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SEOUL, Dec 3 : South Korea’s economy expanded by 1.3 per cent in the third quarter, revised central bank data showed on Wednesday, faster than the bank’s earlier estimate of 1.2 per cent.

It was the fastest quarterly growth since the fourth…

Dec 2 : Anthropic, the artificial intelligence startup backed by Alphabet’s Google and Amazon.com, has hired the law firm Wilson Sonsini to prepare for an initial public offering that could take place as early as 2026, the Financial Times…

BENGALURU, Dec 3 : Sify Infinit Spaces, set to become India’s first listed data center operator, sees AI driving demand for computing power but is tempering future investments to avoid over-exposure to a potential bubble, its chief executive…

Dec 3 : Two stories both headlined “Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say”, carried on Dec 2 and updated on Dec 3 are wrong and have been withdrawn. There will be no replacement story at this…

(Changes order of companies in paragraph 10)

By Milana Vinn and Dawn Chmielewski

NEW YORK, Dec 2 : Netflix’s proposed acquisition of Warner Bros Discovery’s studios and streaming unit is expected to reduce streaming costs for consumers by bundling…

NEW YORK, Dec 3 : The euro hit an almost seven-week high against the dollar on Wednesday, boosted by data showing an expansion in euro zone business activity, while weaker than expected U.S. jobs data and expectations of further U.S. rate cuts…

Dec 2 : CrowdStrike forecast fourth-quarter revenue above analysts’ estimates on Tuesday, as the cybersecurity firm benefits from growing adoption of AI across its product suite.

Shares of the company rose about 1 per cent in extended trading.

The…

HOUSTON, Dec 3 : Oil prices settled higher on Wednesday after the U.S. and Russia failed to reach a deal to end the war in Ukraine that could have eased sanctions on Moscow’s oil sector, though gains were held back by fears of oversupply.

Brent…

SAN FRANCISCO, Dec 2 : Chipmaker Marvell Technology said on Tuesday it will buy semiconductor startup Celestial AI in a deal worth $3.25 billion and gave a bullish forecast for its next fiscal year.

Marvell’s shares were up about 13 per cent in…

HANOI, Dec 3 : Fushan Technology, a subsidiary of Taiwanese electronics manufacturer Foxconn, is seeking a permit to expand production in Vietnam to make Xbox gaming devices and other electronic parts, according to a company document sent to Bac…