Year: 2026
See the movie, play the game: How Nintendo is pulling out all the stops to sell the Switch 2
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo arguably has the most recognizable characters in video games, from […]
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Private equity enters its ‘Darwinian’ era as experts warn some funds face extinction
Falling returns, investment exit worries, longer holding periods and tougher fundraising conditions are hobbling the private equity industry, with experts warning that only the strongest will survive. According to a report by Bain & Co , private equity delivered low payouts to investors for a fourth consecutive year, weighed down by roughly 32,000 unsold companies […]
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An Indian company is set to build a $2 billion AI hub with Nvidia’s GPUs and go public. Here’s what we know so far
Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, March 14, 2024. Dhiraj Singh | Bloomberg | Getty Images India’s Yotta Data Services, which is building a $2 billion artificial intelligence hub using Nvidia‘s chips, said demand for graphic processing units in the country is […]
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Nintendo plans around $1.9 billion share sale by Kyoto bank and others, sources say: Reuters
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo plans an unwinding of strategic shareholdings that would see companies including […]
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U.S. and Iran wrap up ‘most intense’ nuclear talks with no deal — more negotiations ahead
Iranian negotiating delegation departs for the site of the talks with U.S., in Geneva, Switzerland, Feb. 26, 2026. Iranian Foreign Ministry | WANA | Via Reuters The latest round of U.S.-Iran talks did not lead to a breakthrough, with both sides agreeing to extend negotiations, Iranian Foreign Minister Seyed Abbas Araghchi said, describing the discussions […]
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CNBC Daily Open: Netflix bows out from Warner Bros. Discovery bidding war
In the latest plot twist of the high-stakes bidding war for Warner Bros. Discovery, Netflix said Thursday it would not increase a counteroffer for the company’s studio and streaming assets, effectively clearing the way for Paramount Skydance’s revised bid to take center stage. That comes after the WBD board deemed Paramount’s revised all-cash bid earlier this week of $31 […]
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Asia markets opens mixed after Wall Street pullback on Nvidia slump
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets traded mixed Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat. Japan’s Nikkei 225 slid 0.6%, while the Topix traded flat. The benchmark Japanese index hit 59,000 […]
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Jim Cramer isn’t fretting Nvidia’s post-earnings sell-off. Here’s how he would respond
Key Points CNBC’s Jim Cramer said Thursday that Nvidia’s stock was swept up in a wave of institutional selling. “Don’t take today as a referendum on anything,” the “Mad Money” host said. CNBC’s Jim Cramer on Thursday downplayed Nvidia’s post-earnings stock slide, suggesting it was caught up in a vortex of institutional selling that actually […]
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Anthropic CEO Amodei says Pentagon’s threats ‘do not change our position’ on AI
Anthropic CEO Dario Amodei on Thursday said the company “cannot in good conscience” agree to allow the Department of Defense to use its models in all lawful use cases without limitation, adding that the agency’s threats do not change its position. The artificial intelligence startup has been engaged in tense negotiations with the Pentagon in […]
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Trump administration faces first big tariff refund court deadline on Friday
The US Court of International Trade in New York, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images The Trump administration’s Department of Justice is nearing its first big legal deadline in the wake of the U.S. Supreme Court ruling that President Donald Trump’s tariffs issued under the International Emergency Economic Powers […]
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