Tag: billion
Saudi’s $1.2 Billion Barloworld Offer Gets Glass Lewis, ISS Nod
Barloworld Ltd. shareholders should accept a takeover offer for the Caterpillar-equipment distribution business in Africa because it’s a good deal, according to recommendations by two proxy advisory companies. Author of the article: Bloomberg News Loni Prinsloo Published Feb 12, 2025 • 2 minute read Caterpillar Inc. machinery. Photo by Angus Mordant /Bloomberg (Bloomberg) — Barloworld
FEC approved about N10.3 billion for the procurement of antiretroviral drugs for HIV treatment, diabetes diagnostic kits
The Federal Executive Council (FEC) on Wednesday, approved about N10.3 billion for the procurement of antiretroviral drugs for HIV treatment, diabetes diagnostic kits, and other essential health commodities. Minister of Health and Social Welfare, Dr Ali Pate, who briefed State House correspondents on the approvals, noted that the move is aimed at enhancing the accessibility
Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
Financial technology startup Ramp is letting some employees and early investors cash out in a new deal that values the company at $13 billion. The New York company announced the $150 million deal Monday. Khosla Ventures, Thrive Capital and General Catalyst were among the entities that bought shares in the round. The financing marks a
Goldman says AI could be a $200 billion game changer for China markets. But here’s why investors shouldn’t rush in.
China stocks are starting to feel the benefits of AI, but Goldman Sachs says there are reasons not to rush in...
6 billion Bitcoin transactions on BSV blockchain—expect more
The BSV blockchain processed its 6 billionth transaction this week, less than a month after hitting the 5 billion mark—and the more amazing part? Bitcoin's "Teranode era" begins. The post 6 billion Bitcoin transactions on BSV blockchain—expect more appeared first on CoinGeek...
Boavista slam ₦9.6 billion price-tag on Super Eagles star amid from Trabzonspor
Soccer
Portuguese club Boavista have slapped a hefty ₦9.6 billion price-tag on Super Eagles defender Bruno Onyemaechi, amid interest from Trabzonspor, Soccernet.ng reports.
Onyemaechi has...
$1 Billion Class Action Lawsuit for FTX Shills
Reading Time: 2 minutes FTX shillers have been hit with a $1 billion class action lawsuit The class action targets YouTube primarily, with some big names impacted The lawsuit accuses them of “misrepresentations and omissions” A class action lawsuit has been filed against a group of internet influencers by a consortium of investors who had
JD kicks off $1.4 billion subsidy program
Chinese e-commerce giant JD kicked off its RMB 10 billion ($1.4 billion) subsidy campaign at midnight on March 6, intensifying a price war with rival Pinduoduo. The discounts, which were rolled out 20 hours ahead of schedule, apply to all categories sold by JD’s self-operated stores and third-party merchants...
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Martin
Martin Scorsese has officially joined the AI camp and it’s not what anyone expected
Martin Scorsese has partnered with AI startup Black Forest Labs to use generative AI for storyboarding Martin Scoresese Everett Collection / Shutterstock.com Hollywood’s complicated romance with artificial intelligence just got a whole lot more interesting. Martin Scorsese, the 83-year-old director behind Goodfellas, Raging Bull, and The Departed, has signed on as a partner and adviser
quietly
Trump quietly signs a downsized AI executive order asking companies to voluntarily submit models for review 30 days before release
President Trump signed an executive order on Tuesday establishing a voluntary framework for government review of frontier AI models before public release, ending weeks of internal White House conflict over how aggressively to regulate the technology. The order, titled “Promoting Advanced Artificial Intelligence Innovation and Security,” was signed privately without the usual livestream or public ceremony, a
introduce
Poland will introduce a “sovereignty test” for government tech purchases as Tusk warns AI dependency has reached dangerous proportions
TL;DR Polish PM Donald Tusk announced a “sovereignty test” for significant government technology purchases and annual IT independence reports, warning that Poland’s dependency on foreign digital infrastructure demands urgent policy action. Polish Prime Minister Donald Tusk has announced that Poland will introduce a “sovereignty test” for significant government purchases of technology solutions, warning that the
businesses
How small businesses can leverage AI
Case study Sam Finnegan-Dehn works in fundraising for a charity, but he moonlights as a math and philosophy tutor for university students from his home in London. Through this part-time business, he can leverage his degrees in philosophy and share his love of the subject with clients. But meeting with students is only a fraction
Business News
Deezer Latest Earnings Report Is Mostly Uninteresting. But Buried In the Financials Is a Curious AI Detection Deal
Music Photo Credit: DeezerMusic Deezer reports lower revenues and...