Business

Funding, M&A, enterprise deals, and market dynamics.

30 stories

African Development Bank and Axian Launch Digital Finance Programme to Support 34,000 Women-Led Businesses in Africa

The African Development Bank and AXIAN Group have launched a digital finance program to support over 34,000 women-led businesses in five African countries. The initiative aims to increase access to finance and business development services for female entrepreneurs.

Sep 4scmp.com

Talk is growing of a Tesla-SpaceX merger. Will geopolitics throw a spanner in the works?

Discussions are increasing about a potential merger between Tesla and SpaceX, but geopolitical tensions between the US and China pose significant challenges. Elon Musk's reliance on China for Tesla's manufacturing while SpaceX serves as a US national security contractor c…

Sep 4decrypt.co

TikTok's Parent Company Just Borrowed $30 Billion to Go All-In on AI

ByteDance, the parent company of TikTok, has secured a $29.6 billion loan from a consortium of nearly 30 international banks to significantly increase its investment in artificial intelligence projects, primarily outside of China.

Sep 4techcrunch.com

AI compute provider Nscale is looking for $3.5B in pre-IPO financing

Nscale, a British AI infrastructure company, is reportedly seeking $3.5 billion in pre-IPO financing, including $1.5 billion in convertible notes and $2 billion from Nvidia, ahead of a potential public offering this month.

Africa: Loza Maléombho Is Building An Industry From African Stories

Sep 4allafrica.com

Africa: Loza Maléombho Is Building An Industry From African Stories

Ivorian designer Loza Maléombho is expanding her brand beyond fashion, creating the 'Pokou' creative universe that combines Baoulé history, local craftsmanship, and AI to build African-owned intellectual property across various creative fields.

Sep 4techcrunch.com

What will Apple’s John Ternus era look like?

John Ternus has officially taken over as Apple CEO, with Tim Cook transitioning to Executive Chairman. Ternus faces immediate pressure with a major product launch next week.

Sep 4techcrunch.com

Less than 24 hours to apply for your TechCrunch Disrupt 2026 Side Event

TechCrunch is urging interested parties to apply for hosting a Side Event during Disrupt 2026, with applications closing tonight at midnight PT. This offers a chance to connect with the Silicon Valley tech community.

Sep 4theguardian.com

A storm destroyed her tea factory. One Canadian friend kept the business alive 2,300 miles away

A hurricane destroyed a North Carolina tea company's factory, but a Canadian friend helped keep it afloat.

A close up of someone's hands holding a red Xbox controller

Sep 4bbc.co.uk

Xbox to limit cloud gaming to 15 hours a month for Game Pass users

Xbox is imposing monthly time limits on cloud gaming for Game Pass subscribers, citing rising costs, with premium users capped at 15 hours.

Sep 4cointelegraph.com

AMC chief criticizes Robinhood’s tokenized stock plan

AMC CEO Adam Aron criticized Robinhood's tokenized stock offerings as unregulated in the US and announced an investigation by external securities counsel, citing no affiliation with AMC shares.

Sep 4theguardian.com

Volkswagen to cut further 50,000 jobs as it ends row with union over revival plan

Volkswagen to cut 50,000 jobs in a major restructuring plan.

robinhood amc tokenization tokenized stock

Sep 4decrypt.co

AMC CEO Calls Robinhood Stock Tokens 'Contemptible' and 'Vile'

AMC CEO Adam Aron vehemently condemned Robinhood for issuing tokens tracking his company's share price without AMC's consent, calling the practice "contemptible" and "vile."

Drivers 'shocked' as Uber exits Nigeria, Uganda with competition, costs rising

Sep 4africanews.com

Drivers 'shocked' as Uber exits Nigeria, Uganda with competition, costs rising

Uber has immediately ceased its ride-hailing services in Nigeria and Uganda, citing rising operating costs and intense competition as reasons for its withdrawal from these two African markets.

Sep 4technode.com

Better Models Aren’t Enough: China’s AI Race Turns to Cost, Products and Paying Users

China's AI race is shifting from model capability to cost-effectiveness and user value. Companies are optimizing AI usage for better ROI, favoring cheaper, open-source models. The challenge remains translating AI efficiencies into sustainable business revenue amidst user …

Asian benchmarks trade mixed following rally on Wall Street led by technology issues

Sep 4japantoday.com

Asian benchmarks trade mixed following rally on Wall Street led by technology issues

Asian stock markets showed mixed performance on Friday, influenced by a tech-led rally on Wall Street and easing bond yields. Japan's Nikkei 225 rose, while other regional benchmarks saw varied results amid anticipation for central bank policy meetings.

