Business

Shares of Meta rose 11%, while Microsoft’s stock climbed 4% on Thursday following better-than-expected quarterly earnings that beat both revenue and profit forecasts. Both companies have been heavily investing in…

Microsoft has ended a decades-long practice of explicitly naming its rivals in regulatory filings. Its latest annual report, released Wednesday, contains no mentions of longtime competitors such as Apple or…

OpenAI revealed plans on Thursday to launch Stargate Norway, its inaugural AI data center in Europe. The project is a partnership with British AI cloud infrastructure company Nscale and Norwegian…

Tesla has quietly stopped accepting new orders for its Model S and Model X luxury electric vehicles across Europe. After reviewing Tesla’s European websites—including Italy, Germany, France, Spain, and Croatia—it…

Ford, a major player in the motor industry, has announced it anticipates tariffs will cost the company approximately $2 billion this year, a figure higher than its previous forecast. The…

OpenAI announced Thursday that it is launching its first AI data center project in Europe, branded as Stargate, located in Norway. The initiative marks a significant expansion of OpenAI’s global…

Nvidia has firmly denied that its chips contain any “backdoors” enabling unauthorized access or control, following a meeting between its officials and Chinese regulators over concerns related to its H20…

Meta announced in its second-quarter earnings report that it plans to more than double its spending on AI infrastructure, including data centers and servers. The company expects its 2025 capital…

Robert Markert, a longtime supervisor at SpaceX, claims he warned leadership that part of the rocket fairing recovery process posed serious safety risks that could cause injury or death. According…

President Donald Trump’s return to office shook global trade with new and higher tariffs, initially targeting Chinese imports and quickly expanding to goods from nearly every country. Rising Costs Hit…

Online retailers are facing significant challenges due to President Donald Trump’s tariffs and the recent changes to the de minimis exemption. Shein, a Singapore-based fast fashion e-commerce giant, has seen…

Nvidia on Thursday called data centers built using smuggled chips a “losing proposition,” emphasizing it does not support unauthorized products. The statement follows a report from the Financial Times revealing…

Intel’s stock fell more than 8% after the chipmaker announced plans to significantly reduce foundry costs, its latest effort to revive a struggling business segment. Despite beating revenue expectations and…

Amazon announced a lower-cost version of its color screen Kindle, making the device more accessible. The new 16GB model, priced at $249.99, offers a $30 discount compared to the original…

Meta announced on Friday that it will cease selling and displaying political ads in the European Union starting this October. The decision follows the introduction of the EU’s Transparency and…

Amazon is turning to the startup world to tackle a persistent logistics challenge: fraudulent product returns. This scam, where shoppers request refunds but return empty packages or unrelated items instead…

Google CEO Sundar Pichai said he is “very excited” about supplying OpenAI — Google’s biggest AI competitor — with cloud computing resources to train and serve OpenAI’s AI models, following…

YouTube continues to lead the streaming market, reporting a 13% year-over-year increase in advertising revenue, according to Alphabet’s second-quarter earnings released Wednesday. The platform’s ad revenue reached $9.8 billion, up…

Tesla’s second-quarter results for 2025 reflected several headwinds: declining electric vehicle (EV) sales, a lower average selling price, reduced revenue from regulatory credits, and a drop in solar and energy…

Britain’s Competition and Markets Authority (CMA) announced plans to designate Apple and Google as companies with “strategic market status” (SMS), identifying them as dominant players with significant control over digital…