French technology company Atos (ATOS.PA) reached an agreement in principle with its creditors overnight to restructure its debt, French business newspaper Les Echos said on Sunday.
Israeli tech startups raised $2.9 billion in the second quarter of 2024, the highest level in two years, IVC Data and Insights and LeumiTech said on Sunday, showing that the sector’s cash-raising ability remains robust despite Israel’s war with Palestinian Islamist group Hamas.
Beijing Tianbing Technology Co said on Sunday that the first stage of its Tianlong-3 rocket under development had detached from its launch pad during a test due to structural failure and landed in a hilly area of the city of Gongyi in central China.
South Korea’s SK Hynix , the world no.2 memory chip maker, will invest 103 trillion won ($74.6 billion) through 2028 to strengthen its chips business, focusing on AI, its parent SK Group said on Sunday.
Starliner, which has been docked to the ISS since June 6 after ferrying its first crew of astronauts there, had its test mission drawn out after issues involving its thrusters and leaks of helium, which is used to pressurize the thrusters.
A Reuters investigation found Foxconn has systematically excluded married women from jobs at its main India iPhone plant on the grounds that they have more family responsibilities than single women.
A federal judge ruled late Friday that the majority of a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, the world’s largest cryptocurrency exchange, can proceed.
The unstoppable march of the mega caps, sloth-like central bank pivots, political palpitations aplenty and M&A is back – the first half of 2024 has been another whirlwind in world markets.
Amazon.com hired away artificial intelligence startup Adept’s co-founders and some of its team in a move that echoes one by rival Microsoft , as it seeks to battle a perception that it is playing catch-up in AI.
