Online giant eBay announced that it has acquired the clothing resale platform Depop from Etsy for $1.2 billion, as reported by the Associated Press. The agreement happens as the secondhand market is growing, drawing customers because of lower prices and the chance to discover special items, and it also fits with the movement to cut down on waste. eBay's CEO, Jamie Iannone, noted that the...

Japanese car company Suzuki Motor has introduced its initial electric vehicle, the e VITARA SUV, in India. This model was created through collaboration with Toyota. Maruti Suzuki, which is the Indian branch of Suzuki, has started selling the basic model at a price of 1.1 million rupees ($12,100), as stated in an official announcement. Customers will have the option to lease a battery at a rate...

Elon Musk, the billionaire, revealed at a company-wide gathering that his American AI startup, xAI, will revise its internal setup following its merger with his own SpaceX. A video of the meeting has been shared on the xAI microblog. According to Musk, the business operations of xAI will be organized into four primary areas.  One team will work on the Grok chatbot, another team will focus on...

Italy's Eni, which secured the exploration license for offshore Block O1 in Libya via an international bidding process, will carry out the project as part of a consortium including QatarEnergy. Eni stated that the contract area is situated within the Sirte basin and spans roughly 29,000 square kilometers. The company also mentioned that the block includes several confirmed hydrocarbon deposits,...

French oil and gas company TotalEnergies reported a decrease in its net profit for the fourth quarter of 2025. This decline was more than 26% compared to the same period in the previous year and also 21% when compared to the previous quarter. In the period from October to December, the company's net profit amounted to $2.906 billion, which is lower than the $3.956 billion recorded a year ago and...

The governor of the Bank of France, François Villeroy de Galhau, is set to step down from his position before the usual time. The Governor of the Bank of France, François Villeroy de Galhau, will step down from his position in early June this year, according to an announcement made by the central bank.  His second term in office was set to conclude in October 2027.  In a letter...

US Democratic Senators Elizabeth Warren and Andy Kim urged the Pentagon to investigate Elon Musk's SpaceX, which is ranked first in Forbes' list of global billionaires with a reported net worth of $835.4 billion as of February 5. This comes amid concerns that Chinese investors may be secretly buying shares in the company, according to a letter sent to US Defense Secretary Pete Hegseth, as...

Tether, the company behind the world's largest stablecoin, USDT, has lowered its expected fundraising target for a new funding round, according to a report by the Financial Times, which is based on information provided by sources close to the discussions. This was confirmed by Tether's CEO, Paolo Ardoino. In September 2025, Tether intended to secure between $15 and $20 billion through a funding...

On February 4, AMD's stock price dropped by 14.9% on the Nasdaq, reaching a low of $206, as reported by trading data. Investors expressed disappointment with AMD's sales forecast, according to Bloomberg, as they had anticipated greater growth in the artificial intelligence sector. AMD anticipates its revenue for the first quarter of 2026 to be approximately $9.8 billion, with a possible variation...