Grafa News and Videos — Page 383

Celsius Resources (ASX:CLA) announced that Equinaire Holdings has issued legal notices seeking to foreclose on the company's 40% interest in Makilala Mining Company.

South Korea's Financial Supervisory Service has sent an inspection letter to Dunamu, the operator of Upbit, after last year's US$36 million crypto hack.

Fletcher Building (ASX:FBU) has secured a government agreement providing up to NZ$60 million to support its Golden Bay Cement operations.

Gold miner St Barbara (ASX:SBM) lifted its quarterly gold production by 8% to 14,658 total ounces.

ASIC has secured a record $830 million in civil penalties over the financial year ended June 30.

Professional services firm KPMG penalised seven personnel with financial sanctions reaching as high as $180,000.

The Victorian Government announced new laws lowering the 10% threshold to sue digital platforms.

• The federal government created a centralised Office of AI within the Department of the Prime Minister and Cabinet to manage national artificial intelligence policies and fast-track approvals.
• The structural alignment follows a record $6 billion in March quarter tech equipment.
• Market operators face key structural headwinds, including data centre grid integration, domestic copyright protections, and community infrastructure pushback.

• PayPal Holdings (NASDAQ:PYPL) reportedly received a $60.50-per-share acquisition proposal from Stripe and Advent International, valuing the company above $53 billion.
• PayPal reported Q1 revenue of $8.35 billion and $464 billion in payment volume, while its shares gained 13.3% after the reported offer.
• The wider digital payments sector faces pressure from changing consumer habits, competition, cost controls, and companies investing in new payment infrastructure.

• Meta announced that production of an in-house artificial intelligence processor will commence in September to reduce third-party reliance.
• The business projects total computing infrastructure spending will reach $145 billion this year to support rapid hardware scaling.
• Traditional hardware suppliers face shifting market dynamics as dominant technology platforms actively diversify their global supply chains.