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Cango Inc. Amends Crypto Mining Acquisition Terms Following PRC Business Divestiture

Cango Inc. (NYSE: CANG) has announced a third amendment to its agreement for acquiring crypto mining assets, reflecting significant changes following the company's recent divestiture of its PRC business. The amendment adjusts the share issuance structure and ownership distribution, aligning with Cango's strategic shift...

Rocket Lab’s Acquisition of Geost: A Strategic Leap into National Security Payloads

Rocket Lab's acquisition of Geost represents a pivotal expansion into the payload development sector, reinforcing the company's role as an integrated provider of national security space solutions. A $275 Million Deal That Redefines Rocket Lab’s Capabilities Rocket Lab Corporation (NASDAQ: RKLB), a global aerospace leader, has...

e& UAE Aleria AI Solutions Empower SMBs at Make it in the Emirates 2025

AI Sovereignty at the Forefront of UAE Innovation During the high-profile Make it in the Emirates (MIITE) 2025 exhibition, e& (Etisalat) UAE announced an initiative to support small and medium-sized businesses (SMBs) with leading-edge AI technology. The linchpin of this initiative is Aleria, a UAE-based...

Advantage2 Quantum Computer: How Quantum Technology Is Quietly Reshaping the Economy

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 Already in Use For most people,...

Sanmina’s $3 Billion Acquisition of ZT Systems Expands AI Infrastructure Leadership

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 capabilities. Strategic Deal Structure Enhances Long-Term...

Coinbase Cyber Attack: $400 Million Financial Impact Following Insider Data Breach

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 May 2025, an unidentified threat...