Cisco Systems, the networking equipment manufacturer, has announced a workforce reduction of 5%, equivalent to over 4,000 jobs, and has revised its annual revenue target downwards. The company…
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The high court of Spain has temporarily halted the enforcement of 194 million euros ($209 million) in fines that were imposed on Amazon and Apple by the local…
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AI Investments Unseen in Alphabet & Meta Q4 Numbers Amid last year’s widespread excitement surrounding generative artificial intelligence, the anticipated influence of this technology on Alphabet’s advertising sector…
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China’s search engine giant Baidu (9888. HK) has scrapped its planned $3.6 billion acquisition of Nasdaq-listed JOYY Inc’s Chinese live-streaming business, YY Live. The failure of the deal…
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One of India’s largest payment apps, Google Pay, has reportedly begun charging users a convenience fee when they purchase a mobile recharge plan via the app’s unified payments…
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Zoom Video Communications raised its annual revenue and profit forecasts on Monday, as hybrid work trends and integrating artificial intelligence technology into its products boosted demand. The company…
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Elon Musk’s artificial intelligence startup xAI will be integrated into his social media platform X and available as a standalone app, the billionaire said in a post on…
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Billionaire Elon Musk’s X, formerly known as Twitter, is now valued at less than half of what he purchased it for a year ago. The company, which has…
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Panasonic Holdings (6752.T), which supplies Tesla (TSLA.O), cut automotive battery production in Japan in the September quarter and shrank the division’s annual profit forecast by 15%, underscoring a…
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Google parent Alphabets cloud business crawled to its slowest in at least 11 quarters, missing revenue estimates and sending the company’s stock down 5.7% after hours. The slide…
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