Vietnam’s Masan secures $200 mln investment from Bain Capital

Vietnam’s Masan secures $200 mln investment from Bain Capital

Logo of the Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights HANOI, Oct 2 (Reuters) – Vietnamese conglomerate Masan Group (MSN.HM) has secured funding of at least $200 million from Bain Capital, with the possibility of bringing in other investors to increase that … Read more

Apple identifies issues causing overheating in the iPhone 15

Apple identifies issues causing overheating in the iPhone 15

[1/5]People look at the new iPhone 15 Pro as Apple’s new iPhone 15 officially goes on sale across China at an Apple store in Shanghai, China September 22, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights Sept 30 (Reuters) – Apple (AAPL.O) on Saturday said it has identified a few issues which can cause new iPhones … Read more

Wall St Week Ahead US stock market’s powerhouses tested by soaring bond yields

Wall St Week Ahead US stock market’s powerhouses tested by soaring bond yields

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights NEW YORK, Sept 29 (Reuters) – Surging bond yields are rattling U.S. stocks, and some investors worry the richly valued shares of … Read more

Hopes rise for IPO recovery after September deal rush

Hopes rise for IPO recovery after September deal rush

NEW YORK/LONDON, Sept 29 (Reuters) – Bankers and investors are embracing a degree of optimism for the IPO market following a slew of major market debuts in September that made for one of the busiest months since the start of 2022. So far this year there have been $423 billion worth of equity capital markets … Read more

Meta’s new AI assistant trained on public Facebook and Instagram posts

Meta’s new AI assistant trained on public Facebook and Instagram posts

[1/4]Meta CEO Mark Zuckerberg delivers a speech, as the letters AI for artificial intelligence appear on screen, at the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., September 27, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing Rights MENLO PARK, California, Sept 28 (Reuters) – Meta Platforms (META.O) used public Facebook and Instagram … Read more

Wall St gains as investors digest economic data, Treasury yields steady

Wall St gains as investors digest economic data, Treasury yields steady

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Investors eye Washington as shutdown looms Weekly jobless claims edge higher Micron slides after dour forecast Indexes up: Dow 0.21%, S&P 0.51%, Nasdaq 0.77% Sept 28 (Reuters) – Wall … Read more

AI startup AlphaSense valued at $2.5 bln after latest funding round

AI startup AlphaSense valued at $2.5 bln after latest funding round

Sept 28 (Reuters) – Market intelligence platform AlphaSense has raised $150 million in a fresh round of funding that boosted its valuation to $2.5 billion, underscoring strong demand for artificial intelligence (AI) startups. The series E financing round was led by technology investment firm BOND and joined by existing investors including Alphabet’s (GOOGL.O) CapitalG, Viking … Read more

IT services firm Kyndryl plans to separate China business – FT

IT services firm Kyndryl plans to separate China business – FT

Sept 27 (Reuters) – U.S.-based IT services provider Kyndryl Holdings (KD.N) is planning to separate its China business and has told some employees about the decision, the Financial Times reported on Wednesday, citing three people with knowledge of the matter. The firm has, however, not laid out details of when the split would take effect … Read more

Meta unveils AI assistant, Facebook-streaming glasses

Meta unveils AI assistant, Facebook-streaming glasses

[1/9]A guest attends a presentation of the updated virtual reality headset during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., September 27, 2023. REUTERS/Carlos Barria Acquire Licensing Rights MENLO PARK, California, Sept 27 (Reuters) – Meta Platforms (META.O) Chief Executive Mark Zuckerberg on Wednesday rolled out new AI products for … Read more

OpenAI, at boosted valuation, in talks to sell existing shares to investors -sources

OpenAI, at boosted valuation, in talks to sell existing shares to investors -sources

Sept 26 (Reuters) – OpenAI, the artificial intelligence startup behind ChatGPT, is talking to investors about a possible sale of existing shares at a much higher valuation from a few months ago, according to two sources familiar with the matter. The proposed deal could value Microsoft-backed (MSFT.O) OpenAI at between $80 billion to $90 billion, … Read more