OpenAI advertising business passes $1 billion in annual revenue

The deal ran into opposition from a dissenting shareholder and former Gold Basin president and director, who held about 1.45 percent of the shares voted against approval and spoke for holders representing roughly 7.9 percent in total. He argued the price was unfair because it rested on the market value of the shares when a cease trade order…

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Mumbai: Overseas investors remained net buyers across sectors in the first half of July, marking a second consecutive fortnight of inflows and the strongest purchase since early February, according to NSDL data. Consumer services, including e-commerce and hotels, attracted the highest foreign buying during the period, followed by metals and mining and healthcare. In contrast,…

Lineage Bank, which was a partner bank for Synapse, the banking-as-a-service (BaaS) provider that went bankrupt in 2024, has reached a consent order with the Federal Deposit Insurance Corporation (FDIC). According to the consent order dated June 24 and announced by the FDIC in a Friday (July 31) press release, Lineage Bank “has consented, without admitting or denying any charges…

Singapore is overhauling its landmark baby bonus scheme, first introduced in 2001, as the city’s fertility rate and number of births fall to record lows.  In 2025, births in the Southeast Asian country fell below 30,000 for the first time in its post-independence history, while the fertility rate dropped to just 0.87 per woman, a…