Monthly Archives: October 2025

xAI hires former Morgan Stanley banker Anthony Armstrong as CFO

[ad_1] Elon Musk’s AI company, xAI, now has a new chief financial officer: Former Morgan Stanley banker Anthony Armstrong, the Financial Times reported, citing anonymous sources. Armstrong, who previously advised Musk during the Twitter deal, will oversee the finances of both xAI and X, which were merged in April, the …

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Microsoft buys another 100 MW of solar, this time in Japan

[ad_1] Microsoft is buying 100 megawatts of solar capacity from Japanese developer Shizen Energy, the latest in a string of renewable energy deals designed to power the tech company’s growing compute needs.  The agreement, which the companies announced late last week, covers four different solar developments; one is already operating …

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EU channels Trump with tariffs to shield steel sector

[ad_1] The EU executive will propose doubling levies on steel imports to 50 percent. Photo: Ina FASSBENDER / AFP/FileSource: AFP The European Union will take a page out of US President Donald Trump’s tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel — …

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