Oracle to Raise Up to $50 Billion For Cloud Expansion
Oracle said Sunday it plans to raise between $45 billion and $50 billion this year through a mix of debt and equity to fund the rapid expansion of its cloud computing business. Oracle said the funds w...
Nomura Posts Crypto Losses—But That’s Only Half the Story
Japan’s largest brokerage, Nomura, disclosed on January 30 that its crypto subsidiary, Laser Digital, posted losses in the October–December quarter. The firm has reduced cryptocurrency positions a...
Apple Loses More AI Researchers to Meta and Google
Apple has reportedly lost at least four AI researchers recently to its big tech rivals.
These departures include Yinfei Yang, Haoxuan You, Bailin Wang and Zirui Wang, Bloomberg News reporte...
India Proposes 20-Year Tax Holiday for Cloud Companies
India is reportedly offering foreign cloud companies a 20-year tax amnesty for building data centers there.
The proposal, announced Sunday (Feb 1) by India’s finance minister Nirmala Sith...
Every Bitcoin and Crypto Revelation in the Epstein Files
The newly unsealed Epstein files, released on January 30, shed light on his surprising proximity to cryptocurrency founders, investors, and projects during the industry’s formative years.
The d...