Schaeffler and Spire Global have signed an MoU to develop sovereign-European space hardware and satellite platforms in Germany, scaling Spire’s Munich facility for defence buyers.
China’s $1.1bn AI and robotics investment in Serbia lands four days after the largest anti-Vučić protests in months. Brussels has yet to develop a coherent response to either.
Vincent Bolloré has formally rejected Bill Ackman’s $64bn Pershing Square offer for Universal Music Group, ending the largest music-industry take-private bid in history.
The ECB has told eurozone banks they must tighten cyber-security in response to AI-led attack tools, in a formal Wednesday statement following weeks of private guidance.
China’s SAMR has fined Luxshare and Wingtech for procedural violations in their now-collapsed asset deal, signalling tighter merger enforcement.
Milan group-adventure-travel platform WeRoad has raised a $58M Series C led by Airbnb, which took a 10% stake while hiring CEO Andrea D’Amico to lead its hotels division.
Samsung’s 10.5%-of-profit bonus formula closes its labour dispute and creates a precedent the rest of the Korean chaebol system will be benchmarked against.
UBS analyst Timothy Arcuri lifted his Micron price target to $1,625 on Tuesday, implying a $1.8tn valuation, on the basis that long-term HBM agreements compress the memory cycle.
Qualcomm has struck an AI-chip supply and manufacturing-services deal with ByteDance, the TikTok parent, designed to stay within US export-control thresholds.
Taiwanese prosecutors suspect at least one shipment of US-restricted Nvidia AI chips was smuggled to China via Japan, in Taiwan’s first public AI-chip diversion case.
At Computex 2026, Jensen Huang said Nvidia’s Taiwan spending will reach $150bn a year, framing Taiwan as the “epicentre” of the AI revolution.
SK Hynix’s market cap topped $1 trillion in Seoul trading on Wednesday, making the Korean memory firm the third chip company after Nvidia and TSMC to cross the mark.