Russia has fully blocked access to Roblox, with regulators claiming the platform is “rife” with content that harms children’s development. The ban cites both terrorism-related simulations and the distribution of “LGBT propaganda,” which is illegal in Russia. This follows a year of intense scrutiny o
According to Fortune, Nvidia CEO Jensen Huang, who leads the now $5 trillion company, says he works seven days a week and is in a constant “state of anxiety.” He still operates on a 33-year-old fear that the company is “30 days from going out of business,” a mindset he credits for their resilience.
Paris-based Brevo is now a billion-dollar unicorn after a massive €500 million funding round. The company, with over 600,000 customers, plans to spend over €100 million to grow its U.S. market share and compete head-on with CRM giants.
Actis is launching a major new data center platform focused on Latin America. The new unit, Terranova, plans to invest $1.5 billion over three years, starting with campuses in Mexico, Brazil, and Chile.
Intel has scrapped plans to spin off or sell its Networking and Edge Group (NEX). The company now says the unit is better off staying in-house to integrate with its broader AI and data center plans.
While most VCs are piling into AI, Nexus is taking a different path. Its new $700 million fund will be split 50/50 between AI startups and India-focused companies in sectors like consumer and fintech. The firm argues this balanced approach mitigates risk.
According to the Financial Times, some bond managers are defending investments in Austrian century bonds that have lost up to 96% of their value. The argument hinges on using these bonds in a duration-neutral, convexity-seeking strategy against a benchmark index. This counterintuitive approach alleg
Citadel has rolled out an internal AI chatbot to assist its fundamental equity investors. The tool helps parse filings and summarize research, but the firm’s CTO stresses it’s just an accelerator, not a replacement for human judgment.
Apple just pushed back against an Indian government order to pre-install an undeletable state security app on iPhones, forcing a partial climbdown. This contrasts sharply with its consistent compliance with similar, often more repressive, demands from the Chinese government.
Apple has lost a key jurisdictional battle in the EU. The Court of Justice ruled that Dutch courts can hear a massive antitrust class-action lawsuit over App Store commissions, setting a precedent for similar cases across Europe.
