German automaker Volkswagen is reportedly exploring the possibility of establishing production facilities in the United States for its premium Audi and Porsche brands. The move is aimed at mitigating potential fallout from
Nvidia Corp., the world’s largest semiconductor company, suffered its biggest single-day stock drop in history on Monday, erasing $589 billion in market value. The 17% decline, its sharpest since March 2020, was
Chinese startup DeepSeek’s AI assistant has surged to the top of Apple’s iPhone download charts in the US, challenging assumptions about the dominance of American firms in artificial intelligence. The app, powered
Ericsson AB reported lower-than-expected earnings for the fourth quarter, as anticipated growth in Indian sales failed to materialise. The Swedish telecom equipment giant saw adjusted earnings before interest and taxes rise 33%
Rivian and Volkswagen’s joint venture is positioning itself as a key player in the rapidly evolving electric vehicle (EV) market, as it engages with automakers keen to leverage its advanced software and
The Qatar Investment Authority (QIA), a sovereign wealth fund managing $510 billion in assets, predicts a surge in U.S. technology deals under President Trump’s administration. With the administration’s pro-business stance, the QIA
President Donald Trump has announced the launch of a $500 billion initiative, dubbed the “Stargate AI Venture,” aimed at revolutionising artificial intelligence and its applications across industries. The ambitious project will be
Netflix’s stock saw a significant boost after the streaming giant reported higher-than-expected subscriber growth and announced plans for additional price increases. The company revealed a net addition of 8.76 million subscribers in
Netflix is set to release its Q4 earnings, with analysts closely watching the impact of the company’s recent ventures into live sports and the ongoing debate over future price hikes. The streaming
Australian telecommunications company Optus is reportedly considering selling its sports broadcasting rights as part of a broader strategic review. This move comes as the company assesses its core priorities and seeks to
