Finance
Union Pacific announced Tuesday it will acquire Norfolk Southern for $85 billion in the largest railroad sector deal ever recorded. According to CNN, the stock and cash transaction will create America's first transcontinental freight railroad since the industry began. The deal values Norfolk Southern at $320 per share,
Finance
Samsung Electronics has entered a $16.5 billion semiconductor supply contract with Tesla that will run through December 2033. According to Bloomberg, Samsung initially disclosed the agreement on Monday without naming Tesla as the counterparty, citing confidentiality requirements. Tesla CEO Elon Musk confirmed the partnership on X, revealing that Samsung&
Finance
The Federal Communications Commission approved Skydance Media's $8.4 billion acquisition of Paramount Global on Thursday, July 24, 2025. Deadline reports that the transaction will reshape the media landscape and establish David Ellison as chairman and CEO of the combined company. The deal concludes 245 days of regulatory
Finance
Brazilian President Luiz Inácio Lula da Silva has fired back at Donald Trump's threat to impose 50 percent tariffs on Brazilian goods, defending his country's sovereignty and rejecting what he called inappropriate interference in domestic affairs. CNN reports that Trump announced the punitive measures in a
Finance
According to Business Today, the Indian government has released its National Telecom Policy 2025 (NTP-25), setting a comprehensive roadmap for the country's telecom future. The policy was announced on July 24, 2025, building on the 2018 National Digital Communications Policy. The policy frames six strategic missions aimed at
Finance
The UK's Competition and Markets Authority announced proposals on July 23, 2025, to designate Apple and Google's mobile ecosystems with "strategic market status" that would mandate changes to improve competition. According to Jersey Evening Post, the watchdog found that Apple and Google hold an
Finance
AstraZeneca announced Monday it will invest $50 billion in American manufacturing and research operations by 2030. According to CNBC, the Anglo-Swedish pharmaceutical company plans to build a multi-billion dollar facility in Virginia as the centerpiece of this commitment. The Virginia manufacturing center will produce weight management and metabolic medicines, including
Finance
Microsoft confirmed active attacks targeting on-premises SharePoint servers through a critical zero-day vulnerability. CNBC reports that the flaw allows hackers to gain complete system access and execute malicious code remotely. The vulnerability affects only self-hosted SharePoint installations, not cloud-based Microsoft 365 services. Security researchers first detected the attacks on July
Finance
India will produce its first commercial-scale semiconductor chip in 2025, Union Minister Ashwini Vaishnaw announced at the 14th convocation of IIT-Hyderabad. According to Telangana Today, six semiconductor units are currently under construction across the country. The minister stated that electronics exports have crossed the $40 billion mark, representing an eight-fold
Finance
Nvidia has informed Chinese customers that it possesses limited supplies of H20 chips and does not plan to restart production, according to Yahoo Finance. The chip designer announced earlier this week that it would resume sales of the H20 artificial intelligence processors to China following policy changes by the Trump
Finance
According to TechRadar, Netflix co-CEO Ted Sarandos announced during the company's quarterly earnings call on July 18, 2025 that the streaming platform used generative AI to create visual effects for the first time. The AI technology was used to produce a building collapse scene in "El Eternauta,
Finance
CNBC reports that Taiwan Semiconductor Manufacturing Company delivered a near 61% year-over-year rise in second-quarter profit on Thursday. Net income reached NT$398.27 billion, beating analyst estimates of NT$377.86 billion. Revenue climbed 38.65% from the prior year to NT$933.80 billion, also exceeding expectations of