Tag: SpaceX

Why KKR, Singtel and Tata Are Selling Their India Data Centre Business

KKR, Singtel and the Tata Group plan to sell STT Global Data Centres India (STT GDC India). They are its key shareholders. The sale could be one of the largest data centre deals in India. According to a report in The Economic Times, the multi-billion-dollar sale comes amid a global rush to add data centre capacity. Hyperscalers and infrastructure providers are driving that rush. STT...

Binance Loses $3.64 Billion in Net Outflows as Customers Rush to Move Funds After Record Hack

Binance recorded $3.64 billion in net outflows after it reopened withdrawals on Sunday. The reopening followed a $6.3 billion hack. Customers rushed to move their funds off the world’s biggest crypto exchange. The Numbers Between 6 a.m. and 3:30 p.m. UTC on Nov. 1, Binance processed $4.65 billion in withdrawals and $1.01 billion in deposits. The exchange shared the figures in a post on X. The net...
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OpenAI Hits $500B, Becomes World’s Most Valuable Startup

OpenAI has officially become the most valuable private startup in the world, reaching a staggering $500 billion valuation following a major secondary share sale....

Apple and SpaceX Clash Over Satellite Spectrum

Tensions are mounting between Apple and SpaceX over satellite spectrum access as both companies push forward with ambitious plans to expand mobile connectivity in...

Jio, Starlink Collaboration for Satellite Internet

Jio Platforms Ltd. has signed an agreement with SpaceX to introduce Starlink satellite internet services in India. The partnership, announced on March 12, is...