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Goldman funds to take $900 million hit on Northvolt, FT reports By Reuters
(Reuters) – Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain’s Financial Times reported on Saturday. The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down their $896 million investment…
Trump names Andrew Ferguson as FTC Chair. What are the Big Tech implications? By Investing.com
Investing.com — President-elect Donald Trump has announced his intention to elevate current FTC Commissioner Andrew Ferguson to the role of Chairman, with the transition expected next month. While Ferguson has signaled support for deregulatory policies, particularly in emerging areas like AI, his vocal skepticism toward major technology companies, including Meta (NASDAQ:), Google (NASDAQ:), Microsoft (NASDAQ:),…
AMD CEO unveils new AI chips
AMD CEO unveils new AI chips Source link
