Manchester United is struggling financially with 6 straight years of losses and falling revenue. Despite cost cuts and spending on players, poor on-field performance (worst start in 33 years) and no European football hurt finances, turning a "fallen giant" into a struggling club.
IonQ, a quantum leader, is buying Vector Atomic, known for its advanced quantum sensors that provide super precise navigation and timing, especially for defense. This deal allows IonQ to combine quantum computing, networking, and sensing into one powerful platform.
Rithm Capital is buying Paramount Group, which owns top office buildings in NYC & San Francisco, for $1.6 billion ($6.60/share). This deal boosts Rithm's real estate business. It's expected to close late Q4 2025.
China Unicom has built a large data center using AI chips from Alibaba and others to reduce reliance on foreign technology.
China banned Nvidia AI chips (RTX Pro 6000D, H20) for top tech firms like ByteDance & Alibaba. This boosts its domestic chip industry as local AI chips are now seen as comparable or better than Nvidia's allowed models. Companies must now use homegrown solutions.
Workday recently received a significant endorsement from activist investor Elliott Management, which has acquired over $2 billion in company shares and praised its leadership and long-term strategy.
