TikTok bans ad account promoting Alex Gibney’s Musk documentary
Bleecker Street was notified of a permanent suspension over political content, according to a media report. Meta and YouTube ultimately allowed trailer ads.
Globe And Street: global business and finance news
Tech
Anthropic says junior hiring share falls as meeting hours rise
The AI company’s workforce report also showed a smaller proportion of technical staff and changes in how employees use Claude.
Economy & Policy
Guterres calls for funding shift to tackle biodiversity loss
The UN chief said $7.3 trillion supported industries damaging nature in 2023, while biodiversity funding remains below half the agreed $200 billion.
- WorldEU-China agreement limits hybrid car exports and eases rare earths licensing
- MarketsTechnology losses weigh on global stocks as dollar slips
- Economy & PolicyGuterres calls for funding shift to tackle biodiversity loss
- CompaniesTesla unveils thruster-equipped Roadster, takes reservations
- IPO & DealsSoftBank considers Allied Universal deal at about $18 billion valuation
- Energy & CommoditiesWorld Bank sets $19 billion goal for critical minerals financing
- Crypto & Digital AssetsCircle targets expansion into about 40 new markets
- FinanceNorway panel proposes letting wealth fund invest in nuclear arms makers
- TechTikTok bans ad account promoting Alex Gibney’s Musk documentary
EU-China agreement limits hybrid car exports and eases rare earths licensing
The deal allows 350,000 Chinese hybrid cars into the EU annually under quotas, as officials question whether concessions will slow work on stronger trade defenses.
Technology losses weigh on global stocks as dollar slips
CoreWeave fell 13% amid scrutiny of AI financing, while Indonesian equities suffered their steepest decline since 1998 following an MSCI decision.
German lawmakers back tobacco tax increases, with upper-house vote pending
The government aims to collect an additional €12 billion over four years, while a standard cigarette pack is projected to cost €11.36 by 2030.
Wise lifts revenue growth outlook after cross-border payments rise 22%
The money transfer company expects fiscal 2027 net revenue growth toward the top of its 15% to 20% range, while keeping its margin outlook unchanged.
SoftBank considers Allied Universal deal at about $18 billion valuation
Discussions remain preliminary, with no decision on a price, as SoftBank expands its interest in robotics and AI infrastructure.
World Bank sets $19 billion goal for critical minerals financing
President Ajay Banga outlined a fivefold expansion over five years, with 20 countries identified as potential project partners.
Circle targets expansion into about 40 new markets
CEO Jeremy Allaire said demand is growing across developing regions as the issuer expands following a $400 million acquisition of Tazapay.
Norway panel proposes letting wealth fund invest in nuclear arms makers
The proposed exemption would cover manufacturers in nuclear-weapon states recognized under the NPT that are also Norway’s NATO allies.
Jev sets two-week adoption record on Vercel’s AI gateway
Vercel’s data shows TypeSafe AI’s decision model reached 35% of paid teams, nearly twice the reach of Sonnet 5.5.