

Microsoft Considers Legal Action Over Amazon-OpenAI Cloud Deal
Microsoft is considering legal action against its partner OpenAI and Amazon regarding a USD 50 billion deal. This action stems from concerns the agreement could violate Microsoft’s exclusive cloud arrangement with OpenAI, the creator of ChatGPT.
3 hours ago2 min read


Banks Initiate Loan Sale for Electronic Arts Buyout
A JPMorgan-led group of banks has begun marketing a USD 5.75 billion loan to investors. This loan is intended to help finance the leveraged buyout of Electronic Arts, a video game publisher.
2 days ago1 min read


Moonshot AI Seeks USD 1 Billion, USD 18 Billion Valuation
Moonshot AI seeks to raise as much as USD 1 billion in an expanded funding round. This would value the Chinese start-up at approximately USD 18 billion, more than quadrupling its valuation in three months. The move highlights growing interest in Chinese artificial intelligence developers.
3 days ago2 min read


Adobe CEO to Depart as AI Reshapes Software Landscape, Shares Fall
Adobe's long-serving Chief Executive Officer Shantanu Narayen will exit his role once a successor is appointed, the design software maker announced. Following the news, the company's shares experienced a decline of more than 7% in extended trading. This announcement reignited investor concerns regarding Adobe's strategic direction amid significant disruption from artificial intelligence (AI).
6 days ago2 min read


Nvidia Pours USD 2 Billion into AI Cloud Firm Nebius
Nvidia will invest USD 2 billion in AI cloud company Nebius. This adds to the leading chipmaker's expanding list of investments in artificial intelligence firms, and data centre infrastructure.
Mar 122 min read


Nio Forecasts Delivery Surge After Reporting First Quarterly Profit
Chinese electric vehicle (EV) maker Nio has forecast a surge of up to 97% in first-quarter deliveries. This projection underscores a turnaround after the company posted its first-ever quarterly profit. The growth defies a slowdown that has impacted most of its domestic rivals. Credit: UNSPLASH Nio expects to deliver 80,000 to 83,000 vehicles in the first quarter of 2026, marking a year-on-year increase of between 90% and 97%. This growth projection goes against the trend seen
Mar 112 min read


CATL Profit Surges, Global Market Share Rises to All-Time High
Contemporary Amperex Technology Ltd (CATL) reported a 42% jump in net profit last year to US$10.4 billion, driven by strong battery sales and expansion into new energy storage scenarios. The Chinese battery giant’s global market share for power battery usage reached 39.2% in 2025, solidifying its position as the world’s top manufacturer for the ninth consecutive year.
Mar 102 min read


Online Travel Stocks Rise as OpenAI Shifts Strategy
Shares of online travel agencies surged following reports that OpenAI is scaling back plans to integrate direct bookings into ChatGPT. This development eases investor fears that artificial intelligence chatbots could eventually bypass travel intermediaries.
Mar 61 min read



















