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Rapidus and Cadence Partner on Agentic AI for Advanced SoC Design
Rapidus and Cadence Partner on Agentic AI for Advanced SoC Design
Jul 16, 2026
Collaboration combines Rapidus’ AI-Agentic Design Solution with Cadence InnoStack AI Super Agent to target up to a 2X acceleration of design turnaround times TOKYO & SAN JOSE, Calif.--(BUSINESS WIRE)-- Rapidus Corporation and Cadence today announced a collaboration to advance agentic AI for advanced-node system-on-chip (SoC) design by integrating the Cadence® InnoStack™ AI Super Agent into the Rapidus AI-Agentic Design Solution...
Databricks secures funding round at $188 billion valuation
Databricks secures funding round at $188 billion valuation
Jul 16, 2026
July 16 (Reuters) - Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software firm at $188 billion. Here are a few details: * The round, which Databricks expects to close later this summer, is being led by existing investor Coatue and will include both new and existing investors....
NexusTek Expands Managed IT and Cybersecurity Services to Financial Services
NexusTek Expands Managed IT and Cybersecurity Services to Financial Services
Jul 16, 2026
DENVER, July 16, 2026 (GLOBE NEWSWIRE) -- Today, NexusTek, a leading provider of secure, scalable IT solutions, is expanding its managed IT, cybersecurity, and private cloud services portfolio to the financial services industry with a new suite of industry-focused managed, professional, and advisory services. Designed for mid-market banks, insurers, asset managers, capital markets firms, and payment processors, these services help...
South Korea-US team unveils robotic technology that dresses the wearer
South Korea-US team unveils robotic technology that dresses the wearer
Jul 16, 2026
DAEJEON, South Korea, July 17 (Reuters) - A team of South Korean and U.S. researchers has unveiled a robotic technology that allows a person to suit up without using their hands or aid from others, with potential for applications in chip cleanrooms and emergency services. The technology developed by researchers at South Korea's KAIST and Stanford University uses soft and...
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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Mastercard, Visa's merchant fees breach competition law, UK tribunal rules
Mastercard, Visa's merchant fees breach competition law, UK tribunal rules
Jun 27, 2025
LONDON, June 27 (Reuters) - Global payments processors Visa and Mastercard's ( MA ) default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in the latest round of the long-running legal saga. London's Competition Appeal Tribunal unanimously ruled that Visa and Mastercard's ( MA ) multilateral interchange fees breach European competition...
Mastercard, Visa's merchant fees breach competition law, UK tribunal rules
Mastercard, Visa's merchant fees breach competition law, UK tribunal rules
Jun 27, 2025
LONDON (Reuters) -Global payments processors Visa and Mastercard's default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in the latest round of the long-running legal saga. London's Competition Appeal Tribunal unanimously ruled that Visa and Mastercard's multilateral interchange fees breach European competition law, in a ruling in linked lawsuits brought by...
BMO Reviews Corus Entertainments Q3
BMO Reviews Corus Entertainments Q3
Jun 27, 2025
01:14 PM EDT, 06/27/2025 (MT Newswires) -- Corus Entertainment (CJR-B.TO) reported an improved third-quarter but TV advertising revenue declined -15% as expected, as margins outperformed on lower deliveries, cost controls, and some one-time items, writes BMO analyst Tim Casey. The advertising outlook remains weak and management warned that it expects a 20% decline in fourth-quarter TV advertising. While Corus has...
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Altcoin Season 2025 Is Here: BTC Just Gave the Green Light
Altcoin Season 2025 Is Here: BTC Just Gave the Green Light
Aug 29, 2025
CryptoQuants BTC.D or Bitcoin Dominance metric trends indicate that the 50-week EMA has been decisively broken while the weekly closed below this key level for the past three weeks. This technical signal strongly indicated a shift in market momentum away from Bitcoin and toward altcoins, and confirmed what many traders have anticipated: the start of the 2025 Altcoin Season. Altseason...
$6 XRP Incoming? Ripple Consolidates Above Key Bullish Setup
$6 XRP Incoming? Ripple Consolidates Above Key Bullish Setup
Aug 29, 2025
TL;DR XRP breaks bullish flag, consolidation near $3 suggests buyers are preparing for another strong rally. Analysts highlight resistance at $3.10 and support near $2.83 as key short-term decision zones. Long-term models suggest ambitious targets, but the current focus remains on holding breakout for $5–$6. Breakout and Consolidation XRP has been holding above a bullish flag formation on the weekly...
HODLers in Profit: Ethereum Accumulation Addresses Triple to 24.3M ETH
HODLers in Profit: Ethereum Accumulation Addresses Triple to 24.3M ETH
Aug 29, 2025
Ethereum’s long-term holders are stacking coins at an unprecedented pace, with on-chain data showing that accumulation addresses now control 24.3 million ETH, nearly three times the amount seen before U.S. spot ETF approvals in May 2024. The sharp rise has fueled speculation that institutional capital is driving a new wave of conviction buying. Institutional Appetite Reshapes Ethereum’s Market Structure Data...
Binance Freezes Futures Trading — Quick Fix or Bigger Trouble Ahead?
Binance Freezes Futures Trading — Quick Fix or Bigger Trouble Ahead?
Aug 29, 2025
TL;DR The exchange briefly suspended all futures trading due to a technical issue, sparking both praise for transparency and criticism from users. Binance has recently also temporarily paused USDC withdrawals on multiple networks during a wallet upgrade. The Latest Issue Earlier today, the worlds biggest cryptocurrency exchange informed its users about a problem affecting Futures UM trading on the platform....
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