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Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
Grok will geoblock sexualized images of women and children in areas where they are illegal, X says.
U.S. Bancorp expands its footprint in the capital markets with a $1 billion purchase of BTIG.
Alphabet hits a $4 trillion valuation as investors continue to bet on AI breakthroughs.
Ethiopia starts building “Africa’s biggest airport” for $12.5 billion.
Meta enters deals for massive nuclear power to energize AI data centers.
On Friday, President Donald Trump criticized Fed Chair Jerome Powell for failing to lower short-term interest rates and called on the board of governors to
Microsoft reported on Wednesday that its flagship Azure cloud computing platform generated over $75 billion in annual revenue, representing a 34% increase over the previous
In response to claims that Meta Platforms misused its power by integrating its artificial intelligence tool on the messaging app WhatsApp, Italy’s antitrust body announced
By placing a 15% import duty on the majority of EU goods, which is half the feared rate, the U.S. and the European Union reached
In a document released by the government agency and obtained by reporters, Mexico’s antitrust watchdog COFECE concluded that 21 banks and financial organizations operating in
After receiving regulatory permission for the $8.4 billion agreement, Paramount Global stated on Friday that it anticipates finishing its merger with Skydance Media by August
The U.S. social media company Meta Platforms announced on Friday that it will stop political, electoral, and social issue advertising on its platform in the
The board of Bank of America approved a $40 billion stock repurchase program on Wednesday, according to a new report. The bank stated that the
Sam Altman, the CEO of OpenAI, has forewarned the financial sector of a “significant impending fraud crisis” due to the capacity of artificial intelligence technologies
An additional 4.5 gigawatts of data center capacity will be developed by OpenAI and Oracle, extending their partnership that has committed hundreds of billions of
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