Netflix beats Q2’25 street expectations, revenue up 16%, raises full-year revenue outlook

Netflix reported a decent performance for the second quarter of the year…

Amazon lays off hundreds of employees from cloud unit AWS amid restructuring: Report

Amazon has reportedly laid off several hundred employees from its cloud computing…

Meta settles $8Bn privacy lawsuit involving Zuckerberg and other top executives: Report

Social Media juggernaut Meta and several of its top executives, including CEO…

Uber invests $300Mn in EV maker ‘Lucid’, teams up with ‘Nuro’ to launch a massive robotaxi fleet

Uber has announced a $300 million investment in electric vehicle company Lucid…

Tesla could launch new six-seater ‘Model Y L’ in China as EV race heats up

Tesla is reportedly preparing to launch a new six-seater version of its…

Huawei tops China’s smartphone market after 4 years, secures 18.1% market share

Huawei has returned to the top of China’s smartphone market for the…

xAI to receive $2Bn investment from SpaceX: Report

SpaceX has committed $2 billion to xAI, the AI startup founded by…

Elon Musk’s X reduces subscription prices in India by up to 47% on web and mobile apps

Elon Musk-owned social media platform, X (formerly known as Twitter), has reduced…

Indeed and Glassdoor to lay off 1,300 employees as AI dominates hiring industry

Indeed and Glassdoor are reportedly cutting around 1,300 jobs worldwide. Notably, Japan-based…

Nvidia makes history as the world’s first $4 trillion company, surpassing Microsoft and Apple

Nvidia has made history by becoming the first company in the world…

Nvidia-backed CoreWeave to acquire Core Scientific in $9 billion all-stock deal

CoreWeave (a company known for providing cloud infrastructure for AI) has announced…

Apple challenges €500 million EU fine in court over App Store rules

Apple has filed a legal challenge against the €500 million (~ $587…

Trump Media launches global streaming platform ‘Truth+’ across mobile and smart TVs

Trump Media & Technology Group (TMTG) – the company behind the ‘Truth…

US to restrict AI chip exports to Malaysia and Thailand over China bypass concerns: Report

The United States is reportedly planning to impose new restrictions on the…

Foxconn reports nearly 16% revenue growth in Q2 2025, driven by AI demand

Foxconn — the world’s largest contract electronics manufacturer — reported a nearly…

Nvidia nears historic valuation to become world’s most valuable company amid AI-driven stock boom

Nvidia is close to becoming the most valuable company in the world,…