Amazon sets $48B India investment plan through 2030
Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in New Delhi and announced plans to invest $48 billion in India from 2026 to...
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Nvidia and Meta lead tech recovery on Wall Street
U.S. stocks posted strong gains on Thursday, driven by a rally in technology shares, even as uncertainty continued over potential progress in trade negotiations between...
Anthropic raises $3.5B, valuation skyrockets to $61.5B
AI startup Anthropic has seen its valuation soar to $61.5 billion following its latest funding round, marking a threefold increase in a short span. The...
Meta job cuts hit thousands as AI investments reshape workforce
Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs,...
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The...
Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Nvidia shares dropped 14% in premarket trading on Monday, leading a widespread sell-off in global technology stocks after Chinese AI startup DeepSeek revealed advancements that...
1,700 jobs cut as Amazon exits Quebec warehousing operations
Amazon announced it will close all seven of its warehouses in Quebec, Canada, over the next two months, eliminating approximately 1,700 full-time jobs and 250...
Wall Street rallies on softer-than-feared Trump trade policies
The Dow Jones Industrial Average surged on Tuesday as investors reacted positively to President Donald Trump’s comments and initial actions on trade policy, which appeared...
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations are committing millions of dollars to President-elect Donald Trump’s inaugural committee, signaling efforts to secure influence and access as his...
AT&T mandates full in-office work for employees starting January 2025
AT&T will require all office employees to work on-site five days a week starting January 2025, tightening its return-to-office policy. This change marks a departure...