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Dutch state-backed finance institution Invest International will provide semiconductor manufacturer Nexperia with a $60 million loan to support investments across its global production facilities. The funding aims to expand output capacity, modernize manufacturing lines and improve operational efficiency. Nexperia, based in the Netherlands and owned by China’s Wingtech, has been at the center of a […]
Activist investor Starboard Value is preparing to seek a major restructuring of Tripadvisor’s board, aiming to nominate a majority slate of directors to the company’s eight-member leadership team. Starboard, which has built a stake of over 9% in the travel platform, is expected to outline its plans in a formal letter to the board. The […]
Elon Musk’s AI chatbot Grok is under growing scrutiny worldwide as governments move to curb the spread of sexually explicit deepfake content generated through the platform. Authorities across Europe, Asia, the Americas and Oceania have launched investigations, imposed restrictions or demanded safeguards amid concerns over privacy violations and risks to minors. European regulators are examining […]