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Keywords: Big tech
U.S. stock index futures moved higher on Friday, with the Nasdaq 100 leading gains as a strong rally in Amazon helped offset a sharp decline in Apple following contrasting earnings updates from the two technology giants. The divergent market reaction illustrates how investors continue to differentiate......
The European Union has imposed two major fines totaling €890 million, or roughly $1 billion, on Google, escalating regulatory pressure on the US technology giant and potentially adding to tensions between Brussels and Washington. The European Commission issued a €460 million penalty......
A group of 25 U.S. lawmakers has urged President Donald Trump to respond more aggressively to the European Union's digital regulatory framework, arguing that the bloc's technology rules disproportionately affect American companies and could warrant formal trade action. The appeal adds a new......
Google has urged the European Union's highest court to uphold a lower court ruling that overturned a €1.49 billion ($1.7 billion) antitrust fine, arguing that the European Commission's legal challenge is based on flawed reasoning. The case was heard on Wednesday before the Court of Justice......
Amazon is preparing to raise at least $25 billion through a U.S. dollar-denominated bond offering, according to a media report, as the technology giant seeks additional funding to support its expanding artificial intelligence strategy. The planned debt issuance would rank among the company's largest......
Microsoft is eliminating approximately 4,800 jobs, representing about 2.1% of its global workforce, as the technology giant accelerates investment in artificial intelligence while seeking greater operational efficiency. The workforce reduction reflects a broader trend across the technology sector, where......
Spain is moving forward with stricter rules on social media platforms and artificial intelligence systems, even as major technology companies intensify lobbying efforts against new regulatory measures. The Spanish government has stated that the rapid expansion of digital platforms and AI tools requires......
Employment growth across major US technology companies has slowed sharply since the end of the pandemic hiring surge, even as layoffs continue and investment in artificial intelligence accelerates. An analysis by Business Insider shows that Amazon, Microsoft, Meta, Alphabet, and Apple collectively added......
The largest artificial intelligence infrastructure buildout in history is facing a serious threat. S&P Global warned Monday that the combined $635 billion Microsoft, Amazon, Alphabet, and Meta plan to spend on AI data centers, chips, and related infrastructure in 2026 could be disrupted by persistently......