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Rumble considers near $1.2 billion offer for German AI cloud group Northern Data
Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

The Star

time2 days ago

  • Business
  • The Star

Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

(Reuters) -U.S.-listed video platform Rumble is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG, according to separate statements from the companies and Reuters calculations. Rumble, also a cloud services provider, said a deal would integrate Northern Data's data center business and GPU cloud business with a significant number of Nvidia GPUs, into Rumble's existing operations. Rumble is considering offering 2.319 shares for each Northern Data share, both companies said. The exchange values Northern Data at about $18.3 per share (about 15.69 euros per share), based on Reuters calculations. This is at a discount of about 32% to the German company's last close. Rumble said its proposed offer assumes Northern Data's Peak Mining unit will be divested prior to the completion of the deal. Tether, the majority shareholder of Northern Data, has expressed support for the transaction, according to the statements. However, the companies said there is no certainty that the discussions will eventually result in a formal offer for the German group. (1 euro = $1.1664) (Reporting by Surbhi Misra and Shubham Kalia in Bengaluru; Editing by Rashmi Aich and Sherry Jacob-Phillips)

US strikes destroyed only one of three Iranian nuclear sites, NBC News reports
US strikes destroyed only one of three Iranian nuclear sites, NBC News reports

The Star

time17-07-2025

  • Politics
  • The Star

US strikes destroyed only one of three Iranian nuclear sites, NBC News reports

FILE PHOTO: Satellite image over Fordow, after the U.S. struck the underground nuclear facility, near Qom, Iran, June 22, 2025. 2025 Planet Labs PBC via REUTERS/File Photo (Reuters) -A new U.S. assessment has found that American strikes in June destroyed only one of three Iranian nuclear sites, NBC News reported on Thursday, citing current and former U.S. officials familiar with the matter. President Donald Trump rejected a military plan for further comprehensive strikes on Iran's nuclear program, which would have lasted several weeks, the report added. Reuters could not immediately verify the report. (Reporting by Surbhi Misra in BengaluruEditing by Bernadette Baum)

Indian juniors shine at South Korea squash tourney
Indian juniors shine at South Korea squash tourney

Time of India

time05-07-2025

  • Sport
  • Time of India

Indian juniors shine at South Korea squash tourney

1 2 Indian junior squash players delivered a stellar performance at the Asian Junior Squash Championships 2025, clinching two gold medals, two silver medals and three bronze medals on Saturday. The championship, held in the South Korean city of Gimcheon, saw India emerge as the top-performing nation of the tournament. The Indian contingent, trained under the guidance of coach Surbhi Misra from the Rajasthan Squash Academy, showcased remarkable depth and consistency across all age categories. The star performers for India were Anahat Singh and Aryaveer Dewan. Anahat won the Under-19 girls' title while Aryaveer romped home with the Under-17 boys' crown. Ayaan Dhanuka won silver in the boys Under-13 while Saanvi K claimed silver in girls' Under-15. India also secured three bronze medals in the semifinals - Anika Dubey (Girls Under-17); Aryaman Singh (Boys Under-15) and Amarya Bajaj (Boys Under-13). Coach Surbhi Misra praised the team, stating, "Our young Indian squash stars showcased exceptional talent, determination, and skill on the international stage. This is a proud moment for Indian squash."

Gunmen kill at least 100 people in Nigeria's Benue state, Amnesty International says
Gunmen kill at least 100 people in Nigeria's Benue state, Amnesty International says

The Star

time14-06-2025

  • The Star

Gunmen kill at least 100 people in Nigeria's Benue state, Amnesty International says

(Reuters) -At least 100 people have been killed in an attack by gunmen on a village in Nigeria's central Benue state, Amnesty International Nigeria said Saturday. The attack took place from late Friday into the early hours of Saturday in the village of Yelewata, the group said in a post on social media platform X. "Many people are still injured and left without adequate medical care. Many families were locked up and burnt inside their bedrooms," the post added. Benue is in Nigeria's Middle Belt, a region where the majority Muslim North meets the largely Christian South. The region faces competition over land use, with conflicts between herders, who seek grazing land for their cattle, and farmers, who need arable land for cultivation. These tensions are often worsened by overlapping ethnic and religious divisions. Last month, at least 42 people were shot dead by suspected herders in a series of weekend attacks across Gwer West district in Nigeria's central Benue state. Since 2019, the clashes have claimed more than 500 lives in the region and forced 2.2 million to leave their homes, according to research firm SBM Intelligence. (Reporting by Surbhi Misra in Bengaluru, Editing by Franklin Paul)

Pakistan extends airspace ban for Indian airlines until June 24
Pakistan extends airspace ban for Indian airlines until June 24

Zawya

time23-05-2025

  • Politics
  • Zawya

Pakistan extends airspace ban for Indian airlines until June 24

Pakistan extended its airspace closure for all Indian-owned or Indian-operated airlines until 4:59 a.m. local time on June 24, the Pakistan Airports Authority said in a statement on Friday. The restriction applies to "all aircraft registered, operated, owned, or leased by India" and includes Indian military aircraft, the authority said in a statement. The move extends restrictions first imposed last month amid continuing tensions between the two nuclear-armed neighbours. (Reporting by Ariba Shahid in Karachi; Writing by Surbhi Misra; Editing by Toby Chopra in New Delhi)

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