Elliott Investment Management reached a settlement with online market place Etsy that hands a board seat to the activist investment firm, the two sides said on Thursday.
Tracking how Big Tech is moving into the European Union’s financial services sector is challenging, but it currently does not pose a threat to financial stability, the bloc’s financial watchdogs said on Thursday.
Ukraine’s state computer emergency response team CERT-UA said on Thursday around 2,000 computers had been affected in the recent cyber attack on an unnamed state-run company.
SiriusXM forecast full-year revenue below analysts’ estimates on Thursday as the satellite radio company deals with an uncertain advertising market and stiff competition.
Tata Group is in advanced talks with Taiwan’s Pegatron to form a partnership to run an iPhone assembly plant the Indian company is building in the southern state of Tamil Nadu, two sources with direct knowledge of the matter said on Thursday.
Trane Technologies surpassed quarterly profit estimates on Thursday, buoyed by higher demand for its heating and air-conditioning systems in commercial buildings across the Americas and EMEA segments.
Neuralink rival Synchron said on Thursday it has acquired an equity stake in medical component maker Acquandas, as it looks to improve manufacturing operations of its brain implant.
Indian digital payments firm Paytm lost a fifth of its market value on Thursday after the central bank ordered its payment bank to halt its business, threatening the company’s path to profitability and the app it relies on.
Cadence Design Systems on Thursday said it has designed a new artificial intelligence (AI) supercomputer system that can be used to simulate how air flows over jets and other gear as its competition with Ansys heats up.
South African pay TV company MultiChoice Group and U.S. media conglomerate Comcast’s NBCUniversal Media will invest about $177 million in Showmax’s video streaming platform during its current financial year, they said on Thursday.
