The U.S. government is set to acquire a 10% equity stake in Intel, marking a major strategic intervention in the domestic semiconductor industry. The deal converts previously awarded government grants into ownership, ensuring Intel receives nearly \$10 billion in funds to expand and modernize its...

China Evergrande Group’s formal removal from the Hong Kong Stock Exchange marks a dramatic milestone in a saga that has stretched over half a decade, but it does not settle the central question for many stakeholders: will investors ever recover meaningful value from the ruins of a company that once...

Keurig Dr Pepper (KDP) has moved decisively to reshape its future with an all-cash offer to acquire Dutch coffee giant JDE Peet’s for about €15.7 billion (roughly $18.4 billion). The deal — which values JDE Peet’s at €31.85 per share and will be followed by a planned split of the combined business...

Pop Mart, the Beijing-based maker of the toothy “Labubu” designer doll, has turned a viral collectible into a blockbuster financial performance: the company reported a nearly 396.5% jump in net profit in the first half of 2025, alongside more than a 200% rise in revenue. The results show how a...

Intel has accepted a $2 billion equity investment from SoftBank in a move that underlines how far the once-dominant chipmaker has fallen — and how precarious its path back to competitiveness remains. The infusion, sold at $23 a share and set to make SoftBank a significant minority holder, buys...

Samsung’s gains in the U.S. smartphone market this year mark the clearest challenge to Apple’s long-running dominance. A sharp rise in shipments, the mainstreaming of foldable devices, aggressive product breadth across price tiers, and rapid integration of next-generation software features have...

Chinese retailer Shein’s British arm reported a sharp rise in 2024 sales, reaching roughly $2.8 billion, propelled by a combination of lightning-fast product cycles, deep discounting, broadening product ranges and intensified local marketing that converted online traction into sustained purchase...

WhatsApp has accused Russian authorities of deliberately blocking its voice and video calling features, warning that millions of users are losing access to a core form of encrypted communication. The messaging giant says the move is part of a broader strategy by Moscow to tighten control over the...

Apple is reintroducing a redesigned Blood Oxygen feature to certain Apple Watch models sold in the United States, deploying a software update that shifts measurement processing to the user’s paired iPhone. The move — enabled by a recent U.S. customs determination — is designed to restore a flagship...

CoreWeave, one of the fastest-growing AI cloud computing providers, delivered a blowout second-quarter revenue performance that exceeded Wall Street expectations by a wide margin, underscoring the seismic shift artificial intelligence is having on the global cloud industry. While the company’s...

Nvidia and AMD’s agreement to remit 15% of revenue from certain chip sales into a U.S. government arrangement marks an unusual and strategic concession in the intersection of national security policy and global commerce. The deal — negotiated as part of export licensing for high-performance...