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LG Electronics India’s IPO Tops Parent In Value

LG Electronics India Limited’s initial public offer sparked frenzied activity, quickly rising to a market capitalization of $13 billion—surpassing its parent, LG Electronics of South Korea, valued at $9.4 billion. It was the eighth-largest IPO in India. LGEINDIA got listed on both the National Stock Exchange and the Bombay Stock …

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SoftBank’s Nvidia sale rattles market, raises questions

Masayoshi Son isn’t known for half measures. The SoftBank founder’s career has been studded with eyebrow-raising bets, each one seemingly more outrageous than the last. His latest move is to cash out his entire $5.8 billion Nvidia stake to go all-in on AI. And while it surprised the business world …

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Paramount Pursues WBD While Netflix, Comcast Circle

Warner Bros Discovery, the media conglomerate behind HBO, CNN, and the Warner Bros film studio, is exploring a sale—just three years after WarnerMedia and Discovery combined to form the unified giant. The discussions follow an earlier announcement in June this year, when the company’s board said it was considering unwinding …

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Developers On AI: Trust But Verify

Despite its broad adoption, AI raises questions among the coding community. Artificial intelligence has gone from a novelty to widespread adoption among software developers, with 90% of developers using the technology in their workflows, up 14% from a year earlier, according to a study by Google Cloud’s DevOps Research and …

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Wonderful raised $100M Series A to put AI agents on the front lines of customer service

Israeli AI agent startup Wonderful has raised $100 million in a Series A round led by Index Ventures, with participation from Insight Partners, IVP, Bessemer, and Vine Ventures. The large round, in a market already crowded with AI agent startups, suggests Wonderful has convinced top tier investors it’s not just another GPT wrapper, but a company building the infrastructure and …

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