Month: November 2024

Databricks raises billions in funding, delays IPO amid AI boom
Databricks, one of the world’s most valuable private technology companies, is raising billions of dollars in new funding as it chooses to delay its long-awaited…

Ferrari’s unique position protects it from potential tariff problems in the automotive sector
As President-elect Donald Trump renews his calls for high tariffs on imports from China, Canada and Mexico, the global auto industry braces for potential supply…

Mexican President Sheinbaum calls for cooperation as he prepares response to Trump’s proposed tariffs
Mexican President Claudia Sheinbaum has expressed willingness to engage in dialogue with US President-elect Donald Trump, but has made it clear that any unilateral trade…

Scott Bessent is poised to lead the Trump administration’s economic policy
Scott Bessent, founder and CEO of Key Square Group LP, has been tapped by President-elect Donald Trump for the crucial role of Treasury secretary. The…

Zoom shares fall despite strong quarterly results and optimistic outlook
Eric Yuan, founder and CEO of Zoom Communications Inc., spoke about the company’s ongoing transformation at the annual Concordia Summit held in New York on…

Joel Embiid’s return: Hope for struggling 76ers
Joel Embiid is set to make his long-awaited return to the Philadelphia 76ers this week, bringing a glimmer of hope to a team that has…

Deion Sanders highlights guidance for his son’s NFL prospects
Colorado coach Deion Sanders expressed his commitment to supporting his son, quarterback Shedeur Sanders, and Buffaloes player Travis Hunter as they navigate their path to…

Scott Bessent is poised to become Treasury secretary under the Trump administration
President-elect Donald Trump announced Friday his plan to nominate Scott Bessent, founder and CEO of Key Square Group LP, as Treasury secretary. The move places…

The Arnault family is targeting Paris FC with long-term ambitions
The Arnault family, renowned for owning the luxury conglomerate LVMH and for its position among the world’s richest families, is seeking to consolidate majority ownership…

LeBron James approaches 40, redefining longevity in the NBA
Next month, LeBron James will celebrate his 40th birthday, an age that allows him to be the father of some of the players he competes…