Armada Acquisition Corp. II, a newly established special purpose acquisition company (SPAC), has successfully priced its IPO, offering 20 million units at $10.00 each. These units are now trading under the ticker symbol "AACIU" on the Nasdaq Global Market...
The release of the Advantage2 Quantum Computer by Canadian firm D-Wave is more than a technical achievement. It signals a broader shift: quantum computing is beginning to exit the lab and enter the real-world economic arena.
A Complex Technology, Yet...
Sanmina’s $3 billion acquisition of ZT Systems marks a pivotal step in expanding its footprint across the high-growth cloud and AI infrastructure markets. This move positions the company to double its revenue within three years while establishing advanced technical...
Coinbase Cyber Attack Triggers $400 Million Financial Exposure
The Coinbase cyber attack has exposed the cryptocurrency exchange to losses of up to $400 million. This serious data breach stemmed from internal compromise, impacting a limited portion of user accounts.
On 11...
Luminar Technologies, Inc. (Nasdaq: LAZR), a global pioneer in automotive safety and autonomy solutions, has confirmed that Paul Ricci appointed CEO will take effect on or around 21 May 2025. Ricci, the former long-serving Chairman and CEO of Nuance...
China has formally criticised the UK for endorsing a newly negotiated trade deal with the United States, warning that the agreement’s embedded security clauses may effectively force British firms to exclude Chinese products from their supply chains. The diplomatic...
