Today: May 24, 2026
Online Edition
The news that Sony is in talks to buy Kadokawa, the Japanese media powerhouse behind the Elden Ring game, has stirred up strong emotions among gamers. Some fear a loss of choice due to corporate consolidation, while others express optimism for increased resources and remasters of beloved titles. Sony already has a 2% stake in Kadokawa and an interest in From Software, the developer of Elden Ring, the company’s most significant success, with 25 million units sold as of June
Nomura has said that the U.S. Federal Reserve is no longer expected to cut interest rates at its December policy meeting, making it the first global brokerage to signal a pause in the central bank’s rate-cutting cycle in the wake of Donald Trump’s election win. Nomura now expects the Fed to deliver only two 25-basis-point (bp) rate reductions at its March and June meetings in 2025, leaving the brokerage’s Fed funds rate projection unchanged at 4.125% through next year. The
Nvidia, a leading chipmaker, and SoftBank Corp, the telecommunications division of SoftBank Group, have successfully piloted the world’s first AI and 5G telecom network. This innovative system is capable of running AI and 5G workloads simultaneously, a process called an artificial intelligence radio access network (AI-RAN). This breakthrough could open up billions in new revenue opportunities for telecom companies. The network utilizes Nvidia’s AI Aerial accelerated computing platform. The companies say it can accelerate generative AI, deep learning, and machine
Nvidia’s stock surged to an all-time high on Thursday, making the chipmaker the first company ever to exceed a $3.6 trillion market value, as Wall Street continued its rally fueled by Donald Trump’s return to the White House. The A.I. chip leader saw its shares climb 2.2%, driven by investor optimism surrounding potential tax cuts and deregulation following the Republican candidate’s victory on Tuesday. Nvidia’s stock surge was largely propelled by the increasing demand for GPU chips used in artificial
The cryptocurrency market has experienced a rollercoaster ride in recent years. While some coins have skyrocketed in value, others have plummeted, leaving investors to navigate a landscape rife with opportunity and risk. Enter Crypto30x.com, a platform designed to empower investors by identifying high-growth crypto projects with the potential for explosive returns. Focus on Exponential Growth Unlike traditional investment platforms, Crypto30x.com doesn’t just focus on established cryptocurrencies. It zooms in on emerging projects with the potential to increase value by
Singapore Airlines (SIA) reported a decline in half-year earnings on Friday, impacted by intense competition and rising costs. However, the airline expects to record a S$1.1 billion ($832.45 million) gain once the Air India-Vistara merger is finalized. SIA also revealed plans to redeem all its outstanding mandatory convertible bonds (MCBs), totaling S$9.7 billion. For the six months, SIA’s revenue increased by 7.1% year-on-year to S$9.50 billion. However, passenger revenue fell by 6.6% due to expanded capacity, which led to a
The $19 billion merger between Vodafone and Hutchison’s Three UK is expected to receive regulatory approval, as the UK’s need for investment is deemed more pressing than immediate competition issues, according to Britain’s antitrust regulator. On Tuesday, the Competition and Markets Authority (CMA) stated that it would address its competition concerns if the companies agree to deploy 5G on their current networks within two years, implement short-term measures to protect customers from price increases, and allocate funds to enhance network
The acquisition of Air Transport Services Group clearly indicates Stonepeak’s unwavering commitment to investing in critical infrastructure. This New York-based investment firm, with its strategic vision, sees the logistics sector as increasingly important due to the growing popularity and complexity of online shopping. Its pursuit of ATSG is not just a business move, but a strategic alignment with Stonepeak’s broader mission of investing in critical infrastructure. The company, founded in 1980 and headquartered in Wilmington, Ohio, offers aircraft leasing and
Sierra, an AI-focused software startup co-founded by former Salesforce co-CEO Bret Taylor, announced on Monday that it raised $175 million in a new funding round led by Greenoaks Capital, boosting its valuation to $4.5 billion. This financing comes within a year of Sierra’s public launch, marking Taylor as one of Silicon Valley’s most closely watched entrepreneurs. Sierra specializes in enhancing AI-driven customer service for clients like WeightWatchers and Sirius XM. Sources familiar with the company’s performance reported to Reuters earlier
Alternative fund manager KKR reported a 58% jump in adjusted net income for the third quarter of 2024, driven by record-high fee-related income. The New York-based firm said on Thursday that after-tax distributable earnings (ANI) rose to $1.2 billion in the July-September quarter, or $1.38 per adjusted share, ahead of the average analyst estimate of $1.21, according to LSEG data. ANI includes management, transaction, performance fees, and profits from the firm’s insurance business. During the quarter, KKR saw returns on