Business
Making business sense of technology trends: product launches, cloud, chips and the companies behind them.

Hong Kong Expands Fintech Tokenisation and Digital Asset Initiatives
Christopher Hui outlined Hong Kong's fintech progress, covering digital bond issuance, stablecoin licensing, generative AI expansion, and a digital ledger for gold transactions.

Carrier Invests More Than $600M in Fort Worth Facility
Carrier is investing over $600 million to build a new advanced manufacturing and engineering center in Texas.

Advasa Reports Proposed 20% Share Forfeiture by Top Holder
Advasa Holdings announced its largest stockholder plans to surrender 97,413,140 shares, reducing outstanding common stock by approximately 20%.

Data I/O Completes Acquisition of V-TEK for $23 Million
Data I/O has finalized its acquisition of V-TEK in a deal valued at approximately $23 million to expand its semiconductor automation and service offerings.

Nebius Secures $3.5 Billion Financing Facility With Citi
Nebius announced a $3.5 billion senior secured facility from Citi to fund its global capacity build-out and data center development.

EDGE Markets Targets $2 Billion in NFL Season Volume
EDGE Markets announced it expects to process over $2 billion in transactions this NFL season, driven by real-time trading demand.

Spotify Reports Q3 2026 Revenue of €5.0 Billion and 788M MAUs
Spotify announced its Q3 2026 financial results with €5.0 billion in revenue, 788 million monthly active users, and new platform updates.

AT&T Posts Third-Quarter 2026 Revenue Growth and Fiber Gains
AT&T reported third-quarter 2026 results showing 5.3% revenue growth and strong customer additions across its advanced connectivity portfolio.

INVE Technologies Launches $20M Tender Offer and Q3 Results
INVE Technologies commenced a $20 million modified Dutch auction tender offer and reported preliminary third-quarter 2026 financial results.

Frequency Electronics Names Allen Kaplan as Chief Financial Officer
Frequency Electronics announced Allen Kaplan will take over as CFO on November 1, 2026, succeeding retiring executive Steven L. Bernstein.