for many of its development teams, a substantial increase from current gaming industry standards.
The UK’s Competition and Markets Authority has designated Apple and Google as strategic market gatekeepers, citing their control over mobile operating systems and app stores. The decision marks the second set of designations under new digital competition rules that grant the regulator enhanced enforcement powers.
The UK’s Competition and Markets Authority has expanded its digital market oversight by designating both Apple and Google as strategic market gatekeepers, according to reports. The designation specifically targets the companies’ control over mobile operating systems, app stores, and web browsers – areas that sources indicate have created what the CMA describes as a near-duopoly in key digital markets.
The AI-Driven Compensation Milestone Microsoft’s ambitious artificial intelligence strategy has translated into unprecedented financial rewards for CEO Satya Nadella, with…
Apple’s Ambitious Foldable iPad Project Hits Significant Roadblocks Apple’s highly anticipated entry into the large-format foldable device market has encountered…
The SEC’s corporate filing system experienced technical difficulties preventing the display of disseminated filings on SEC.gov. The issues occurred while the regulator was operating with a skeleton crew during the government shutdown. Officials confirmed the system has since returned to normal operation.
The U.S. Securities and Exchange Commission‘s EDGAR corporate filings database experienced intermittent technical issues Monday, reportedly preventing the display of disseminated filings on the regulator’s official website. According to reports, a notice posted on SEC.gov indicated that “submissions that have been accepted may not be reflected on SEC.gov” due to the display problems.
Federal Gridlock Freezes Capital Markets The ongoing US government shutdown has created a critical 20-day dilemma for companies awaiting regulatory…
Massive Infrastructure Investment Reshapes Tech Landscape In a landmark move that signals a new era for technology infrastructure funding, Meta…
