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.

Apple CEO Discusses Impact of Trump Tariffs on Company Operations

Apple CEO Tim Cook addressed investors on the company’s second-quarter earnings call, revealing how the company has managed the impact of the Trump administration’s...

Venmo Outperforms Cash App in Peer-to-Peer Payments Market

In the competitive peer-to-peer payments market, Venmo is gaining traction, while Cash App is facing challenges. Both companies reported their quarterly earnings this week,...

Samsung Warns of Tariff-Driven Uncertainty Despite Solid First-Quarter Profit

Samsung Electronics issued a warning about increasing global trade uncertainties, noting that U.S. tariffs could dampen demand for products like smartphones and complicate future...

TikTok Dominates Short-Form Video Market Amid Growing Competition

TikTok’s dominance in the short-form video market is becoming increasingly apparent, with the app now boasting over 1.12 billion active users worldwide. Since its...

Meta’s AI Strategy Faces Tariff Risks and Investor Scrutiny

Meta’s plan to dominate the artificial intelligence (AI) market is being closely watched as the company prepares for its earnings report this week. A...

Fintech Stocks Face Uncertainty Ahead of Earnings Reports Amid Tariff Concerns

The upcoming earnings reports for PayPal, Block, and Affirm are generating investor anxiety as these fintech giants are closely tied to consumer spending, which...

IBM to Invest $150 Billion in U.S. Manufacturing and AI Advancements

IBM has committed to investing $150 billion in the U.S. over the next five years, with more than $30 billion dedicated to advancing the...

Veza Raises $108 Million to Expand AI-Powered Access Management Solutions

Veza, a software company specializing in managing internal technology access within organizations, has raised $108 million in a funding round led by New Enterprise...

Palo Alto Networks to Acquire Protect AI for Enhanced AI Security

Palo Alto Networks has announced its plans to acquire Protect AI, a startup focused on securing artificial intelligence (AI) and machine learning (ML) applications,...

Spotify Pays Over $100 Million to Podcast Creators in Q1 2025

In the first quarter of 2025, Spotify paid more than $100 million to podcast creators across the globe, demonstrating the platform’s significant investment in...

Palantir Surges Amid Tech Struggles in 2025, Outperforming Rivals

In 2025, tech stocks have faced significant challenges, with concerns about recession and trade wars dampening investor confidence in riskier assets. However, Palantir has...

Google Spends $8.27 Million on Sundar Pichai’s Security in 2024

In 2024, Google spent $8.27 million on personal security for CEO Sundar Pichai, marking a nearly 22% increase from $6.78 million in 2023, according...

U.S. Risks Falling Behind China in Quantum Computing Race, Microsoft Warns

Microsoft President Brad Smith has warned that the United States must act swiftly to maintain its lead in the global race for quantum computing...

NXP Semiconductors Faces Decline After CEO Announces Retirement

NXP Semiconductors experienced a 7% drop in its stock price following the announcement that CEO Kurt Sievers will retire at the end of the...

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