Apple cuts jobs across sales team
Apple said on Monday it is cutting jobs across its sales teams to strengthen its customer engagement efforts, noting that only a small number of roles will be impacted by…
Klarna to launch U.S. dollar-backed stablecoin, becoming the latest major payments company
Swedish fintech firm Klarna on Tuesday said it will launch a U.S. dollar-backed stablecoin, becoming the latest major payments company to move deeper into digital assets as regulators tighten oversight…
Singapore orders Apple, Google to prevent government spoofing on messaging platforms
Singapore's police have ordered Apple and Google to prevent the spoofing of government agencies on their messaging platforms, the home affairs ministry said on Tuesday. The order under the nation's…
Aramco venture capital to open Paris office for AI investment
Aramco Ventures, a subsidiary of Saudi national oil major Aramco, is opening an office in Paris to oversee European artificial intelligence investment expected to total hundreds of millions of euros,…
OpenAI temporarily blocked from using ‘Cameo’ after trademark lawsuit
OpenAI will not be allowed use the word “cameo” to name any products or features in its Sora app for a month after a federal judge placed a temporary restraining…
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…
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…
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…
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…
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…