Business
Showing 12 of 93 articles · Page 3 of 8
Amazon Announces Second Major Layoff Round Affecting 16,000 Employees
Amazon confirms layoffs for 16,000 employees as part of "Project Dawn." Total cuts reach 30,000 corporate roles amid a $50 billion investment in OpenAI.
Apple Acquires AI Startup Q ai for $2 Billion
Apple acquires Israeli AI startup Q ai for $2B to boost machine learning capabilities. This marks Apple's second-largest acquisition in its history.
SpaceX and xAI Reportedly Discussing Merger Ahead of $1T IPO
SpaceX and xAI are reportedly discussing a merger ahead of a $1T IPO. The move aims to integrate Grok AI with Starlink to launch space-based data centers.
PicPay Launches IPO on Nasdaq
Brazilian fintech PicPay goes public on Nasdaq under ticker PICS. Discover the details of its $2.2B+ IPO and its impact on the digital banking market.
Tesla Reports 46% Profit Drop; Replaces Model S and X with Optimus Robots
Tesla’s 2025 profit drops 46% to $3.8B. The company will discontinue Model S and X production to manufacture 1 million Optimus humanoid robots annually.
Meta Tests Paid Subscriptions for WhatsApp, Instagram, and Facebook Features
Meta tests paid subscriptions for WhatsApp, Instagram & Facebook premium features like anonymous Stories on IG. Rollout soon—details via TechCrunch.
Apple Tops Fortune's World's Most Admired Companies for 19th Straight Year
Apple ranks #1 in Fortune's World's Most Admired Companies for 19th year, ahead of Microsoft, Amazon, Nvidia. Strong in talent & supply chains despite AI worries.
Nubank Hits 112 Million Customers, Brazil's Top Private Bank
Nubank leads as Brazil's biggest private bank with 112M customers (61% of adults). 85% monthly active. Fastest growth since 2022.
Apple Crowned World's Most Valuable Brand for Third Straight Year in 2026 Global 500
Apple tops Brand Finance Global 500 2026 as world's most valuable brand at $607B, up 6%. Beats Microsoft & Google. Key drivers: ads, cloud, App Store.
TikTok US Deal: ByteDance Takes 19.9% Stake in New Joint Venture
TikTok US joint venture finalized: ByteDance 19.9% stake, Oracle manages US data for TikTok, CapCut, Lemon8. Key details on ownership & compliance.
Brex Sold to Capital One for $5.15 Billion: Brazilian Fintech Founders Strike Big
Brex acquisition: Capital One buys Brazilian-founded fintech for $5.15B in cash/stock deal. Expense management leader's founders are top young billionaires.
Sergey Brin: Google Hires Self-Taught Talent Without College Degrees
Sergey Brin reveals Google hires self-taught workers without degrees, signaling college credentials' declining job market power and universities' evolving role.