U.S. jobless claims rise to 242,000, highest level in three months
U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate and government sectors. The labor market remains...
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Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a "once-in-a-lifetime"...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations donate millions to President-elect Donald Trump’s inaugural committee, aiming to secure influence and access as his administration plans economic policy...
AI technology will enhance human creativity, say industry leaders
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts...
UAE’s first AI accelerator launched by Meta and Dubai Future Foundation
Meta and Dubai Future Foundation launch the UAE’s first AI accelerator, aiming to connect startups with UAE corporates and drive innovation using Meta’s open-source AI...
Historic EU decision sets precedent for global AI regulation
EU Parliament's historic decision paves the way for global AI regulation, setting comprehensive governance rules....
Pinterest shares dip on weak outlook, revenue miss
Pinterest shares dip on weak outlook and revenue miss, as CEO announces Google integration amidst challenges....
Meta shares surge 20% after announcing first-ever dividend
Meta shares surge 20% after historic first-ever dividend announcement, marking a significant milestone for the tech giant....
Meta and Ray-Ban unveil advanced smart glasses
The newly introduced Ray-Ban Meta smart glasses, a collaborative creation of Meta Platforms, Inc. and EssilorLuxottica, represent a significant advancement in wearable technology. Launched during...