PRINCIPAL MINERAL ACQUIRES CERBERUS-BACKED PCB FIRM
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Principal Mineral is acquiring a Cerberus Capital Management-backed company that manufactures critical components for printed circuit boards. The deal targets a key supplier for automotive, aerospace, and AI infrastructure markets.
■ MORE FROM THE BUSINESS DESK
India's Serious Fraud Office has recommended an investigation into Xiaomi for alleged business model irregularities and violations of foreign investment laws. The recommendation marks a significant regulatory challenge for the Chinese smartphone maker in one of its largest markets.
European unicorn founders and venture capitalists have signed an open letter urging EU lawmakers to preserve the integrity of a proposed EU-wide corporate status, warning against diluting the framework during ongoing negotiations.
California's governor signed sweeping legislation targeting youth social media use and AI chatbots. The laws aim to restrict minors' access to algorithmic feeds and limit how AI systems interact with children.
A federal judge dismissed lawsuits against LinkedIn over its scanning of Chrome browser extensions, ruling plaintiffs failed to demonstrate an actual privacy violation.