China Bans Exports to 10 US Defense Firms Over Pentagon Military List
China's Commerce Ministry blocked dual-use exports to 10 American defense firms, hitting drone makers, aerospace contractors, and rare earth miners.
Meta To Pour $900 Million Into CRED as Its CEO Joins Meta
Meta will lead a $900 million (₹8,550 crore) Series H round in Indian fintech CRED, valuing the company at $4.5 billion (₹43,239 crore) post-money. The deal combines primary and secondary share purchases. In addition, founder Kunal Shah will step down as CEO to join Meta’s global leadership team. Meta Joins CRED Cap Table With $900
SpaceX Bond Offering Sends SPCX Down 16% for Worst Day Yet
SPCX shares tumbled 16% after SpaceX confirmed a $20B bond offering, capping three straight days of losses since its record IPO.
Crypto Institutional Flows Turn Negative as $8B Exits in 30 Days
According to analysts, Bitcoin's drop from $82K to $62K could prove more meaningful than the previous pullback from $102K to $82K.
Elon Musk Backs NVIDIA As AI’s Biggest Environmental Criticism Takes a Hit
Elon Musk backs NVIDIA's claim that data center water use is minimal, as new liquid cooling slashes facility consumption.
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