Sep 4theguardian.com

Shares in Falklands oil explorers plunge as Argentina threatens sanctions; UK car sales hit eight-year high – business live

Shares in Falklands oil explorers plunged after Argentina threatened sanctions, while Volkswagen's stock surged following a major restructuring agreement. UK car sales also hit an eight-year high.

A Volkswagen employee presents a Volkswagen ID.3 car during a press presentation. He has his hand over a car, in a mossy green colour, parked in a tunnel full of white LED panels.

Sep 4bbc.co.uk

Volkswagen board approves plan to cut another 50,000 jobs

Volkswagen's board has approved a plan to cut an additional 50,000 jobs, bringing the total planned reductions to 100,000 by 2030, as part of a major restructuring effort.

Sep 4fool.com

Broadcom's Artificial Intelligence (AI) Chip Sales Surged 221% to $16.7 Billion Last Quarter: Is the Stock a Screaming Buy Right Now?

Broadcom reported a 221% surge in AI semiconductor revenue to $16.7 billion in its latest fiscal quarter, yet the stock saw a post-earnings sell-off, which the author views as an attractive entry point.

Sep 4technode.com

ChangXin Memory’s STAR Market IPO enters the inquiry stage

Chinese memory-chip maker ChangXin Memory's initial public offering (IPO) on Shanghai's STAR Market has advanced to the "inquiry" stage, marking a significant procedural milestone in its journey toward public listing.

After Twelve Years of Presence, Uber Leaves Nigeria and Uganda

Sep 4rfi.fr

After Twelve Years of Presence, Uber Leaves Nigeria and Uganda

Uber has announced its immediate withdrawal from Nigeria and Uganda after 12 years, citing a "thorough review of its activities" amid a global restructuring and significant market share loss to competitors.

Sep 4techcrunch.com

Crusoe reportedly raises $3B at a $30B valuation

Crusoe, an AI infrastructure and cloud provider, has reportedly raised $3 billion at a $30 billion valuation, co-led by Atreides Management and Valor Equity Partners. This significant funding round follows a $1.38 billion raise just ten months prior.

The new izakaya economy

Sep 4japantimes.co.jp

The new izakaya economy

Izakayas in Tokyo face challenges as costs rise and drinking occasions decrease.

Sep 3mothership.sg

Bai Nian food court at Chai Chee loses S$250,000 in 7 months 'just to keep lights on', family not ready to give up

Bai Nian food court at Chai Chee has lost S$250,000 in 7 months, with family owners not ready to give up.

Sep 3technologyreview.com

Scaling agentic AI pilots across the enterprise

Many Fortune 500 companies are experimenting with agentic AI, but scaling these pilots across the enterprise remains a significant challenge due to issues with integration, data access, and strategic alignment.

Sep 3scmp.com

ByteDance to expand massive AI data centre cluster in Inner Mongolia, source says

ByteDance plans to expand its AI data center capacity in Inner Mongolia's Ulanqab, adding 5-6 gigawatts of compute power by early 2028, reflecting increased AI infrastructure investment by Chinese tech giants.

Sep 3kr-asia.com

Excelland Robotics targets growth in commercial service robots with Hong Kong IPO

Excelland Robotics is launching an IPO on the Hong Kong Stock Exchange to raise capital for R&D, expansion, and acquisitions, aiming to capitalize on the growing commercial service robot market.

Sep 3cointelegraph.com

Hyperscale Data ends Michigan BTC mining as holdings fall 79%

Hyperscale Data has ceased Bitcoin mining in Michigan to convert its facility into an AI data center, funded by a 79% reduction in its Bitcoin holdings.

An Uber car is seen on a street in Krakow, Poland, on August 5, 2026.

Sep 2bbc.co.uk

Uber to cut over 3,000 jobs in major global restructuring

Uber is cutting 3,000 jobs as part of a major restructuring, bringing staffing back to 2021 levels.

Sep 2channelnewsasia.com

CD Projekt H1 profit jumps 37%, beats estimates

CD Projekt RED reports 37% rise in half-year net profit, beating analyst expectations.

Sep 2techcrunch.com

India’s Richest Man Now Wants to Turn Aging Computers into AI-Ready PCs

Reliance Jio is making its cloud PC service, JioPC, available to all Indian internet users, aiming to transform older computers into AI-ready machines without hardware upgrades.