Russian President Vladimir Putin has ordered the prime minister and the director of the Federal Security Service (FSB) to ensure access to key medical, information and payment services during periods when mobile internet service is limited.
Honeywell’s Quantinuum is targeting a valuation of up to $14.3 billion in its upsized U.S. initial public offering, underscoring robust investor appetite around quantum computing.
IBM said on Thursday it has committed $5 billion to an initiative that will deploy engineers and AI tools to help companies better secure open source software.
Chinese e-commerce giant JD.com’s $2.5 billion bid for German electronics retailer Ceconomy may involve Chinese subsidies, European Union competition regulators warned on Thursday as they opened a full-scale investigation into the deal.
Spotify said on Tuesday it is rolling out narrated articles from top publications including Rolling Stone, The Atlantic, Vogue, Variety and Vanity Fair for its audiobook users, as the platform diversifies its content.
Britain on Tuesday targeted Russia-linked cryptocurrency platforms, banks and financial networks that it said were used to bypass sanctions, freezing their assets and barring UK firms from processing payments and holding correspondent banking ties.
This week’s column marks a significant anniversary for me on this site. I’d like to explain why I’m still here, still posting, but that’ll take some context, so … bear with me while I embarrass myself in a true (but eyerolling-ly silly) story
China’s Alibaba on Wednesday posted a 3% rise in fourth-quarter revenue, but profits were pressured by growing investments in AI and cloud infrastructure, as well as ongoing spending on the quick commerce segment, which sees deliveries made within 60 minutes.
Nebius Group reported a nearly eightfold rise in quarterly revenue on Wednesday, benefiting from rising demand for artificial intelligence infrastructure and cloud services amid a boom in enterprise spending on the technology.
EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing of the deal, while underscoring its turnaround efforts that have boosted growth.
The European Union is working on new rules to protect children from the addictive designs of social media such as TikTok, Meta and X, EU Commission President Ursula von der Leyen said on Tuesday.
A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to make changes.
GameStop CEO Ryan Cohen’s unprecedented $56 billion takeover bid for the much larger eBay drew skepticism from investors and analysts on Monday, with shares in the online retailer trading much below the offer price.