Tensions between Elon Musk, CEO of SpaceX, and former U.S. President Donald Trump erupted publicly this week, casting a shadow over the future of key American aerospace and defense initiatives. At the heart of the dispute are $22 billion in federal contracts awarded to SpaceX, now potentially at risk due to an intensifying political confrontation. This development arrives at a critical juncture for national space policy, military satellite deployment, and broader U.S. innovation strategies.
Tiger Securities, a Singapore-headquartered online brokerage firm, has announced plans to double its workforce in Hong Kong over the next two to three years. The move reflects the company’s strategic positioning to capture a larger share of the rapidly expanding offshore Chinese investment market. The firm’s CEO, Tianhua Wu, revealed the initiative in an exclusive interview with Reuters this week, citing favorable market conditions and evolving investor behavior as key drivers.
The global mergers and acquisitions (M&A) landscape has been heating up across the technology sector, particularly within Europe. U.S.-based private equity giant KKR & Co Inc. $KKR has intensified its pursuit of German IT services provider Datagroup SE $D6H.DE, revising its acquisition proposal upward from an initial €54 to as much as €58 per share. This development not only highlights the strategic importance of IT infrastructure in the post-digital transformation era but also signals investor confidence in the long-term potential of European mid-cap tech firms.