It was revealed on Thursday that the European Union has hit Google with a €890 million ($1 billion) fine, marking the first time the tech giant has been penalized under the bloc’s Digital Markets Act (DMA). The decision highlights Europe’s determination to curb the influence of Big Tech, even as US President Donald Trump has…
Key insight: Two Black-owned banks in the Carolinas have agreed to combine in a cash-and-stock deal worth more than $105 million. What’s at stake: The merger between Optus Financial and M&F Bancorp will create a bank with larger scale at a time when many Black banks are confronting technology and other challenges. Forward look: The…
The next wave could come from companies the biggest AI players eventually decide they have to own… Listen to the audio version of this article (generated by AI). Editor’s Note: In 2012, Mark Zuckerberg paid $1 billion for a 13-person photo app that had no revenue and, by most accounts, no real business model. Wall…
The shares of Tanla Platforms jumped nearly 14% to the day’s high of Rs 638 after the company reported a 17.8% year-on-year growth in Q1 FY27 revenue. According to a filing with the exchange, revenue increased 4.1% quarterly to Rs 1,226 crore. The company reported a gross profit of Rs 326 crore, growing 2.6% quarterly…
Blackstone’s growth continued unabated in the first half of 2026, as the firm leveraged its enormous data center and AI platform to report strong shareholder returns. In the second quarter, the firm delivered more than 20 percent year-over-year growth across total revenues, fee revenues, fee-related earnings, net realization and distributable earnings, according to Michael Chae,…
Nova, the conveyancing partner for estate agents and mortgage brokers, has appointed Andrew Smith as commercial director to support the company’s next stage of growth and strengthen its partner proposition. Smith brings more than 20 years of experience in commercial leadership and business development across property and technology sectors. His career spans senior leadership roles…
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Shares of Waaree Renewable, the EPC arm of the Waaree Group, dropped 7% on Thursday after the company announced its Q1 FY27 earnings, reporting a 34% year-on-year (YoY) rise in net profit to nearly Rs 116 crore. The shares of the company dropped to Rs 951 apiece on Thursday, the lowest level seen since June…
A survey of 2,203 UK adults has revealed significant regional differences in attitudes towards replacing council tax and stamp duty with an annual property tax based on home values. The research, commissioned by estate agency Cavendish, found support was strongest in northern England and Wales, while opposition was highest in areas with the most expensive…
Mortgage moved higher today, and while the jump was no larger than the one seen on Monday, both were ‘above average’ and both took rates in the wrong direction. In addition, the steady weakness throughout the month of July finally resulted in yesterday’s rates match the highest level in nearly a year. In other words,…