Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Autodesk, a manufacturer of design software, announced on Thursday that it would eliminate around 1,000 jobs, or 7% of its global staff, in order to
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
On Friday, the African Development Bank (AfDB) announced that it had authorized a €100 million ($114 million) loan to support the construction of Africa's first
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
In an attempt to win over the shareholders of the Hollywood behemoth for its $72 billion merger and possibly avert a hostile bid from Paramount,
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
The British company’s shares increased 40% on Monday after Zurich Insurance Group made an upgraded bid of 7.67 billion pounds ($10.3 billion) for specialty insurer
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
On Saturday, a historic international agreement to protect high seas biodiversity went into force, giving nations a legally enforceable framework to address challenges like overfishing
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
The government said on Wednesday that China’s trade surplus reached a record of about $1.2 trillion in 2025 as exports to other nations compensated for
Grok will geoblock sexualized images of women and children in areas where they are illegal, X says.
Elon Musk’s AI chatbot Grok won’t be able to alter images to show actual individuals in skimpy attire in locations where it’s prohibited, X says.
U.S. Bancorp expands its footprint in the capital markets with a $1 billion purchase of BTIG.
To strengthen its position in the capital markets, U.S. Bancorp announced on Tuesday that it would purchase Wall Street brokerage BTIG for up to $1
Alphabet hits a $4 trillion valuation as investors continue to bet on AI breakthroughs.
Alphabet Inc., the parent company of Google, became the fourth Big Tech giant to reach a valuation of $4 trillion on Monday. This once-unthinkable milestone
Ethiopia starts building “Africa’s biggest airport” for $12.5 billion.
On Saturday, Ethiopian Airlines formally began a $12.5 billion building project in the Ethiopian town of Bishoftu, which officials claim would be Africa’s largest airport
Meta enters deals for massive nuclear power to energize AI data centers.
To power its artificial intelligence data centers, Meta has signed three agreements, obtaining enough energy to light up around five million homes. Facebook’s parent company
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