TOKYO, Oct 9 : Japanese household spending fell less than expected in August from a year earlier, government data showed on Friday, for a ninth straight month of decline.• Consumer spending fell 3.1 per cent year-on-year, data from the internal affairs ministry showed, less than the median market forecast f
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Coinbase Financial Markets agreed to cease all new sports-related event contracts in Michigan on October 10 and wind down open positions. The deal follows similar actions against Robinhood and KalshiEX as the state targets unlicensed sports wagering disguised as prediction markets. Appeals remain pe…
SYDNEY, Oct 9 : Australia's Nvidia-backed AI data centre operator Firmus shelved its initial public offering citing recent market volatility, and will opt for a private fundraising round, the company said in a statement."Firmus will now pursue capital from the private markets and consider alternative public a
Oct 8 : OpenAI has told investors its annualized revenue for September was almost $50 billion, a drop from what it signaled earlier, a person familiar with the matter told Reuters on Thursday. The company previously indicated to investors at a separate event that its revenue run rate for last month was approac
Oct 8 : OpenAI's annualized revenue is about $20 billion less than has been previously signaled, the Financial Times reported on Thursday, citing financial documents shared with investors. OpenAI did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.
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