
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans
Dec 11, 2025 03:59 am UTC| Business Technology
Elon Musk signaled that SpaceX is moving closer to a long-anticipated initial public offering, confirming on Wednesday that reports of an upcoming IPO were accurate. His response came after Ars Technica editor Eric Berger...

Nvidia Develops New Location-Verification Technology for AI Chips
Dec 11, 2025 02:45 am UTC| Business Technology
Nvidia has confirmed the development of a new location-verification technology designed to help identify the country where its AI chips are being used, a move aimed at curbing the smuggling of advanced processors into...

EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute
Dec 10, 2025 09:19 am UTC| Business Technology Law Governance
The General Court of the European Union has significantly reduced Intels antitrust fine, lowering it from the previously imposed 376 million to 237.1 million ($438 million to $276 million). The ruling, issued Wednesday,...

Dec 10, 2025 03:13 am UTC| Business Technology Politics Governance
China has taken a major step to reinforce its domestic semiconductor industry by adding locally developed artificial intelligence chips to an official government procurement list for the first time, according to a report...

Samsung SDI Secures Major LFP Battery Supply Deal in the U.S.
Dec 10, 2025 03:01 am UTC| Business
Samsung SDI announced that its U.S. subsidiary, Samsung SDI America, has signed a multiyear agreement to supply lithium iron phosphate (LFP) batteries to a major U.S.-based energy infrastructure company. The deal, valued...

Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations
Dec 10, 2025 03:00 am UTC| Business
Canadian leisure airline Air Transat has reached a tentative labor agreement with its pilots, preventing a potential strike that threatened to disrupt travel across its international network. The airline and the Air Line...

ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines
Dec 10, 2025 02:57 am UTC| Business Economy
The Asian Development Bank (ADB) has approved a $400 million policy-based loan designed to support the Philippines push to improve its business environment and attract more foreign investment. Although the country remains...