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BIZBBC News

Nvidia-backed AI data centre firm scraps mega stock market listing

Photo: BBC

Artificial intelligence (AI) data centre company Firmus has scrapped its plans for what would have been one of Australia's biggest-ever stock market listings.

The Nvidia-backed firm said it had made the decision due to "recent market volatility and prevailing market conditions" and that going public would not be in the company or shareholders' best interests.

Firmus had initially announced plans for a stock market debut that valued the company at more than $30bn (£22.65bn).

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BIZBBC News

'Add me to WhatsApp' scam calls to be investigated

The UK's data watchdog is investigating a spike in complaints about "robo calls" - where a recorded voice asks you to add them on WhatsApp - that are suspected to lead to a recruitment scam. The Information Commission's Office (ICO) had more than 3,600 complaints about automated calls in September - a five-year high and nearly three times the number it had in July. But it suspects millions of people are getting these calls and told BBC Radio 4's You and Yours it was "deeply concerned" by the sharp rise.

BIZBBC News

'I don't know what my partner earns': How soon into dating should you reveal your salary?

Watch: How soon into dating do you talk about your salary? We ask New Yorkers and Londoners You know their favourite restaurant, what happened with their ex and their most embarrassing childhood story. But do you know how much your partner earns? Money remains one of dating's trickier conversations. Bring it up too early and it can sound like you're sizing up their bank balance. But leave it too long and you could be planning a future with someone without knowing much about their finances at all.

BIZThe Guardian

Top bosses at Goldman Sachs to share bonus pot worth up to $500m

Eye-watering sum, to be split between 20 bankers, is one of the biggest payouts in the bank’s history Top bosses at Goldman Sachs are in line to share a bonus pot worth up to $500m (£378m) this year, marking one of the biggest payouts in the Wall Street bank’s history. The eye-watering sum will be shared between 20 bankers, with its chief executive, David Solomon, due to take about $100m (£75.6m) of the reward, which is made up of Goldman Sachs stock.