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Tom Hicks, Owner of U.S., U.K. Sports Teams, Dies at 79
Tom Hicks, the Texas businessman and philanthropist who owned two Dallas-area professional sports franchises and an English Premier League soccer team, has died.

By The Financial District
Dec 9, 20251 min read


Nvidia Says Blackwell Is "Transforming the Economics of AI"
Nvidia has released a report showing how its Blackwell AI systems can scale up artificial intelligence more efficiently, just as Big Tech’s data-center buildout faces a massive power shortage.

By The Financial District
Dec 8, 20251 min read


Globe Sees Opportunities Ahead for the Philippines
Globe Telecom affirmed that the Philippines is entering a more connected, innovation-hungry, and opportunity-rich phase of digital growth—one shaped not only by its youthful demographics but by shifting global technology cycles.

By The Financial District
Dec 8, 20253 min read


Netflix Wins Battle for Warner Bros. Discovery
In a deal that could dramatically reshape the entertainment industry, Netflix—led by Ted Sarandos and Greg Peters—is poised to win the battle for Warner Bros. Discovery (WBD) studios and the HBO Max streaming business.

By The Financial District
Dec 6, 20251 min read


Megan Thee Stallion Wins Defamation Case vs. Porn Video Blogger
Jurors handed Megan Thee Stallion a victory in her lawsuit against Milagro Gramz, whose real name is Milagro Cooper — the blogger she accused of promoting a deepfake pornographic video of her.

By The Financial District
Dec 6, 20252 min read


Apple’s AI Chief Abruptly Retires
Apple's top artificial intelligence executive is stepping down and will retire from the company in 2026.

By The Financial District
Dec 6, 20251 min read


Belle Corp-Linked Online Gaming Provider Partners with New Streaming Platform Promoting PAGCOR-Licensed Sites
Buenas PH, an e-casino operator linked to Belle Corporation, has been named the presenting partner for the upcoming Battle of the Streamers, the weekly flagship program of iGaming broadcast network YGS Live.

By The Financial District
Dec 5, 20252 min read


Dell Bets on Rising AI Server Demand to Forecast Higher Growth
Dell has forecast fourth-quarter revenue and profit above Wall Street estimates.

By The Financial District
Dec 5, 20251 min read


Prada Purchases Fashion Rival Versace for $1.4-B
The Prada Group has announced that it has officially purchased Milan fashion rival Versace in a 1.25-billion-euro (nearly $1.4 billion) deal.

By The Financial District
Dec 4, 20252 min read


Micron to Invest $9-B in Japan to Build AI Memory Chip Plant
Micron Technology will invest 1.5 trillion yen ($9.6 billion) to build a new plant in Hiroshima, western Japan, to produce advanced high-bandwidth memory (HBM) chips.

By The Financial District
Dec 3, 20251 min read


Globe, BPI Advance Next-Gen Authentication
Globe and the Bank of the Philippine Islands (BPI) have taken a significant step toward more secure and seamless digital banking with a Proof of Concept (POC) for Silent Network Authentication (SNA).

By The Financial District
Dec 3, 20252 min read


Huawei, ZTE Seal 5G Deals in Vietnam
China’s leading telecommunications firms Huawei and ZTE have secured a string of contracts this year to supply 5G equipment in Vietnam.

By The Financial District
Dec 2, 20251 min read


China’s Baidu Starts Layoffs After Reporting Third-Quarter Loss — Sources
China’s Baidu began layoffs this week affecting multiple business units, according to six sources briefed on the matter, as the company struggles with intensifying competition in artificial intelligence (AI) and declining advertising revenue.

By The Financial District
Dec 2, 20252 min read


CATL, Stellantis Break Ground on Spain’s Largest EV Battery Plant
Europe’s second-largest carmaker, Stellantis, and Chinese EV battery giant CATL have started construction on a €4.1 billion battery factory in northeastern Spain that is expected to create 4,000 jobs.

By The Financial District
Dec 2, 20251 min read


Toyota Global Output in October Highest for Single Month
Toyota Motor Corp. said Thursday that its global output in October rose 3.8% from a year earlier to 926,987 units, hitting a record high for a single month for the first time in nearly two years, driven by robust hybrid sales in North America.

By The Financial District
Dec 2, 20251 min read


China’s Anta Sports and Li Ning Exploring Bid for Puma
Chinese sportswear firms Anta Sports Products and Li Ning are among those exploring a potential takeover of struggling German sportswear brand Puma.

By The Financial District
Dec 1, 20251 min read


Alibaba Launches AI Glasses in Rare Consumer Gadget Foray
Alibaba Group Holding Ltd. has begun sales of its first smart glasses powered by its Qwen AI models, marking a rare foray into consumer hardware.

By The Financial District
Dec 1, 20251 min read


Flights Returning to Normal After Airbus Warning Grounded Planes
Thousands of Airbus planes are returning to normal service after being briefly grounded following a warning that solar radiation could interfere with onboard computers.

By The Financial District
Dec 1, 20251 min read


McDonald’s CEO Knows Trump Fried the Economy — But He Helped Him
The Big Mac has a big problem.

By The Financial District
Dec 1, 20252 min read


BHP Renews Bid to Acquire Anglo American
Mining company BHP Group has made a renewed takeover approach to rival Anglo American.

By The Financial District
Dec 1, 20251 min read


Best Buy Earnings Beat Wall Street Forecasts
Best Buy has posted third-quarter results that beat Wall Street estimates and raised its full-year outlook.

By The Financial District
Dec 1, 20251 min read


Marks & Spencer Eyes 500 New Food Store Sites After Costly Cyberattack
Marks & Spencer is considering a major expansion of its food store portfolio, just months after it was targeted by a cyberattack that cost the department store chain £324 million.

By The Financial District
Nov 28, 20251 min read


Tesla Struggles to Veer Away from Sales Crash
Tesla CEO Elon Musk has spent much of this year focused on the carmaker’s robotics pursuits and winning shareholder approval for his freshly minted $1 trillion pay package.

By The Financial District
Nov 28, 20251 min read


Campbell’s Exec Sued for Mocking Indians, Saying Firm’s Products Are “For the Poor”
A senior executive at Campbell’s Co. has been placed on leave after a lawsuit filed by a former employee alleged that he disparaged the company’s products and made offensive remarks about “poor people” and Indian co-workers.

By The Financial District
Nov 28, 20252 min read
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