Amazon Puts $3 Billion Behind India’s Instant Delivery
A decade ago, Amazon taught India’s shoppers to wait a day or two for a package. The market has since taught Amazon something harder to swallow: in the biggest cities,…
Ten-Year Yield Back Above 5 Percent Sends Chip Stocks Lower
The selloff that has rattled technology stocks this autumn returned on Sept. 24, and it started, as it usually does, in the bond market rather than the stock market. U.S.…
SpaceX Unlocks 328 Million Shares as Starship Nears Orbit
The Super Heavy booster stood on the launch mount at Starbase in south Texas early Wednesday, its Starship upper stage lowered on top in the first full stack of a…
Island Doubles Its Value as Companies Hunt for AI Guardrails
“Every old control is breaking, so everything’s up for grabs,” Mike Fey said in an interview. The chief executive of Island, a Dallas security company, was explaining why he believes…
Qualcomm and Apple Renew the Patent Deal That Ended a War
In April 2019, as a federal jury trial between Apple and Qualcomm was getting under way in San Diego, the two companies settled a two-year legal war and signed a…
Anthropic’s AI Finds an Enzyme System Hidden in Viral DNA
The signal came 21 hours into a search through an enormous database of DNA sequences. One of roughly 950 Claude agents, working on its own, stopped and flagged a repeating…
Delivery Hero Keeps Its CEO to See the Uber Deal Through
Delivery Hero had a plan: co-founder Niklas Östberg would step down as chief executive in March 2027. That plan lasted until Uber showed up with an offer. On Sept. 24,…
BlackRock and IFM Close In on a $25 Billion Data-Centre Deal
Stack Infrastructure’s Asia-Pacific data centres have drawn bidders all summer. Now a consortium backed by BlackRock and IFM Investors has moved to the front of the line. The group has…
SoftBank Borrows $11.1 Billion to Finish Its OpenAI Bet
The bill for SoftBank’s wager on OpenAI has come due, and the Japanese group has turned to the junk-bond market to pay it. SoftBank confirmed in a filing on Sept.…
Oracle Seeks Escape Clause on New Mexico Data Center
The data center Oracle is building in southern New Mexico is called Project Jupiter, a campus designed to draw 2.45 gigawatts of power. On Wednesday, Oracle sent the project’s developer…
