AI Startup Expands by Acquiring Consumer Apps to Pay Users for Data Contributions
Mode Inc is growing its reach through acquisitions, aiming to pay everyday users for sharing personal data like emails and photos to train artificial intelligence.
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IREN Expands Into Europe with Acquisition of Spanish AI Data Center Developer
Bitcoin miner IREN acquires Nostrum Group in Spain, securing 490 MW of power to boost its AI cloud infrastructure and strengthen its European presence.
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Centene’s Workforce Reduction Plan Raises Concerns About Impact on Medicaid and Medicare Services
Centene offers buyouts to most employees amid membership losses, prompting questions about potential layoffs and effects on millions relying on its government-backed insurance.
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SpaceX Centralizes Financial Disclosures on Its Website and X, Cutting Traditional Channels
SpaceX will publish all earnings reports and material news exclusively on its own website and X, bypassing traditional wire services amid intense scrutiny of its $85.7 billion IPO.
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Microsoft Faces Shareholder Lawsuit Over AI Investment Disclosure and Cloud Growth Claims
Shareholders have filed a lawsuit against Microsoft, accusing the company of misleading investors about Azure’s growth slowdown and the costs of AI infrastructure investments.
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SpaceX Secures Nearly $86 Billion in Record-Breaking IPO Backed by Major Investors
SpaceX completed the largest IPO in history, raising close to $86 billion as top underwriters exercised their share overallotment, signaling strong investor confidence.
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DOJ Halted Paramount-Warner Merger Probe Before Staff Could Advise Against It
The Justice Department’s political leadership stopped the antitrust investigation into Paramount’s acquisition of Warner Bros. Discovery before career lawyers completed their review or formally recommended a lawsuit.
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Elon Musk Surpasses $1 Trillion Net Worth Following SpaceX’s Nasdaq IPO
Elon Musk became the world's first trillionaire as SpaceX’s stock soared on its Nasdaq debut, highlighting his diverse holdings and raising questions about the company's ambitious revenue forecasts.
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Xbox Faces Major Layoffs and Possible Closure of Compulsion Games Studio
New reports indicate Xbox will undergo significant layoffs, with the studio behind South of Midnight, Compulsion Games, reportedly set to close amid ongoing internal negotiations.
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Samsung Considers BOE OLED Panels for Galaxy S27 Base Model Amid Cost Pressures
Facing rising memory chip prices, Samsung may use Chinese BOE OLED displays for the base Galaxy S27, risking quality issues such as green display lines.
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Nvidia Seeks $20 Billion Bond Offering to Fuel AI Chip Development
Nvidia plans to raise $20 billion through U.S. bonds to support AI chip production and refinance existing debt amid rising AI industry investments.
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Hawkins Way Capital Boosts Student Housing Holdings with $80 Million Upper West Side Acquisition
Hawkins Way Capital has purchased a 382-unit student housing property on Manhattan’s Upper West Side for $80 million, expanding its portfolio in the competitive New York student housing market.