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News
Investors brace for possible rate hike at uncertain Fed meeting
1+ day, 11+ hour ago (782+ words) Bets increased that the Federal Reserve will hike by a quarter percentage point after data showed consumer inflation picked up in August. NEW YORK: Investors head into next week's Federal Reserve (Fed) meeting bracing for the central bank to raise…...
Microsoft plans 38 gigawatts of data center capacity by 2032, Bloomberg News reports
2+ day, 11+ hour ago (195+ words) Sept 10: Microsoft plans to build out its data-center capacity to about 38 gigawatts by 2032, more than triple its current footprint, Bloomberg News reported on Thursday, citing people familiar with the matter. • According to the report only about 2 gigawatts of the company's…...
Tencent-backed Enflame surges 188% in Shanghai debut after $912 million IPO
2+ day, 21+ hour ago (142+ words) People walk past the Enflame booth during the World Artificial Intelligence Conference (WAIC) in Shanghai, China, July 17, 2026. REUTERS/Go Nakamura HONG KONG/SHANGHAI, Sept 11: Chinese artificial intelligence chipmaker Shanghai Enflame Technology opened 188 per cent higher in its Shanghai debut on…...
Silver Lake, Intel-backed Altera prepares IPO that could raise over $2 billion as early as 2026, sources say
2+ day, 13+ hour ago (524+ words) Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration (refiles to correct date in dateline to Sept 10; no changes to story text) By Milana Vinn and Echo Wang…...
Starlink rival Eutelsat plans OneWeb expansion after €1 billion satellite order
2+ day, 18+ hour ago (304+ words) Sept 10: Satellite operator Eutelsat said on Thursday it will replenish and expand its OneWeb network through 2034 after the Franco-British operator signed a deal with Airbus for 229 additional low Earth orbit satellites. The new order, representing an investment of €1 billion ($1.16 billion),…...
House Democrat urges US action over sleeping Tesla drivers
2+ day, 16+ hour ago (383+ words) WASHINGTON, Sept 10: A Democratic lawmaker called on a U.S. auto safety agency on Thursday to take action to address misuse of Tesla’s Autopilot and Full Self-Driving systems, citing dozens of videos that appear to show drivers asleep or disengaged from driving....
Volvo Cars to become Lynk & Co's European distributor starting 2027
2+ day, 21+ hour ago (128+ words) A man films the interior of a Lynk & Co 10 electric vehicle (EV) at the Beijing International Automotive Exhibition (Auto China), in Beijing, China April 24, 2026. REUTERS/Tingshu Wang BEIJING, Sept 10: Volvo Cars will become the exclusive distributor for Lynk & Co cars…...
Aerospacelab wins €2.4 billion deal to build majority of IRIS² satellites
2+ day, 21+ hour ago (188+ words) Sept 10: Belgium's Aerospacelab said on Thursday it had won a €2.4 billion ($2.8 billion) contract to build 264 satellites for the European Union's IRIS² network, which is due to offer secure communications for governments, security agencies and commercial users by 2030. Aerospacelab said it would…...
Nasdaq to invest $100 million in Kraken parent to deepen tokenization push - CNA
2+ day, 21+ hour ago (184+ words) Sept 10: Nasdaq said on Thursday its venture arm agreed to invest $100 million in Payward, parent company of cryptocurrency exchange Kraken, deepening a partnership aimed at developing infrastructure for trading tokenized equities. • Nasdaq said the companies aim to build infrastructure that…...
Thales Alenia Space signs €500 million deal with Eutelsat for IRIS² satellite payloads
2+ day, 23+ hour ago (203+ words) The logo of European satellite operator Eutelsat is displayed at the company’s headquarters in Issy-les-Moulineaux, near Paris, France, March 30, 2026. REUTERS/Gonzalo Fuentes Sept 10: Aerospace group Thales Alenia Space has signed an agreement with satellite operator Eutelsat to supply government payloads…...