Business and Technology

Business and Technology Prasiddha Pantha Business and Technology Prasiddha Pantha

London Stock Exchange Group to Acquire Octus for $3.5 Billion in Financial Data Expansion

London Stock Exchange Group (LSEG) announced on Oct. 22 that it had agreed to buy New York-based financial data company Octus for around $3.54 billion, marking it the largest acquisition in seven years. The acquisition would expand LSEG's presence in the private credit market as it looks to strengthen its financial data services internationally.

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Business and Technology Christiana Reyes Business and Technology Christiana Reyes

Biden’s Executive Order to Establish Regulations for Artificial Intelligence Usage

On Monday, Oct. 30, President Biden outlined the first federal regulations over the use of artificial intelligence (AI) systems. In light of AI becoming a fast-growing sector, Biden’s executive order seeks to oversee AI research and enforce AI testing requirements, in order to prevent the potential development of weapons or supercharged cyberattacks.

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