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Jeff Bezos’ Blue Origin grounds New Glenn rocket after a bad engine put a satellite in the wrong orbit

The rocket blasted off from Cape Canaveral Space Force Station on Sunday. The recycled first-stage booster performed well, landing on an ocean barge several minutes into the flight. But the upper stage was unable to put the satellite into a high enough orbit to begin operations.Preliminary data indicate that one of the upper stage engines failed to produce enough thrust,…

Billionaire Connie Ballmer just donated $80 million to support NPR after Trump cut $1.1 billion from public broadcasting

The donation comes at a critical moment for public broadcasting after the Trump administration pressured Congress to slash about $1.1 billion in already approved funding for the Corporation for Public Broadcasting, which distributes funding for public radio and television. “I support NPR because an informed public is the bedrock of our society, and democracy requires strong, independent journalism,” Ballmer said in…

Hillhouse-backed Ascentium buys fellow business services firm Dezan Shira, as the platform tries to ride China’s surge in outbound investment

Ascentium, an Asia-based business services platform backed by Hillhouse Investment, is acquiring Dezan Shira & Associates, a 33-year-old advisory firm best known for its Asia Briefing intelligence platform. The deal is Ascentium’s most recent in more than a dozen acquisitions, plugging a gap in the company’s mainland China coverage while deepening its footprint in hot Southeast Asian growth markets. “We did…

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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge

The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…

India Revs Up EV Industry: New Policy to Attract Investment

Buckle up, India! The Indian government has shifted into high gear with…

UBS Recommends European Stocks Over US: A Shift in Investment Strategy

In a surprising shift, investment banking giant UBS urges investors to focus…

Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry

Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…

Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies

The Indian stock market has witnessed a period of turbulence, with the…

Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans

Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…

AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development

Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…

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