Indian jewelry startup Bluestone plans $118 million IPO The IPO will include the sale of 15% of the shares through a tender offer. December 6, 2024 Tech
Hong Kong hedge fund announces return rate of 53%, plans to expand The gains were fueled by investments in semiconductors and U.S. data centers and gains in Chinese stocks. December 6, 2024 Business
Musk’s xAI raises $6 billion, plans supercomputer for artificial intelligence tools Part of xAI's funding will be used to develop a supercomputer facility in Memphis. December 6, 2024 Tech
Swiggy Instamart plans to open 1,046 dark stores by 2025 This is an increase from the current number of approximately 600 people. December 5, 2024 Tech
Australia plans huge tech fines for anti-competitive behavior The proposed fines could be up to $33 million. December 2, 2024 Tech
Meta reportedly plans to invest $10 billion in global submarine cable project According to reports, the planned route will connect the east coast to India via South Africa and return to the west coast via Australia. December 1, 2024 Tech