Elon Musk said his company xAI was not raising funds “right now” after the startup filed with the U.S. securities regulator to raise up to $1 billion in an equity offering.
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Category: Tech
Facebook owner Meta faces $600 mln lawsuit from Spanish media
A group representing 83 Spanish media outlets has filed a $600 million lawsuit against Facebook owner Meta Platforms.
Read More Facebook owner Meta faces $600 mln lawsuit from Spanish media
Verizon announces Netflix, Max streaming bundle for customers
Verizon said it would offer streaming subscriptions to Netflix and Warner Bros Discovery-owned Max platforms as a bundle to its customers.
Read More Verizon announces Netflix, Max streaming bundle for customers
Tech giants lead surge in global mega-caps as inflation eases
Market capitalizations of global mega-cap companies surged, buoyed by a decline in U.S. yields and growing anticipation of potential rate cuts amid diminishing worries about inflation.
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