Applied Digital ( APLD ) said on Monday it has entered into two 15-year leases with CoreWeave ( CRWV ), a specialized cloud services provider backed by Nvidia ( NVDA ), which will generate about $7 billion in revenue for the data center operator over the lease period. WHY IT'S IMPORTANT The deal could prove to be a major lifeline...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

09:41 AM EDT, 06/02/2025 (MT Newswires) -- Teck Resources ( TECK ) said Monday that it has temporarily shut down the semi-autogenous grinding mill at its Carmen de Andacollo copper mine in Chile due to a mechanical issue. The metals and mining company said it expects the shutdown to last one month as the mill is repaired. Teck said it...

09:44 AM EDT, 06/02/2025 (MT Newswires) -- Nebius Group ( NBIS ) said Monday it has agreed to sell $1 billion of convertible notes in a private placement to support expansion. The company said it will issue two sets of senior unsecured convertible notes, with the first $500 million maturing in 2029 with a 2% annual rate, and another $500...