Business

SoftBank Group logo on sign
SoftBank Seeks $10 Billion OpenAI Loan

SoftBank Group is seeking another $10 billion loan to finance its large investment in OpenAI.…

Starlink satellite over Earth
TDRA Grants Starlink UAE Satellite Internet License

The UAE has granted Starlink a 10-year license to provide satellite broadband internet services nationwide.…

CUSP Wealth Fatwa certification
Investment Platforms with a Fatwa. What Does It Actually Mean?

For most investors, it’s a word they’ve heard. CUSP Wealth explains what it means in…

Alibaba Hong Kong share sale
Alibaba Shares Fall After $10 Billion Share Sale

Alibaba shares fell sharply in Hong Kong on Monday after the Chinese technology group finalised…

SoftBank Group executive at podium
SoftBank Plans Record ¥1 Trillion Bond Sale

SoftBank Group plans to issue ¥1 trillion in yen-denominated retail bonds in Japan. The planned…

Ooredoo Takatuf partnership handshake
Ooredoo Partners Takatuf to Enhance Employee Experience

Ooredoo Oman has partnered with Takatuf Oman to strengthen its human resources practices and improve…

Google sign surrounded by flowers
Google Buys Spirit Airlines Data for $10 Million

Google has won a bankruptcy auction for Spirit Airlines’ internal business data and technology assets…

SpaceX rocket at launch facility
Alphabet’s SpaceX Investment Soars to $94 Billion

Alphabet’s decade-old investment in SpaceX has become one of its most valuable disclosed holdings. The…

OpenAI executive at technology event
OpenAI Revenue Run Rate Tops $40 Billion

OpenAI’s annualized revenue run rate has surpassed $40 billion, according to a Bloomberg report, marking…

Alibaba headquarters building exterior
Alibaba Launches Paid Tiers for Qwen AI

Alibaba has introduced paid tiers for the office assistant inside its Qwen AI app, as…