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Reuters85d agoneutral
Quantum startup Quobly raises $133 million in funding round

French quantum computing startup Quobly said on Wednesday it has raised €115 million ($133.72 million) in a ‌funding round led by France's state-backed investment bank Bpifrance, chipmaker STMicroelectronics and ‌Sealsq. The funding follows a wave of public investment in quantum computing in the U.S. and ​Europe. French President Emmanuel Macron last month said France will invest €1 billion in quantum computing, a day after U.S. President Donald Trump's administration announced $2 billion in funding for the technology.

Walmart makes a move to challenge Lowe's and Home Depot
TheStreet85d agoneutral
Walmart makes a move to challenge Lowe's and Home Depot

Hiring a professional to work on small home repairs can get expensive fast. A 2025 Angi’s State of Home Spending Pulse report revealed that of the homeowners interviewed, 71% said they have postponed at least one home project this year, while 58% said they delayed projects because of high materials ...

IBM CEO sends strong message on quantum computing
TheStreet85d agoneutral
IBM CEO sends strong message on quantum computing

The next great computing arms race is no longer about artificial intelligence chips and cloud servers. Quantum computing is moving from a science experiment to a national priority, and IBM has made a bold bet that America will lead the way. IBM (IBM) Chairman and Chief Executive Officer ...

‘60 Minutes’ Correspondent Scott Pelley Fired by CBS News
The Wall Street Journal85d agoneutral
‘60 Minutes’ Correspondent Scott Pelley Fired by CBS News

Veteran “60 Minutes” correspondent Scott Pelley was fired by CBS News, a day after taking aim at Editor in Chief Bari Weiss’s leadership during a staff meeting for the show. Executive Producer Nick Bilton sent a note to Pelley on Tuesday night saying he was being terminated for cause, effective immediately, according to a copy of the letter reviewed by The Wall Street Journal. Pelley interrupted Bilton soon after he started reading introductory remarks at the Monday meeting, according to people in attendance.

Bloomberg85d agoneutral
China Extends Outbound Investment Curbs to Individual Investors

(Bloomberg) -- China has expanded its outbound investment regulations to explicitly cover individual investors for the first time, a shift that potentially raises compliance hurdles for tech founders and even ordinary stock investors.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by P

SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says
Bloomberg85d agoneutral
SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says

(Bloomberg) -- SpaceX aims to sell 555.6 million shares ​at $135 apiece for its record-breaking $75 ​billion ⁠initial public ​offering, Reuters reported, citing an unidentified person familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP TermsAndr

Will SpaceX IPO make Elon Musk a trillionaire?
AFP85d agoneutral
Will SpaceX IPO make Elon Musk a trillionaire?

He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon Musk could become the planet's first trillionaire.Robinson said Musk could take on an "aura of God" for some people should he become the world's first trillionaire -- but might develop a bit of a god complex himself as a result.

Cathie Wood buys $67 million of surging semiconductor stock
TheStreet85d agobullish
Cathie Wood buys $67 million of surging semiconductor stock

Cathie Wood, chief of Ark Investment Management, has spent much of the past several months trimming positions in some of the market's biggest winners, likely locking in gains after a strong rally. Now, Wood is making one of her largest purchases in recent months, buying roughly $66 million worth of ...

Garth Brooks Considers Sale of Music Catalog, Seeking Roughly $2 Billion
The Wall Street Journal85d agoneutral
Garth Brooks Considers Sale of Music Catalog, Seeking Roughly $2 Billion

Country music star Garth Brooks is considering a sale of his catalog, eyeing roughly $2 billion for the rights to his songs and recordings, according to people familiar with the matter. Brooks, an album sales and touring juggernaut, is seeking a price that would be among the largest deals for an individual artist or group’s catalog. The country superstar has been entertaining a transaction for a few years and recently told some investors that he’s one of a few artists of his level of fame who hasn’t sold and is considering it, one of the people familiar with the matter said.

Oil Extends Advance as US-Iran Peace Talk Progress Stalls
Bloomberg85d agoneutral
Oil Extends Advance as US-Iran Peace Talk Progress Stalls

(Bloomberg) -- Oil rose a third day on pessimism over the prospects of the US and Iran reaching a peace deal and as fighting flared up in the Persian Gulf.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for AI SpendingWest Texas Intermediate