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Trump’s Binance Pardon, NBA Gambling Charges, Anthropic’s AI Push, and Apple’s iPhone Air Cuts”
24th October 2025 President Trump has pardoned Binance founder Changpeng Zhao, reigniting debate over his administration’s close ties to the crypto industry. The NBA faces a major integrity crisis as coach Chauncey Billups and player Terry Rozier are charged in separate federal gambling probes. Anthropic has deepened its partnership with Google, securing billions in AI chips to power the next generation of its Claude chatbot. Meanwhile, Apple is slashing production of the iPh
Jemima Asegieme
Oct 24, 20258 min read


Nokia is Bullish on AI, Reddit v Perplexity AI, Trump Strikes Russia at the Heart & Amazon’s Smart Glasses for Smarter Delivery
23rd October 2025 Nokia CEO Justin Hotard says the AI surge mirrors the 1990s internet boom but this time, the growth looks built to last. Reddit has sued AI startup Perplexity for allegedly scraping its data without permission, escalating tensions between platforms and AI developers. President Trump’s new sanctions on Russia’s top oil firms sent global prices climbing and left India weighing its import options. Meanwhile, Amazon unveiled smart glasses and new warehouse robot
Jemima Asegieme
Oct 23, 20256 min read


WarnerBros Discovery Mulls Sale, OpenAI’s Atlas v Google Chrome and Amazon to Automate 600k Jobs
22nd October 2025 Warner Bros. Discovery is exploring a possible sale as major players like Netflix and Skydance circle, signaling fresh media consolidation ahead. Meta struck a record $27B deal with Blue Owl Capital to fund its largest AI data center, while OpenAI launched ChatGPT Atlas, an AI-powered browser taking aim at Google Chrome. In policy circles, a rare alliance of conservatives and AI pioneers is calling for a pause on superintelligent AI development. Meanwhile, A
Jemima Asegieme
Oct 22, 20257 min read


Venture Capital
Top OpenAI, Google Brain researchers set off a $300M VC frenzy for their startup Periodic Labs TechCrunch European AI rising star Nexos.ai raises $30M to unlock enterprise AI adoption TechCrunch Media tech firm NEP Group raised a $700M investment from 26North TechC runch Blockchain project Tempo raised a $500M Series A at a $5B valuation led by Greenoaks and Thrive Capital Fortune HR startup Deel raised a $300M Series E at a $17.3B valuation led by Ribbit Capit
oyinmary321
Oct 21, 20251 min read


M&A
Asia-focused real estate conglomerate Jardines agreed to acquire the remaining 12% stake it doesn't already own in hotel arm Mandarin Oriental International at a $4.2B valuation representing a 40% premium Reuters Emirates NBD Bank will invest $3.1B for a 60% stake in India's RBL Bank Reuters Chinese tech giants Alibaba and Ant Group agreed to acquire several floors of an office tower in Hong Kong's priciest districts for $925M Alibaba Abu Dhabi SWF Mubadala is exploring an
oyinmary321
Oct 21, 20251 min read


Cloud Outages, Critical Minerals, and Corporate Tensions
21st October 2025 A global internet disruption sent shockwaves through businesses worldwide after Amazon’s AWS cloud service suffered a major outage. Meanwhile, Washington and Canberra sealed a $3 billion critical minerals pact aimed at reshaping supply chains and reducing China’s grip on rare earths. Elsewhere, Cards Against Humanity buried its feud with SpaceX, ending a bizarre corporate clash over Texas land rights. And as tariffs weigh heavily on global profits, new data
oyinmary321
Oct 21, 20254 min read


M&A
BlackRock-Backed Suez Halts Process to Sell Chinese Water Assets, Sources Say Bloomberg Jardine Matheson to Buy Remaining Stake in Mandarin Oriental Reuters Trafigura Acquires Warehousing Firm Grafton’s Singapore Business Bloomberg Kering Said to Discuss €4 Billion Sale of Beauty Unit to L’Oreal Bloomberg Vietnam’s Masan in Talks With Costco to Sell Its Noodles in US Bloomberg Tycoon Geminder Is Said to Weigh Sale of Asia Businesses Bloomberg Holcim Agrees to Buy Xella in $
oyinmary321
Oct 20, 20251 min read


Venture Capital
Eightfold co-founders raise $35M for Viven, an AI digital twin startup for querying unavailable co-workers TechCrunch Daylight Energy Raises $75M VC Daily Nilo Therapeutics Launches With $101M Series A Financing VC Daily Sage Care Emerges From Stealth with $20M in Funding VC Daily Dialogue AI Closes $6M Seed Round VC Daily DUOS Snags $130M Equity Investment VC Daily NEP Group Nets $700M Funding VC Daily Dialogue AI Closes $6M Seed Round VC Daily Fourier Health A
oyinmary321
Oct 20, 20251 min read


A Royal Heist, Street Protests, and Apple’s Next iPhone Boom
20th October 2025 In Paris, thieves pulled off a cinematic robbery at the Louvre, making off with priceless French crown jewels in a six-minute, crane-assisted heist that left authorities red-faced and art lovers fuming. Across the Atlantic, “No Kings” protests erupted across U.S. cities as Americans rallied against what they see as Trump’s tightening grip on power. Meanwhile, Apple’s iPhone 17 is off to a roaring start outpacing last year’s model with surging demand in China
oyinmary321
Oct 20, 20256 min read


TSMC’s AI Boom, Trump–Putin’s Peace Push & MrBeast’s Fintech Gamble
17th October 2025 TSMC raises its revenue forecast and delivers record profits on surging AI chip demand, fueling another wave of optimism in the semiconductor rally. Wall Street dips as U.S. regional banks spook investors with fresh loan losses, dragging major lenders lower. YouTube titan MrBeast sets his sights on fintech with a new “Beast Financial” venture, signaling creators’ next frontier, banking. Meanwhile, Donald Trump says he’ll meet Vladimir Putin in Budapest for a
oyinmary321
Oct 17, 20256 min read


