ClassPass claims $3.1 billion milestone as Playlist EGYM merger reshapes fitness tech

ClassPass says it has generated a total of 3.1 billion dollars in revenue for fitness and wellness studios worldwide since its launch in 2013, underscoring its argument that the booking platform delivers incremental income rather than cannibalizing in house memberships. The figure, nearly double the 1.6 billion dollars the company cited in......

China urges banks to reduce US Treasury exposure as Western allies boost purchases

China’s financial regulators have instructed domestic banks to cut their investments in US Treasury securities, signaling an effort to reduce exposure to American debt as global financing dynamics shift. Bloomberg reported that Beijing issued the directive through informal “window guidance,” advising banks to limit new purchases......

Amazon and global investors pour $110 billion into OpenAI

OpenAI has secured a record breaking 110 billion dollars in new funding, more than doubling the size of its previous capital raise and cementing its position at the center of the artificial intelligence race. The deal values the ChatGPT maker at 730 billion dollars before the new money, placing it among the world’s most valuable private......

Dollar gains momentum as Fed turns hawkish and Iran tensions flare

The US dollar is set for its first monthly gain since October, supported by renewed geopolitical risks and a more assertive stance from the Federal Reserve. The dollar index rose near 97.65 late Friday, up between 0.6 and 1.4 percent against major global currencies, reflecting investors’ sharp shift toward safe-haven assets amid rising......

Bezos AI lab plans massive industrial acquisition push

Jeff Bezos’ artificial intelligence venture Project Prometheus is seeking tens of billions of dollars to build a new holding company that will buy industrial businesses reshaped by AI, deepening the Amazon founder’s latest return to an executive role in the technology sector. The planned vehicle would target manufacturers in areas......

Gold prices stay above $5,000 as ETF and retail demand surge

Gold prices remain above $5,000 per ounce in late February, supported by strong inflows into exchange-traded funds (ETFs) and growing interest from a younger generation of investors. The metal is trading near $5,200, reflecting a gain of about 6.7% this month as demand broadens from central banks and institutions to individual buyers. The......

Audi reshuffles global leadership as part of strategic reorganization

Audi has announced a broad executive reshuffle across its key markets in North America, China, Canada, and South Korea, effective April 1, as part of efforts to strengthen its global operations and boost sales in underperforming regions. The German automaker described the move as part of its most extensive product launch initiative in company......

Silver rises above $90 as tariffs and Middle East tensions trigger safe-haven demand

Silver prices climbed sharply on Friday, surpassing $90 per troy ounce as growing trade uncertainty in the United States and escalating Middle East tensions ignited a wave of safe-haven buying. The rally also reflected tightening physical supplies, amplifying the white metal’s role as both a hedge against risk and a critical industrial......

Bungie launches open beta for Marathon ahead of full release

Bungie opened access to the Marathon Server Slam this week, marking the first large-scale public test of its upcoming sci-fi extraction shooter before its official launch on March 5. The open beta, which began on February 26 and runs until March 2, is available on PlayStation 5, Xbox Series X|S, and PC with full cross-play and cross-save functionality.......

Gold gains poised for seventh straight monthly rise as safe-haven demand persists

Gold hovered near recent highs on Friday and remained on track for a seventh consecutive monthly increase, supported by persistent safe-haven interest, renewed U.S. tariff uncertainty and ongoing geopolitical tension in the Middle East. Spot prices have advanced more than 6% so far in February, extending a powerful run that has taken the metal......

Interstellar comet 3I/ATLAS departs after brief stop in our skies

Interstellar comet 3I/ATLAS is now racing away from the inner solar system after a fleeting but revealing visit that has given astronomers fresh insight into the chemistry of deep space. The icy body is only the third confirmed object known to have entered our planetary neighborhood from another star system, following 1I/‘Oumuamua in......

Satellite mega-constellations raise climate and ozone concerns

The rapid expansion of satellite constellations in low Earth orbit is drawing increasing concern from the scientific community. Researchers warn that the routine incineration of decommissioned satellites as they reenter the atmosphere could alter Earth’s climate and threaten the ozone layer. As companies like SpaceX seek approval to......

Türkiye closely monitors US operations in Syria and Iraq, ministry says

Türkiye’s National Defense Ministry announced on Thursday that it is closely monitoring US military activities in Syria and Iraq, alongside other regional developments, to ensure national security and maintain situational awareness. According to ministry sources, Washington’s reassessment of its presence in Syria is influenced......

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