Xerox Plans $500M Loan Using Its Patents to Boost Cash
Xerox is exploring a $500 million loan backed by its intellectual property to improve liquidity after the Lexmark acquisition.
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Nvidia Acquires SchedMD to Strengthen Open-Source AI Ecosystem
Nvidia has acquired SchedMD, the company behind Slurm, to boost open-source software and strengthen its position in the growing AI infrastructure market.
MSC Joins Hapag-Lloyd in Battle to Acquire Israeli Shipping Giant ZIM
Swiss shipping leader MSC submits takeover bid for ZIM, competing with Germany's Hapag-Lloyd as employees and government raise national security concerns over foreign ownership.
Tesla Tests Driverless Robotaxis as Stock Surges, Uber and Lyft Drop
Tesla begins testing fully autonomous Robotaxis in Austin without safety drivers, boosting its stock while competitors Uber and Lyft decline.
GameStop Stock Surges on Options Activity and Social Media Buzz
GameStop shares jump 5% as Michael Burry teases new post and viral TikTok creator joins the company, sparking renewed investor interest.
Google's Real Estate Listings Test Triggers Sharp Decline in Zillow and Competitor Stocks
Zillow stock drops 9% as Google tests home sales listings in search results, potentially disrupting the real estate portal market and threatening traditional listing platforms.