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25Nov

Alphabet on pace to hit $4 trillion market value as AI gains momentum

Alphabet was on track to hit a historic $4 trillion market valuation on Tuesday, powered by an impressive year-long rally fueled by the Google parent's sharpened focus on artificial intelligence…
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25Nov

European companies cut jobs in response to slowing economy

Several European companies have frozen hiring or cut jobs this year, citing difficult economic conditions exacerbated by U.S. tariffs. Here are some of the companies that announced layoffs: CAR AND…
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25Nov

EasyJet beats annual profit expectations, lifts target for holidays business

British carrier easyJet reported better-than-expected full-year operating profit on Tuesday and lifted its medium-term target for its holidays business after meeting the previous goal early. Analysts deemed the quarter "reassuringly…
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25Nov

Meta to spend billions on Google’s chips, The Information reports

Meta Platforms is in talks with Google to spend billions of dollars on the Alphabet-owned company's chips for use in its data centers starting from 2027, The Information reported, a…
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25Nov

US negotiated Medicare prices for 15 more drugs to test cost savings promise

The U.S. government is expected this week to announce negotiated prices for 15 of the highest-cost prescription drugs under its Medicare health plan, a potential signal of the Trump administration's…
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25Nov

Alibaba revenue tops estimates with strong instant retail, AI push

Chinese e-commerce giant Alibaba, beat analysts' estimates for quarterly revenue on Tuesday as investments in one-hour delivery helped drive more users to its shopping apps, while its cloud division reported…
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25Nov

Panasonic’s energy unit to supply auto batteries to Amazon’s Zoox from 2026

Japan's Panasonic Energy will supply cylindrical batteries to Amazon's self-driving unit Zoox starting from early 2026 under a multi-year agreement, the Panasonic Holdings unit said on Tuesday. "Panasonic Energy will…
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25Nov

Anthropic unveils Claude Opus 4.5, its latest AI model following $350 billion valuation

Anthropic on Monday announced Claude Opus 4.5, its latest artificial intelligence model that the startup says excels at coding, using computers and assisting users with complex enterprise tasks. Claude Opus 4.5…
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25Nov

Hyundai showcases off-road ambitions with new rugged concept SUV

Hyundai Motor has ambitions to increase the rugged, off-road capabilities of its vehicles in the U.S., based on a new “Crater” concept SUV revealed Thursday. The rugged compact vehicle mixes Hyundai…
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24Nov

Judge in Google ad tech case seeks quick fix for web giant’s monopolies

The U.S. judge considering whether to order a breakup of Google's advertising technology business asked the Department of Justice on Friday how quickly such a remedy would take effect, saying,…
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