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TikTok and ByteDance’s proposed $400 million US children’s privacy settlement faces a judicial hurdle over termination of a 2019 consent decree. Representative image.

TikTok’s $400m US privacy settlement hits judicial hurdle over 2019 consent decree

CXMT is reportedly preparing a NAND flash research and development production line in Beijing as the newly listed Chinese memory-chip company expands beyond DRAM. Representative image.

CXMT targets NAND flash as $8.6bn IPO gives China’s memory champion room to expand

Morgan Stanley’s North Haven Private Income Fund is working through another oversubscribed repurchase offer as private-credit liquidity demand remains elevated. Representative image.

Morgan Stanley private credit fund again gets withdrawal requests above its 5% limit

OpenAI reportedly expects hundreds of billions of dollars of negative free cash flow as it finances massive computing and data-centre expansion through 2030. Representative image.

OpenAI’s reported $278bn cash burn reveals the financing scale behind frontier AI

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Insurance industry news

Relation Insurance expands national presence with strategic acquisition of Engle and Associates

Find out how Relation Insurance Services’ latest acquisition of Engle and Associates strengthens its local reach and national risk advisory expertise.

byPallavi Madhiraju

May 20, 2025

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