According to Renesas Computer Industrial Co.'s board resolution on November 12, 2026, the company approved spinning off its Infrastructure Solutions Business Group—covering server-related research, development, and sales operations, including assets and liabilities—to its 100%-owned subsidiary, Clou
Nebius recently projected $10 billion in customer prepayments for 2026 and $17–20 billion for 2027. The company also announced it no longer considers Annual Recurring Revenue (ARR) an appropriate metric to measure its business.
Compal Electronics (2324-TW) announced today its third-quarter financial results, with nine-month net profit reaching NT$7.682 billion, up 66% year-over-year, and earnings per share of NT$1.78. Server revenue exceeded 10% of total quarterly revenue. Compal's board approved a spinoff of its Infrastr
According to Bloomberg, Germany's Federal Constitutional Court rejected a lawsuit against the European Central Bank's pandemic emergency purchase program (PEPP) on Thursday. The applicants, comprising academics and business figures, had argued the plan constituted government financing. The Karlsruhe
According to PANews, AVA Foundation and Travala launched AVA 3.0 on November 12, aiming to strengthen AVA token utility on the Travala platform. The upgrade focuses on real-world travel products, transparent buyback mechanisms, and quantifiable member value. The foundation has cumulatively repurcha
According to the UK Maritime Trade Operations, a tanker was struck by shelling while traveling eastbound in the Arabian Gulf, resulting in multiple casualties. The incident was reported with delay to the authority.
Bybit announced on November 12 its trading infrastructure has migrated to Tokyo. The exchange said the move will improve liquidity, reduce spreads, and enhance trading execution quality.
Nebius reported third-quarter revenue of $980.8 million, beating consensus estimates of $918.5 million. The company posted adjusted EBITDA of $465.8 million against the forecast of $357.4 million, and adjusted net income of $90.9 million, compared to an expected loss of $271.4 million. The company
United Airlines announced on November 10 it will block artificial intelligence assistants from accessing its systems to book flights, citing concerns over customer data exposure and unauthorized purchases. The airline also stated that AI automation may violate U.S. Federal Aviation Administration an
According to ChainCatcher, citing Onchain Lens data, BlackRock transferred 4,189 BTC (approximately $305 million) and 68,230 ETH (approximately $139 million) from its ETF wallet to Coinbase Prime in the past 30 minutes, with total assets moved valued at approximately $444 million.
According to Bloomberg, Kazakhstan's security agency detained Nurlan Zhakupov, CEO of sovereign wealth fund Samruk-Kazyna, and Elzhas Otynshiyev, CEO of national railway company KTZ, on Wednesday on suspicion of corruption. The detention coincides with KTZ's preparations for an initial public offeri
The Mexican peso declined sharply, with USD/MXN rising nearly 60 points as Trump threatened to double tariffs on Mexico due to immigration issues. The currency move reflects market reaction to the stated policy threat regarding cross-border migration.
On November 12, BYD Yuan Plus DM-i officially launched with seven models combining plug-in hybrid and battery-electric options. Prices range from 126,900 to 171,900 yuan, representing a direct price cut of 100,000 yuan from pre-order guidance. The battery-electric version offers 625 kilometers of CL
According to China Central Television's News Broadcast on November 12, Russia, the United States, and Ukraine concluded a new round of negotiations and reached a prisoner exchange agreement. The agreement marks a development in ongoing diplomatic efforts between the three parties.
According to Taiwan's Financial Supervisory Commission (FSC), Foxconn Precision Industrial Co. on November 12 received approval to extend its fundraising period for unsecured convertible bonds by three months. The company's $1.5 billion issuance, originally approved by the FSC on August 17, is now s
According to blockchain analytics firm Elliptic, North Korean hackers created six Elon Musk-themed memecoins on the NEAR blockchain between November 5 and 7 to launder $430,000 in stolen cryptocurrency from the $6.4 billion Binance hack in October. The tokens—including one featuring Musk beneath an
