TeraWulf Inc., a US-based crypto mining firm, is preparing to raise about $3 billion to fund the expansion of its data centres, with Google Inc. backing the transaction. The deal, arranged by Morgan Stanley, is expected to be launched in October through either the high-yield bond or leveraged loan markets. The development comes at a
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2.3KThe UK has launched a new national commission to address the use of artificial intelligence in health care, aiming to attract global investment while ensuring patient safety. The commission brings together doctors, academics, and regulatory experts to design a framework for AI medical devices, with a final version expected in 2026. Tech firms such as
2.9KHackers have exploited vulnerabilities in Cisco Systems’ firewall devices used across US federal agencies, according to officials. The Cybersecurity and Infrastructure Security Agency (CISA) issued an emergency directive on Thursday, ordering civilian agencies to identify and mitigate breaches. The flaws were used to implant malicious code and execute commands, raising fears of stolen data. Cisco
3.5KThe US government is rolling out a bold new plan aimed at shifting the semiconductor industry closer to home. Under this rule, chipmakers will need to produce as many chips inside the country as are imported from overseas, a report by The Wall Street Journal said on Friday. The idea: curb America’s heavy reliance on
1.1KEuropean exchanges kicked off the session strongly on Friday, with London’s FTSE 100 rising to 9,227.08 (+0.14 %), Germany’s DAX opening at 23,629.84 (+0.40 %), and France’s CAC 40 reaching 7,845.82 (+0.65 %) in early trading. These gains come as investors in Europe recalibrate their expectations in light of new US tariffs targeting pharmaceuticals, heavy
4.1KChinese autonomous driving developer Momenta is weighing a change in its listing plans, with the company considering Hong Kong as the venue for its initial public offering instead of New York, Reuters said in a report, citing sources. The move would add Momenta to a growing list of Chinese firms looking to raise capital closer
4.1KIn 2025, a spate of high-impact cyberattacks struck prominent UK companies—Co-operative Group (Co-op), Marks & Spencer (M&S) and Jaguar Land Rover (JLR) among them—disrupting operations, exposing customer data, and triggering heavy financial losses. These breaches reveal emerging attack strategies, gaps in corporate defences, and how cyber risk can now ripple across supply chains and national
4.2KAsian equity markets retreated on Friday, pressured by renewed concerns over US trade policy and uncertainty around the path of interest rates. The declines followed the Trump administration’s announcement of a sweeping new round of tariffs, including 100 percent duties on imported branded pharmaceuticals, 25 percent on heavy-duty trucks, and 50 percent on kitchen cabinets.
4.5KIn a landmark move that draws a sharp new line in the global battle over digital privacy, Meta Platforms Inc. is set to launch paid, ad-free versions of Facebook and Instagram in the United Kingdom. The decision marks a major strategic victory for the social media giant, which has found a willing partner in a
2.6KFederal prosecutors preparing to seek an indictment against former FBI Director James Comey for allegedly lying to Congress have just days left before the statute of limitations expires — one of several hurdles the Justice Department faces in pursuing its case against Comey. The case against Comey, at least for now, centers on the remarks
