SoftBank is reportedly reducing its planned margin loan backed by its OpenAI stake from $10 billion to as low as $6 billion due to lender caution over OpenAI's valuation. The loan, intended to support SoftBank's continued AI investments, faces scrutiny as OpenAI remains a private company with a high $852 billion valuation but missed growth targets. Discussions with creditors continue, and the final loan amount may change. This move reflects growing concerns about the profitability and funding needs of AI ventures like OpenAI.
UBS Group AG has notified Bang & Olufsen A/S that its shareholding and voting rights have dropped below the 5% threshold, holding 4.85% as of July 8, 2026. This update is in accordance with the Danish Capital Markets Act, which requires disclosure wh...
Assassin’s Creed Black Flag Resynced, a remake of the 2013 original, sold 2 million copies on its first day, marking a strong launch for Ubisoft. The game achieved the highest concurrent player count ever for the franchise on Steam and topped Twitch ...
VKNG Digital, founded by marketing expert Dave Anderson, has launched to provide high-quality SEO and PPC strategies to small and medium-sized businesses in Lancashire. The agency aims to bridge the gap where smaller businesses often lack access to e...
Zach Rynes, Chainlink community lead, stated that XRP has no tangible adoption or meaningful role in the financial system, dismissing rumors that SWIFT plans to integrate XRP. This follows a former SWIFT executive's denial of such integration, debunk...
XRP has fallen about 70% since July 2025, with funding rates on Binance turning extremely negative, indicating strong bearish sentiment and heavy short positions. Open interest in XRP futures has dropped to $350.6 million, showing traders are closing...