Wall Street’s Windfall, Waymo’s London Leap, Meta’s AI Move & UK’s Modest Comeback
16th October 2025 Wall Street’s prime brokerage desks are raking in profits as hedge fund activity surges, fueling record results for top U.S. banks. Waymo gears up for its first European robotaxi launch in London, expanding its self-driving reach. Meta joins forces with Arm Holdings to supercharge AI recommendations across Facebook and Instagram. Meanwhile, the UK economy inches back into growth, offering Finance Minister Rachel Reeves a glimmer of good news ahead of her Nov
Jemima Asegieme
Oct 16, 20256 min read


OpenAI makes yet another deal, this time with Walmart & Salesforce, and ASML gets a boost on AI Wave
15th October 2025 OpenAI will allow verified adults to access mature content on ChatGPT starting December, part of its new “treat adults like adults” policy. UK fintech Lendable launched a £20 mobile plan, becoming the first of its kind to blend finance and telecoms. Chipmaker ASML continues to benefit from the AI boom but expects demand in China to cool next year. Walmart teamed up with OpenAI to let users shop directly through ChatGPT, signaling the next phase of conversati
Jemima Asegieme
Oct 15, 20255 min read


M&A
French PE firm Ardian is exploring a sale of specialty ingredients maker Frulact at a $1.2B valuation Bloomberg Advanced manufacturing supplier MKS Instruments is selling a $1B speciality chemicals division to focus on chipmaker operations Bloomberg Cyprus-based sensor and optical system manufacturer Theon agreed to acquire a 9.8% stake in French night-vision gear firm Exosens for $312M Reuters Oaktree is in talks to sell a minority stake in commodities house Hartree
oyinmary321
Oct 14, 20251 min read


Venture Capital
Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge TechCrunch Hoverfly Technologies , a startup building tethered drone systems for defense and security, raised a $20M Series B led by Leonardo DRS and Korea Robot Manufacturing TechCrunch Irys Insurtech Bags $12.5 Million Funding VC Daily Glide Identity Raises Over $20M Series A VC Daily Planera Scores $8M Funding VC Daily HOOTL Secures $6.5M Series A Funding VC Daily Pimly S
oyinmary321
Oct 14, 20251 min read


OpenAI’s Broadcom Bet, Apple’s Identity Switch & Trump’s Gaza Diplomacy
14th October 2025 OpenAI is teaming up with Broadcom to build its first in-house AI chips: a 10-gigawatt leap that could reshape the AI hardware race and challenge Nvidia’s dominance. Apple drops the “Plus” from Apple TV+, rebranding its six-year-old streaming platform with a bold new identity. And in the Middle East, Hamas and Israel exchange nearly 2,000 prisoners under a U.S.-brokered ceasefire as Trump hails a “new dawn” for peace. All this and more in today’s Read It An
oyinmary321
Oct 14, 20256 min read


M&A
Carlyle and Qatar's SWF QIA agreed to acquire a majority stake in German chemicals giant BASF 's auto coatings business for $6.7B Reuters PE firm Warburg Pincus is in advanced talks to acquire a 30% stake in French diagnostics provider Sebia at a $6.4B valuation Bloomberg Johnson & Johnson is in talks to acquire $5.5B-listed biotech Protagonist Therapeutics Yahoo.Finance Infrastructure investor I Squared Capital is planning a bid for German media group Ströer 's core
oyinmary321
Oct 13, 20251 min read


Venture Capital
Predictions marketplace Kalshi raised a $300M round at a $5B valuation co-led by Sequoia Capital and a16z TechCrunch HavocAI , a maritime autonomous systems developer, raised an $85M round from B Capital , In-Q-Tel , Lockheed Martin , and more Yahoo.Finance Corvus Energy , a provider of low-carbon energy storage systems for vessels, raised a $60M Series E led by 1GT Bloomberg Green Cabbage , a provider of procurement intelligence, raised a $40M Series B led by Sageview Ca
oyinmary321
Oct 13, 20252 min read


Trump’s 100% Tariff Strike on China, Rare Earths Rally, Wall Street’s M&A Comeback, Deloitte’s AI Slip-Up & Retail Traders Outrunning the S&P
13th October 2025 Donald Trump fires another trade war shot, slapping a 100% tariff on Chinese imports and curbing exports of “critical software” after Beijing tightened rare earth controls. The move sent U.S. rare earth stocks soaring as investors bet on America’s domestic mining revival. Wall Street’s big banks are bracing for a blockbuster earnings week as M&A rebounds to pandemic-era highs. In Australia, Deloitte’s AI-written government report gets flagged for fake citati
oyinmary321
Oct 13, 20257 min read


OpenAI’s $500bn valuation, FICO sidesteps Credit Middlemen, Indexes Hit Another ATH, Tesla’s Record Quarter + Much More
3rd October 2025 OpenAI has become the world’s most valuable private company, hitting a $500B valuation after a secondary share sale that let early employees cash out. The deal pushed it past SpaceX and highlighted the growing investor appetite for AI. Meanwhile, FICO is shaking up the credit score market by cutting out Experian, Equifax, and TransUnion, offering lenders cheaper direct access to scores. That shift could save homebuyers money while putting pressure on the cred
Jemima Asegieme
Oct 3, 20257 min read


AI Ads, Oracle Hack, $200B Chip Rally, and Musk’s $500B Milestone
2nd October 2025 Meta will soon use conversations from its AI assistant to shape ad targeting across Facebook, Instagram, and even...
Jemima Asegieme
Oct 2, 20255 min read
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