Category: Business

BusinessInternational Business and Trade

Apple Boosts China Investments Amid Trade Tensions, Sources Report

Apple is reportedly deepening its investments in China despite escalating trade tensions between Washington and Beijing. The tech giant continues balancing international manufacturing with recent US supply chain commitments.

Apple’s Strategic China Investments Continue Amid Trade Disputes

Technology giant Apple Inc. is reportedly maintaining and expanding its investment presence in China despite ongoing trade tensions between the United States and Chinese governments, according to sources familiar with the matter. This strategic positioning comes as CEO Tim Cook’s recent visit to China coincides with heightened trade disputes between the two economic powers.

by Megan Carter
BusinessEconomy and Trading

Township Economy Report Reveals 80% of Businesses Unregistered, Limiting Growth Potential

South Africa’s township economy faces significant growth barriers with nearly 80% of businesses operating unregistered. The Standard Bank report highlights challenges in formalization, digital payment adoption, and financial inclusion despite the sector’s R900-billion annual value.

South Africa’s township economy represents a massive yet underdeveloped economic sector facing systemic barriers to growth and formalization. According to Standard Bank‘s inaugural Township Informal Economy Report, nearly 80% of township businesses operate without formal registration, limiting their access to financial services, digital tools, and market opportunities despite the sector’s estimated R900-billion annual value.

The Scale and Significance of South Africa’s Township Economy

by Megan Carter
BusinessStartups

Nscale Plans IPO Following $14 Billion Microsoft AI Infrastructure Deal

London-based AI infrastructure provider Nscale has confirmed public market ambitions following a massive $14 billion expanded partnership with Microsoft. The deal involves supplying approximately 200,000 NVIDIA GB300 GPUs to the tech giant, with a potential IPO timeline targeting late 2025.

Artificial intelligence infrastructure company Nscale has confirmed its intention to pursue an initial public offering following the announcement of a monumental $14 billion expanded partnership with technology behemoth Microsoft. The London-based firm, which specializes in scaling AI technologies through advanced infrastructure solutions, revealed both developments Wednesday, signaling a significant maturation of the AI cloud sector.

Nscale’s Public Market Ambitions

by Megan Carter
BusinessPersonal Finance

Brookfield Acquires Remaining Oaktree Stake for $3 Billion in Major Alternative Investment Expansion

Brookfield Corporation and Brookfield Asset Management have agreed to acquire the remaining 26% of Oaktree Capital Management for approximately $3 billion. This strategic move significantly expands Brookfield’s presence in the private credit and alternative investment markets.

In a landmark transaction reshaping the alternative investment landscape, Brookfield Corporation and Brookfield Asset Management have announced a definitive agreement to acquire the remaining stake in Oaktree Capital Management for approximately $3 billion. This acquisition represents one of the most significant consolidations in the asset management industry this year, bringing together two powerhouses in private markets investing.

Transaction Structure and Financial Details

by Tyler Brooks P.E
BusinessLeadership

Wendell Jisa Named Chairman, Eric Harmon CEO as Reveal Enters New Growth Phase

** Reveal founder Wendell Jisa transitions to Chairman of the Board after transformative decade as CEO. Seasoned executive Eric Harmon takes helm to scale the company’s dual eDiscovery platform strategy and global expansion. The leadership change marks Reveal’s evolution from startup to category-defining legal technology leader. **CONTENT:**

In a significant leadership transition that marks Reveal’s evolution from founder-led startup to mature industry leader, Wendell Jisa has moved from Chief Executive Officer to Chairman of the Board, while seasoned executive Eric Harmon assumes the CEO role. This carefully planned succession positions the global legal technology company for its next phase of innovation and market expansion.

by Megan Carter