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Category: Business News

20Nov

Nvidia stock closes nearly 3% lower, wiping out post-earnings rally

Shares in artificial intelligence darling Nvidia initially popped as much as 5% Thursday after the U.S. firm beat expectations in third-quarter results, but later reversed that surge and closed nearly…
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20Nov

Waymo to begin manual drives in Minneapolis, Tampa and New Orleans, aims to open service in 2026

Alphabet’s Waymo on Thursday announced that it will soon begin manually driving its robotaxi vehicles in Minneapolis, Tampa and New Orleans. The Google sister company will start operating test drives in…
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20Nov

Google launches Nano Banana Pro, an updated AI image generator powered by Gemini 3

Google  on Thursday rolled out Nano Banana Pro, its latest image editing and generation tool, continuing the company’s momentum after launching its new Gemini artificial intelligence model earlier this week. The…
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20Nov

IBM, Cisco outline plans for networks of quantum computers by early 2030s

IBM, and Cisco Systems, on Thursday said they plan to link quantum computers over long distances, with the goal of demonstrating the concept is workable by the end of 2030.…
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20Nov

OpenAI taps iPhone assembler Foxconn to manufacture data center components in U.S.

OpenAI is partnering with Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, to design and build artificial intelligence data center components in the U.S., the AI startup’s latest announcement tied…
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20Nov

Palo Alto Networks to buy Chronosphere for $3.35 billion, raises annual forecasts

Palo Alto Networks, said on Wednesday it will buy cloud management and monitoring company Chronosphere for $3.35 billion, as the cybersecurity firm looks to strengthen its AI offerings. The Santa…
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20Nov

Japan announces $135 billion stimulus, NHK reports, in bid to support economy and consumers

Japan’s cabinet approved a stimulus package totaling 21.3 trillion yen ($135.5 billion) on Friday, as Prime Minister Sanae Takaichi seeks to boost the country’s slowing economy and offer support to…
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20Nov

Uber partners with Starship Technologies to launch robot deliveries in UK

Uber, will partner with Starship Technologies to launch autonomous robot deliveries in the UK in December, with plans to expand to additional European markets next year and the U.S. in…
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20Nov

Moderna takes $1.5 billion loan, expects 10% revenue growth next year

Moderna, said on Thursday it secured a five-year loan of $1.5 billion from Ares Management, as it targets up to 10% revenue growth next year. The vaccine maker, which is…
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19Nov

JetBlue to add Milan, Barcelona flights next year in push for high-spending travelers

JetBlue Airways is pushing its fleet of single-aisle planes deeper into Europe next year with seasonal daily flights to Milan, Italy, and Barcelona, Spain, from Boston, its latest bid to…
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