
Elon Musk Becomes World's First Trillionaire After SpaceX IPO Surge
Jun 15, 2026 04:44 am UTC| Business Technology
Elon Musk has become the worlds first trillionaire, further cementing his status as one of the most influential entrepreneurs of the modern era. The milestone follows the highly successful initial public offering (IPO) of...

Sigma Healthcare Shares Jump After Exiting Boots Acquisition Process
Jun 15, 2026 04:35 am UTC| Business
Sigma Healthcare (ASX: SIG) shares surged on Monday after the Australian healthcare and pharmaceutical distribution company announced it had withdrawn from the sale process for Britains The Boots Group. The decision came...

Australia’s Atlas Arteria Rejects IFM Global’s Increased A$7.4 Billion Takeover Offer
Jun 15, 2026 04:28 am UTC| Business
Atlas Arteria (ASX: ALX) has once again urged shareholders to reject a revised takeover proposal from IFM Global Infrastructure Fund, arguing that the latest offer still fails to reflect the true value of the Australian...

Woodside Energy Denies Exxon Mobil Takeover Talks Amid LNG Growth Focus
Jun 15, 2026 04:22 am UTC| Business
Australias largest independent gas producer, Woodside Energy Ltd (ASX: WDS), has firmly denied reports suggesting it is engaged in takeover discussions with U.S. energy giant Exxon Mobil Corp (NYSE: XOM). In a statement...

ByteDance Eyes Iluvatar, Baidu AI Chips Amid China’s AI Push
Jun 15, 2026 04:09 am UTC| Business Technology
ByteDance, the parent company of TikTok, is reportedly in discussions to purchase artificial intelligence (AI) chips from Shanghai-based Iluvatar CoreX and is also evaluating AI semiconductor products from Baidus chip...

UK Banks Report Surge in APP Fraud Losses as Pressure Mounts on Meta and Tech Platforms
Jun 14, 2026 23:52 pm UTC| Business Technology
Britains banking sector recorded a sharp rise in losses linked to authorized push payment (APP) fraud in 2025, highlighting growing concerns over online scams and increasing calls for stronger accountability from...

SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead
Jun 14, 2026 22:07 pm UTC| Business Technology Insights & Views
SpaceX stock (NASDAQ: SPCX) has received an optimistic initiation from Wolfe Research, which assigned a $175 price target shortly after the company completed what is being described as the largest IPO in history. The...