Toyota shares surge most in nearly 40 years as automaker raises annual outlook
Apart from announcing its revised annual outlook, Toyota also informed the media...
Category Technology
Uber forecasts lower profit as driver shortages, Iran war weigh on ride-hailing business
The company, in response to the operational headwinds, will be spending more...
Virgin Media O2 to cut thousands of jobs as cheaper ‘alt-nets’ intensify competition
Virgin Media O2, which employs 15,000 people, said that it would save...
Tesla sees surging vehicle registrations in Europe, gets beaten by Chinese in Denmark
The rebound has been aided by easier year-ago comparisons, higher fuel prices,...
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Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
Oracle caps additional AI funding at USD 20 billion, expands chip supply deal with Nvidia
Chief Financial Officer Hilary Maxson said Oracle expects free cash flow to...
Amazon’s AI spending fuels USD 42.4 billion cash burn, expenditure to increase further
Amazon reported a cash burn of USD 7.6 billion in the second...
Online Safety Act: Meta, TikTok and X lose UK legal challenge against Ofcom’s regulatory actions
Through their lawsuits, the companies argued that the regulator's requests for detailed...
Argentum AI seeks USD 5 billion chip financing as neocloud debt risks mount
The proposed deal comes as investors grow increasingly concerned about the sustainability...
NVIDIA and Meta expand collaboration on Muse family of AI models
Meta and NVIDIA will deepen their collaboration by partnering on optimisations across...
Porsche profit rebounds as CEO Michael Leiters pushes turnaround plan
Porsche, part of the Volkswagen Group, reported operating profit of 1.74 billion...