Meta Platforms (META.O) and TikTok said a European Union supervisory fee levied on them was disproportionate and based on a flawed methodology as they took their fight with tech ...
Tesla (TSLA.O) tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk has said, as investors and fans of the electric ...
Walt Disney (DIS.N) and Comcast’s (CMCSA.O) Universal filed a copyright lawsuit against Midjourney this week, calling its popular AI-powered image generator a “bottomless pit of plagiarism” for ...
Nvidia (NVDA.O) will build its first artificial intelligence cloud platform for industrial applications in Germany, CEO Jensen Huang said this week at the VivaTech conference in Paris.
The technology, ...
The rush of financial firms setting up in Abu Dhabi to tap the oil-rich emirate’s wealth funds and Middle East markets will continue at pace, the official in charge ...
The Federal Reserve’s path to interest rate cuts starting in September appeared to widen on Thursday, after a pair of government reports pointed to cooler inflation and signs of ...
Slack, a Salesforce-owned workplace messaging app, recently blocked other software firms from searching or storing Slack messages, The Information reported, citing a public disclosure.
A spokesperson for Salesforce (CRM.N) ...
Goldman Sachs on Thursday trimmed its US recession probability to 30 per cent from 35 per cent for the next twelve months on easing uncertainty around President Donald Trump’s tariff policies ...
Japan’s Nintendo said on Wednesday it had sold more than 3.5 million Switch 2 units in the first four days after its launch, making the console the company’s fastest-selling gaming ...
The British economy will grow a mild 1 per cent this year with the Bank of England set to cut interest rates two more times in 2025, according to economists polled by ...
Pay growth in Britain slowed sharply and unemployment rose to its highest in nearly four years in the three months to April, official data showed on Tuesday, potentially making the ...
Britain’s Financial Conduct Authority (FCA) said on Tuesday it had appointed Sarah Pritchard as its deputy chief executive, a new role created to reflect the watchdog’s expanding remit, ...
The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3 per cent, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly ...
Britain lacks the computing infrastructure to deliver the full potential of its leading artificial intelligence research base, Nvidia’s (NVDA.O) CEO said on Monday, as the UK partners with ...
Apple is facing an unprecedented set of technical and regulatory challenges as some of its key executives are set to take the stage on Monday at the company’s annual ...
OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate for earlier pumping above target and Saudi ...
Saudi Arabia’s economy grew by more than expected in the first quarter of 2025, according to government data estimates, with lower oil prices impacting the economy less than previously forecast.
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Warner Bros Discovery (WBD.O) said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of ...
US chipmaker Qualcomm (QCOM.O) agreed to acquire Alphawave (AWE.L) for about $2.4 billion on Monday, as it expands into the booming AI data center market, sending shares of the ...
This year’s annual lecture in economics from the Cyprus Economic Society, featured Sir Paul Collier, a pre-eminent global development economist and professor of Economics and Public Policy at the ...
Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, but one area stands out: software development.
So-called code generation or “code-gen” startups are ...
Surging government debt levels are becoming a pressure point for big economies and bond investors have their sights on those not doing enough to improve their finances.
A Moody’s ...
Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures ...
Spending on AI-powered search advertising is poised to surge to nearly $26 billion by 2029 from just over $1 billion this year in the US, driven by rapid adoption of the technology and ...