Author: i2wtc

Pavlo Gonchar | SOPA Images | APPeter Thiel-backed cryptocurrency exchange Bullish raised the size of its initial public offering.Bullish is aiming to raise $990 million, offering 30 million shares priced between $32 and $33 apiece, and targeting a valuation of $4.8 billion, according to a Monday filing with the Securities and Exchange Commission.The company, led by former New York Stock Exchange president Tom Farley, had previously marketed 20.3 million shares at a proposed range between $28 and $31 a share and sought a $4.2 billion valuation, per a filing last week.Bullish granted its underwriters, led by JPMorgan, Jefferies and Citigroup, a…

U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC.Andrew Harnik | Getty ImagesPresident Donald Trump on Monday said that he initially asked Nvidia for a 20% cut of the chipmaker’s sales to China, but the number came down to 15% after CEO Jensen Huang negotiated with him.The comments came after news broke over the weekend that Nvidia agreed to pay the federal government a 15% cut in return for receiving export control licenses that will…

Signage is displayed outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S.Andrew Harrer | Bloomberg | Getty ImagesSinclair, one of the largest broadcast station owners in the U.S., is launching a strategic review of its broadcast business that could result in a merger, CNBC has learned.The company and its advisors have already held deep discussions with potential merger partners, according to people close to the matter who could not speak publicly due to the sensitive nature of the talks.At the same time, Sinclair is also looking to spin off or split its Ventures business, which includes pay-TV network…

Listen to article Delhi police detained on Monday Congress chief Rahul Gandhi and other opposition members during a protest march to the Election Commission’s office in the Indian capital. Gandhi, who is also the opposition leader in the Indian parliament, was arrested along with his sister Priyanka Gandhi Vadra, party chief Mallikarjun Kharge, Shiv Sena leaders Sanjay Raut and Priyanka Chaturvedi, and Samajwadi Party chief Akhilesh Yadav. Rahul Gandhi, lawmaker and leader of India’s main opposition Congress party, is stopped by police along with other lawmakers during a protest against what they say are electoral malpractices, in New Delhi, India, August 11,…

StubHub, the ticketing marketplace that spun out of eBay in 2020, has resumed its plans to go public and is now aiming to hold its IPO next month, CNBC has learned.The company originally paused its IPO plans in April as the stock market was reeling from President Donald Trump’s “liberation day” tariffs. The decision came after StubHub submitted its prospectus in March indicating it would list on the New York Stock Exchange under the ticker “STUB.”StubHub now expects to kick off its IPO roadshow after Labor Day, Sept. 1, and make its debut later in the month, according to a…

At least eight volunteers were killed and several others feared trapped when a landslide hit a flood-damaged water channel in Gilgit’s Danyor Nullah during repair work, police said on Monday. The volunteers were restoring the channel when a mass of earth collapsed, burying them under debris, said police. Hospital sources confirmed all the dead were members of a local volunteer team, while three others were injured. As the search goes on for more survivors, the authorities have declared an emergency at local hospitals. A provincial government spokesperson said accelerated glacial melt, driven by climate change, had increased water flow in…

U.S. President Donald Trump speaks to the press about deploying federal law enforcement agents in Washington to bolster the local police presence, in the Press Briefing Room at the White House, in Washington D.C., U.S., August 11, 2025. Jonathan Ernst | ReutersPresident Donald Trump has signed an executive order that will prevent high U.S. tariffs on Chinese goods from snapping back into effect for another 90 days, a White House official told CNBC on Monday afternoon. The order was signed just hours before midnight, when the pause on Trump’s tariffs was set to expire.The delay was the expected outcome from…

Philadelphia Eagles wide receiver DeVonta Smith, #6, scores a touchdown during Super Bowl LIX between the Philadelphia Eagles and the Kansas City Chiefs at the Superdome in New Orleans on Feb. 9, 2025.Icon Sportswire | Icon Sportswire | Getty ImagesDisney’s ESPN and Fox Corp. are teaming up to offer their upcoming direct-to-consumer streaming services as a bundle, the companies said Monday.The move comes as media companies look to nab more consumers for their streaming alternatives, and draw them in with sports, in particular.Last week, both companies announced additional details about the new streaming options. ESPN’s streaming service — which has…

A three-day curfew has been imposed in Khyber-Pakhtunkhwa’s Bajaur district with 27 areas locked down in Mamund tehsil and roads blocked for a targeted operation, authorities said on Monday. All residents have been asked to stay indoors, with the authorities warning that curfew violations would be at the residents’ own risk, according to a notification issued by the K-P government. The district administration said the curfew in Mamund would remain in effect from 11am on August 11 till 11am on August 14. Earlier, according to local sources, hundreds of families left the area, seeking safety in other parts of the district…

The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024.Dado Ruvic | ReutersShares of the enterprise artificial intelligence company C3 AI tumbled more than 20% Monday after it announced preliminary financial results and a restructuring of its global sales and services organization.C3 AI said Friday that it expects to report revenue between $70.2 million and $70.4 million for its fiscal first quarter 2026, though those figures are unaudited, preliminary estimates. The company reported $87.2 million in revenue during the same period a year earlier.Thomas Siebel, C3 AI’s CEO, said in a statement that…