According to people familiar with the situation, the merger of Walt Disney’s Star India and Reliance Industries Limited’s (RIL) Viacom18 is expected to be formally completed in early November after regulatory clearances in India.
The $8.5 billion merger will result in the creation of India’s largest and most influential media and entertainment empire. Viacom18 will provide Star India its assets as part of the merger agreement; Star India will run the business after the merger.
Nvidia has announced a new set of open-source artificial intelligence models, termed “Ising,” aimed at addressing persistent technical challenges in quantum computing. Quantum systems, while powerful in theory, face practical limitations due...
Investment in artificial intelligence has climbed to nearly $800 billion globally, reflecting the technology’s rapid transition into mainstream economic use. The surge is being driven by large-scale funding rounds and increasing adoption...
The Banque de France has recorded a windfall of approximately €12.8 billion after executing a carefully timed restructuring of gold reserves previously held in the United States, according to recent disclosures. The...
India has implemented a revised regulatory framework governing the Permanent Account Number (PAN), effective April 1, 2026, marking a shift toward tighter verification standards and more targeted monitoring of high-value financial transactions....
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