TPG Explores $5 Billion Sale of Healthcare Software Firm Lyric

Private equity firm TPG is exploring the sale of Lyric in a process that could value the healthcare software company at approximately $5 billion, according to sources close to the … Read More

Microsoft Defends AI Copyright Suit, Claiming Copilot Rarely Reproduces NYT Articles

Microsoft Chat Logs Reveal Minimal The New York Times Article Retrieval in Copilot Discovery In legal filings submitted on Friday, Microsoft reported that an analysis of 8.2 million Copilot chat … Read More

Wall Street Hits Two-Week Lows Amid Rising Bond Yields and Walmart Earnings

Wall Street slumped to two-week lows as rising benchmark bond yields and a cautious retail outlook from retail giant Walmart Inc. (NYSE: WMT) weighed heavily on major equity indexes. The … Read More

Apple Trained Custom China AI Model with Alibaba, Sources Say

This rare cross-border partnership allows Apple to navigate Beijing’s stringent regulatory framework as it prepares to roll out its Apple Intelligence suite to Chinese consumers in the coming months via … Read More

Shopee Launches New Service in Brazil After Testing Phase

Ecommerce platform Shopee, owned by Sea Limited, has launched a rapid delivery service in Brazil guaranteeing fulfillment within four hours, marking the company’s strategic debut in the competitive fresh food … Read More

Nvidia to Invest Up to $3 Billion in Lancium

According to reports by Reuters citing The Information, semiconductor giant Nvidia (NASDAQ: NVDA) is in discussions to invest up to $3 billion in energy infrastructure firm Lancium. The move highlights … Read More