
Uber to Acquire Delivery Hero in $14.8 Billion Deal to Expand Global Food Delivery Business
Jul 16, 2026 08:21 am UTC| Business
Uber Technologies (NYSE: UBER) has agreed to acquire Germany-based Delivery Hero AG (ETR: DHER) in a deal valued at approximately $14.8 billion, strengthening the ride-hailing companys global food delivery business as...

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares
Jul 16, 2026 05:28 am UTC| Business Technology
Alibaba and Baidu shares rallied on Thursday after Apple secured regulatory approval to introduce its Apple Intelligence platform in China, a major step toward expanding its artificial intelligence services in one of the...

Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan
Jul 16, 2026 05:22 am UTC| Business Technology
Nvidia is strengthening its presence in Japan through new partnerships with leading industrial automation companies, including Fanuc and Yaskawa Electric, as the chip giant pushes to accelerate the adoption of artificial...

Airbus Signs Cloud Deal With Scaleway to Power Secure AI and Defense Applications
Jul 16, 2026 05:20 am UTC| Business
Airbus has signed a multi-year agreement with French cloud provider Scaleway to support secure cloud infrastructure for sensitive industrial and defense workloads, strengthening its European artificial intelligence...

Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy
Jul 16, 2026 04:47 am UTC| Business Technology
Hyundai Motor has announced plans to acquire SoftBank Groups remaining stake in Boston Dynamics, giving the South Korean automaker full ownership of the robotics company as it expands its artificial intelligence and...

Eli Lilly Eyes AtaiBeckley Acquisition to Expand Psychedelic Mental Health Pipeline
Jul 16, 2026 01:47 am UTC| Business Health
Eli Lilly (NYSE: LLY) is reportedly in advanced discussions to acquire psychedelic drug developer AtaiBeckley, a move that could significantly strengthen the pharmaceutical giants neuroscience portfolio. According to a...

Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks
Jul 16, 2026 01:20 am UTC| Business Technology Insights & Views
JPMorgan Chase CEO Jamie Dimon has warned that Anthropics advanced Mythos artificial intelligence model presents significant national security risks, highlighting growing concerns over the potential misuse of powerful AI...