The US government is set to acquire a 10% stake in Oklahoma-based USA Rare Earth, as part of Trump administration’s $1.6 billion investment. The package is aimed towards supporting the firm to develop a local mine and magnet production facility, according to two sources familiar with the deal.In addition to this government-backed investment, USA Rare…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Wednesday renewed his push for the United States to acquire Greenland, saying the Arctic island is vital for American national security and for the “Golden Dome” defence system he claims Washington is building.In a post on Truth Social, Trump said, “The…
Add Techlomedia as a preferred source on Google. Netflix has announced one of the biggest entertainment deals ever. The company will acquire Warner Bros. for a total enterprise value of $82.7 billion. The equity value of the deal is $72 billion. This acquisition will take place after Warner Bros. Discovery completes the separation of its…