Italian cable maker Prysmian said on Monday it agreed to acquire U.S.-based electrical products maker Atkore for $95 per share in cash, giving the company an implied enterprise value of around $3.8 billion.
Koch-Owned Molex Agrees to $6.29 Billion Data-Center Cable Deal With Prysmian
The Italian cable maker said the 10-year agreement to supply Molex was one of a string of new deals with infrastructure providers.
German drone maker Helsing enlists Rakuten to broker Japan military deal
German drone maker Helsing has enlisted Japanese e-commerce and finance firm Rakuten to help finalise a deal to sell its unmanned systems to Japan's army, a spokesperson for Rakuten said on Monday.
Directors of Firms Linked to Sanctioned Cambodian Conglomerate Bought Properties in Japan
Company directors connected to Cambodia’s Prince Group — which the U.S. has designated a “transnational criminal organization” — acquired luxury Tokyo properties.
Tailscale raises $160 Million (USD) Series C to build the New Internet
Tailscale has raised $160 million USD ($230 million CAD) in our Series C, led by Accel with participation from CRV, Insight Partners, Heavybit, Uncork Capital — and new investment from Anthony Casalena - CEO of Squarespace.
Dow Jones Top Company Headlines at 9 AM ET: AMD and Anthropic Sign Major Chips-and-Investment Deal | AT&T ...
More US firms turn to China’s DeepSeek over pricey Silicon Valley AI
DeepSeek takes top spot on ‘trending’ list as companies look for alternatives to OpenAI and Anthropic, spending tracker’s report says.
Billionaires Eliminate Founders with One Press of a Button
Japan’s Nikkei Hits New Record High
The Nikkei 225 Index rose 0.8% to trade above 63,700 on Thursday, setting fresh all-time highs as strong corporate earnings and upbeat guidance reinforced investor confidence, while sustained demand for artificial intelligence-related stocks continued to drive gains. Japanese equities also mirrored a tech-led rally on Wall Street overnight, even as accelerating US inflation fueled concerns that the Federal Reserve could still opt for another rate hike. At the same time, markets remained focused on the meeting between US President Donald Trump and Chinese President Xi Jinping, with discussions expected to prioritize trade relations. Among individual movers, gains were led by Kioxia Holdings (1.7%), Furukawa Electric (1.5%), Advantest (2.8%), Fanuc (10.4%) and Resonac Holdings (15.6%). In contrast, mining firm Mitsui Kinzoku fell 11.8% after issuing a weaker profit forecast for FY2027 despite projecting higher sales.
Breakout Ventures eyes neuroscience and AI with new fund
The venture capital firm has $114 million to invest
Cambodia's alleged scam group execs suspected of money laundering in Japan
Two senior executives of Prince Holding Group, a Cambodian conglomerate accused of being one of Asia's largest transnational criminal organizations, purchased luxury real estate in and around Tokyo in a possible money-laundering scheme, sources familiar with the matter said and official property records showed Thursday.
Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+ | TechCrunch
OpenRouter's CEO recently described the startup as Stripe for AI.
Anthropic will pay xAI $1.25B per month for compute | TechCrunch
Elon Musk's xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it's worth.
Some good news: the team at @bsky.app just awarded Gifthood a $2,000 AT Protocol grant. Thank you, sincerely. It means a lot that the people building the open network believe in what we're trying to do to build stronger connections among neighbors.
today, we're announcing our €3,8M ($4.5M) seed financing round, led by byFounders with participation from Bain Capital Crypto, Antler, Thomas Dohmke (former CEO of GitHub), Avery Pennarun (CEO of Tailscale) among other incredible angels. read more on what's next: blog.tangled.org/seed
announcing our €3,8M seed round
blog.tangled.org
