Source: Reuters

379 Stories

Foxconn Reports Record Q2 Revenue, Cautions About Geopolitical And Exchange Rate Risks

This cautious statement from Foxconn is buried in an otherwise positive earnings report, but it reveals the discreet anxiety that is gripping global tech manufacturing. Despite posting record Q2 revenue...

Reuters

Investment firm Azoria postpones Tesla ETF after Musk plans political party

This quote from Azoria CEO James Fishback is a turning point in how investors view CEO political involvement. When an investment firm postpones a Tesla ETF because of Musk's political...

Reuters

Trump Announces U.S. to Begin Talks with China on TikTok Deal

U.S. President Donald Trump has announced that the United States will start negotiations with China this week regarding a potential deal for the TikTok app. Speaking on Air Force One,...

Reuters

Shein was fined 40 million euros due to misleading discounts

France has set its laws for online shopping. If any brand offers discounts, it should be based on the lowest price in the past 30 days. They have set out...

Reuters

Alibaba Plans to Raise $1.53 Billion With Exchangeable Bonds For Cloud And Commerce push

Alibaba is raising $1.53 billion because it's racing to avoid being left behind in the AI revolution. The Chinese e-commerce mammoth knows that just being good at e-commerce isn't enough...

Reuters

China Wants Self-Driving Cars to Be Fast AND Safe

China is playing a smart game with self driving cars that could leave other countries in the dust. While the U.S. struggles with confusing regulations that frustrate tech companies, China...

Reuters

Microsoft Layoffs 4% of Jobs Amid Hefty AI Bets

The move made by Microsoft to reduce its global workforce by around 4%, or about 9,000 jobs, marks a significant change in strategy as the company makes a double down...

Reuters

Robinhood Creates Fake OpenAI Tokens Without Permission

This quote reveals something sketchy that’s happening in the financial world. When a major company like Robinhood won't clearly explain how they're doing something, that's a red flag. Robinhood started...

Reuters

French and Swiss Business Software Giants Unite to Create New Billion-Dollar Player

Two smaller companies are joining forces to take on Microsoft, one of the biggest tech giants in the world. LumApps and Beekeeper just created a $1.1 billion company by combining...

Reuters

Alibaba Cloud Strengthens Southeast Asian Footprint with New Data Center Expansions

This announcement might sound boring, but it's actually a big deal in the global tech power struggle. Instead of building data centres, Alibaba is making a strategic mind map for...

Reuters