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Business

Nvidia Perplexity Investment Talks Value AI Firm Above $30B

SAN FRANCISCO: An Nvidia investment in Perplexity, under discussion, could value the AI search startup at more than USD 30…

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Oil Prices Jump Above $90 as US-Iran Fighting Flares

Oil prices rose more than 2% on Monday, August 31, pushing Brent crude above $90 a barrel as renewed fighting…

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Amazon Ad Pricing Lawsuit: FTC, 22 States Sue Retailer

SEATTLE: An Amazon ad-pricing lawsuit filed Monday by the Federal Trade Commission and 22 US states alleges that the retailer…

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AccuWeather for Business Pitches AI-Ready Weather Data

STATE COLLEGE, Pennsylvania: AccuWeather for Business is promoting AI-ready weather data, severe-weather warnings, and enterprise tools as companies seek more…

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WhatsApp Hawala Network Moved Hundreds of Millions in Cash

LONDON: A WhatsApp hawala network with 532 members coordinated hundreds of millions of euros in cross-border cash transfers, some linked…

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Pakistan Makes Record Rs1.2 Trillion Early Loan Repayment

ISLAMABAD: Pakistan has made a record Rs1.2 trillion early loan repayment, the largest single debt payment made ahead of schedule…

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Walmart Opioid Settlement Reaches $50 Million With DOJ

WASHINGTON: Walmart has agreed to pay $50 million to settle federal allegations involving unlawful opioid and controlled-substance prescriptions at its…

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OpenAI Cursor Deal Faces Nov. 12 Cutoff After SpaceX Buy

SAN FRANCISCO: The OpenAI Cursor deal could end on November 12 after SpaceX acquired the coding platform, with OpenAI citing…

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US Jobs Report, Broadcom Earnings Test Wall Street Rally

NEW YORK: The US jobs report due September 4 is expected to show 58,000 jobs added, while Broadcom earnings on…

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