BUSINESS

SpaceX has filed a request with the Federal Communications Commission to launch a constellation of up to 1 million solar-powered satellites that it said will serve as data centers for artificial intelligence.

Waymo has nearly finalized a new $16 billion funding round that will value the robotaxi company at $110 billion, according to the Financial Times.

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Norway’s $2 trillion sovereign wealth fund made $247 billion in 2025, its management team said Thursday, thanks to rallying tech, financial and mining stocks.

The value of the U.S. dollar plunged Tuesday, after President Donald Trump said he was not concerned about the currency's recent drop.

So far, 2150 has invested in seven companies from the new fund, including AtmosZero, which makes industrial heat pumps; GetMobil, an e-waste recycling startup; Metycle, a scrap and recyclable metals marketplace; and MissionZero, a direct air capture startup.

Electric bike company Rad Power Bikes has reached a deal to sell itself to a company called Life Electric Vehicles Holdings (or Life EV) for around $13.2 million.

A new report by international development organisation Oxfam warns that billionaire ownership of media companies is expanding rapidly

Nigeria's Zenith Bank PLC has secured approval from the Competition Authority of Kenya to acquire 100% of Paramount Bank Limited

Zenith’s Paramount acquisition follows the same playbook: a newly recapitalized Nigerian bank using acquisition to secure a Kenyan license as local capital rules rise.

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