Technology

Anthropic Nears $15 Billion Pre-IPO Loan, Taps Morgan Stanley for Listing

Anthropic is close to finalizing a $15 billion pre-IPO credit facility and nearing selection of Morgan Stanley and Goldman Sachs for a listing eyed for mid

BP Names Ian Tyler Permanent Chair After Manifold Ousting

BP appointed Ian Tyler as permanent chair on Wednesday, ending a search that followed the contentious removal of Albert Manifold in May.

Ryanair Warns European Air Fares Will Rise as Jet Fuel Hits $140

Ryanair cut its annual passenger target to 214 million on Wednesday and warned European air fares will rise if jet fuel stays near $140 a barrel.

US Envoys Witkoff and Kushner Arrive in Moscow for Ukraine Peace Push

US envoys Steve Witkoff and Jared Kushner arrived in Moscow on September 5 for Ukraine peace talks as Russian attacks killed at least five people.

American Airlines Adds Flagship Suites to Boeing 777 Jets for Long-Haul Flights

American Airlines is installing its Flagship Suite premium cabins on its largest Boeing 777 jets, targeting its busiest long-haul international routes.

Amazon Unveils Advanced Warehouse Robot with Human-Like Touch

Amazon has unveiled a groundbreaking warehouse robot named Vulcan, capable of performing tasks previously reserved for human workers thanks to a unique sense of...

Semiconductor Industry Faces Uncertainty Amid US Tariffs and China Export Curbs

The world’s largest semiconductor firms are grappling with significant uncertainty during earnings season, as changing U.S. tariff policies and expanding export restrictions to China...

Uber Posts Q1 2025 Earnings Beat Despite Revenue Miss, Highlights Autonomous Vehicle Growth

Uber reported first-quarter 2025 results that exceeded analysts’ expectations for earnings but came in just short on revenue projections. The company posted earnings of...

Russell Westbrook Launches Eazewell: AI-Powered Funeral Planning Startup

NBA superstar Russell Westbrook has entered the tech world by launching Eazewell, a startup focused on simplifying funeral planning through artificial intelligence. The venture...

Figma Unveils AI Feature for Automated Website and App Creation

Figma, a design software startup, has launched a new artificial intelligence feature aimed at automating the process of building websites and applications. The feature,...

Alphabet and Apple Stocks Decline Amid AI Search Engine Shift and Lawsuit Impact

Shares of Alphabet and Apple dropped on Wednesday after Apple’s services chief, Eddy Cue, expressed concerns that AI-driven search engines could eventually replace traditional...

AMD CEO Discusses China Market and Export Control Impact on AI Growth

Advanced Micro Devices (AMD) CEO Lisa Su has emphasized that China remains a "large opportunity" for the semiconductor and artificial intelligence (AI) industries, despite...

Democrats Target Trump’s Crypto Ventures as Key Legislation Moves Forward

Democrats are intensifying their scrutiny of President Donald Trump's cryptocurrency ventures as a key vote approaches on the GENIUS ACT, a bill aimed at...

Trump Administration to Rescind U.S. AI Chip Export Restrictions, Boosting Innovation

The Trump administration is preparing to rescind the U.S. chip export restrictions, known as the "AI diffusion rule," effectively preventing these artificial intelligence semiconductor...

AppLovin Shares Surge Following Strong Earnings and Mobile Gaming Business Sale

AppLovin’s shares surged by as much as 15% in after-hours trading after the company reported strong earnings for the first quarter and announced the...

Arm Shares Drop After Weak Guidance for Upcoming Quarter

Arm's shares dropped more than 8% in after-hours trading on Wednesday after the chip-design company issued a weaker-than-expected revenue and earnings forecast for the...

Apple Seeks Stay on Ruling in Case Against Epic Games Over In-App Payment Commissions

Apple is requesting a court to pause a recent ruling in its ongoing case against Epic Games, which would prevent Apple from charging commissions...

Standard Chartered Analyst Raises Bitcoin Price Forecast, Sees $120,000 Target as Too Low

A Standard Chartered analyst, Geoffrey Kendrick, has revised his earlier prediction for Bitcoin’s price, now stating that his $120,000 target for the second quarter...

Shopify Reports Mixed Q1 Results with Soft Guidance for Q2

Shopify reported mixed first-quarter results, posting a larger-than-expected loss while achieving growth in revenue. The company announced a loss of 53 cents per share,...

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