{
}
Blockchain Group, based in Paris, has purchased $68 million worth of Bitcoin, marking a significant step in corporate BTC adoption across Europe. This acquisition of 624 Bitcoin increases their total holdings to 1,471 BTC, valued at over $154 million, with a year-to-date yield of 1,097.6%.
Pierre-Dimitri Gore-Coty, Uber's senior vice president of delivery, is stepping down after nearly 13 years with the company. His departure highlights ongoing executive turnover at Uber, which has faced challenges in leadership stability despite recent improvements. Under Gore-Coty, Uber Eats grew significantly, generating $13.7 billion in annual revenue and becoming a crucial part of Uber's diversification strategy amid increasing competition.
The French state has made a confirmatory offer of 410 million euros ($466.33 million) to acquire part of Atos' former advanced computing unit. Once valued at over 10 billion euros, Atos has navigated financial difficulties and emerged from restructuring in 2024. The offer reflects the enterprise value of the Advanced Computing business.
Israel faces increasing international condemnation for its military operations in Gaza, with recent actions resulting in significant civilian casualties, including entire families. Despite the EU, UK, and Canada finally taking steps to address the situation, the effectiveness of these measures remains uncertain, raising questions about the delayed response to the ongoing humanitarian crisis. The urgency for a more decisive international approach is critical as the conflict continues to escalate, with calls for accountability and a reassessment of diplomatic strategies.
From June 9-13, France will host the third United Nations Ocean Conference, gathering over 100 heads of state and thousands of stakeholders to address the urgent need for ocean conservation and sustainable use. With alarming statistics on plastic pollution and overfishing, the conference aims to establish the "Nice Ocean Agreements" and promote the BBNJ Agreement to enhance governance and financing for marine resources. Saudi Arabia's commitment to sustainable practices and biodiversity protection will be crucial in this global effort to safeguard our oceans for future generations.
BNP Paribas Financial Markets acquired 6,24,85,371 shares of Zomato at INR 238.25 each, totaling INR 1,488 Cr, reflecting a slight discount from the previous close. Additionally, the firm sold 1.88 lakh shares of Eternal for INR 4.35 Cr and offloaded 2,48,31,803 shares of Nykaa at INR 202.81 each, amounting to INR 503.61 Cr.
The U.S. Congress is considering a bill that would enable President Trump to impose retaliatory taxes on countries with digital service taxes targeting American tech firms, potentially increasing tax rates by up to 20%. This measure, part of a broader tax bill, aims to generate an estimated $116 billion over the next decade while raising concerns about long-term foreign investment impacts and signaling a shift from multilateral cooperation to unilateral tax policies.
Germany is considering a 10% digital service tax on major tech companies like Google and Facebook, led by Chancellor Friedrich Merz. This proposal aims to address the significant revenue these firms generate in Germany while contributing minimally in taxes, aligning with a global trend of taxing digital giants. However, it may provoke international backlash, particularly from the U.S., which has threatened tariffs against countries imposing such taxes.
Israeli construction tech firm Buildots has secured $45 million in a Series D funding round led by Qumra Capital, bringing its total funding to $166 million. The investment will enhance its AI-driven platform for predictive analytics, aimed at improving project timelines and costs. With plans to expand in North America by 2025, Buildots is partnering with major contractors and capitalizing on the growing demand for AI solutions in the construction sector, particularly amid labor shortages and supply chain challenges.
Scott Galloway criticized Elon Musk's actions during the Trump administration, labeling them as "one of the greatest brand destructions" for Tesla. He noted that Musk's alignment with Trump supporters alienated Tesla's core electric vehicle customers, leading to a significant drop in the brand's reputation and sales across Europe. By April, Tesla reported a 71% decline in profits, prompting Musk to announce a reduction in his government role.
FRA
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
blockchain group acquires 68 million dollars in bitcoin boosting corporate adoption
11:32 03.06.2025
Uber delivery head departs after 13 years amid executive turnover challenges
04:30 03.06.2025
French state offers 410 million euros for Atos advanced computing unit
08:09 02.06.2025
international response to israel's actions in gaza raises urgent questions
GBR
FRA
CAN
DEU
ISR
Alaa Al Najjar
Bezalel Smotrich
David Lammy
Friedrich Merz
Kaja Kallas
Show more
20:22 31.05.2025
global leaders unite to protect oceans at un ocean conference in france
19:49 31.05.2025
bnp paribas acquires significant stake in zomato and offloads shares in nykaa
06:18 31.05.2025
us bill targets foreign digital taxes on tech firms with retaliatory measures
14:02 30.05.2025
Germany proposes 10 percent digital service tax on major tech companies
Google Inc.
IND
GBR
CAN
ITA
TUR
FRA
ESP
AUT
DEU
Friedrich Merz
Wolfram Weimer
Donald Trump
Show more
04:40 30.05.2025
Buildots secures 45 million funding to enhance AI in construction technology
03:45 30.05.2025
Elon Musk's Government Role Criticized for Damaging Tesla's Brand and Sales
02:50 25.05.2025
Trending
Subcategory
Corporate News
Industry Trends
Fintech Startups
Venture Capital Investments
Startups & Entrepreneurship
Emerging Startups
Funding Rounds & Investments
AI Innovations
Cryptocurrency Trends
Economic Indicators
Retail and Consumer Goods
AI Applications
Global Trade Developments
Stock Market Updates
Banking Regulations
Supply Chain Management
Crypto Adoption and Integration
IPOs & SPACs
Private Equity Deals
Financial Scams and Security
Countries:
Companies:
Microsoft Corporation Corp.
Google LLC
Uber Technologies Inc.
NIO Inc.
Amazon.com Inc.
Apple Inc.
Honda Motor Co. Ltd.
Toyota Motor Corporation
The Goldman Sachs Group, Inc.
VOLKSWAGEN AG
Delivery Hero SE
PayPal Holdings Inc.
Alphabet Inc.
Bank of China Limited (Inc. in China)
VanEck Vietnam ETF
Legal & General Group Plc
iShares Silver Trust
Ather Energy Ltd.
TVS Motor Company Ltd.
Itcons E-Solutions Ltd.
Currencies:
United States Dollar
Euro
Indian Rupee
Japanese Yen
Chinese Yuan
South Korean Won
Saudi Riyal
Turkish Lira
British Pound Sterling
Malaysian Ringgit
Filipino Peso
Offshore Chinese Yuan
People: