Google’s moneymaking machine still pumping out massive profits despite multiple threats
Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to…
Intel set for big drop in quarterly revenue as chipmaker struggles to bounce back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of…
Xiaomi launches faster version of flagship EV in challenge to Tesla
Xiaomi unveiled a luxury version of its SU7 electric sports car on Tuesday, saying the $114,000 model would rank as…
Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting
Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.’s profits this year, causing the company…
Apple launches the iPhone into the AI era with free software update
Apple is releasing a free software update that will inject its first dose of artificial intelligence into its iPhone 16…
Toyota, NTT to make $3.3 billion R&D investment for AI self-driving
Toyota Motor and Japan’s Nippon Telegraph and Telephone (NTT) will invest 500 billion yen ($3.26 billion) in research and development…
Boeing plans to launch effort to raise over $15 billion in capital as early as Monday
Boeing is set to launch as early as Monday its plan to raise more than $15 billion in capital. The…
Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros – Handelsblatt
Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10% wage cut and a two-year…
China Gold Demand Plunges as Record Prices Deter Jewelry Buyers
– Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third…
Intel’s $1.45 billion EU antitrust fine is officially history
A €1.06 billion EU antitrust penalty on chipmaker Intel for abuse of dominance dating back to 2009 (when it was…