Baidu Posts Worst Sales Fall on Record Despite Major AI Spending
Baidu Inc. posted its biggest quarterly revenue slide on record, calling into question a beleaguered advertising business while…
Meta Pledges $1 Billion to Build AI Data Center in Wisconsin
Meta Platforms Inc. is spending more than $1 billion to build a data center in Wisconsin that will…
BBC Crisis Puts Spotlight on Unique Way Broadcaster Is Funded
The BBC scandal that triggered the resignations of two top executives has put the spotlight on the UK…
Why AI Layoffs Like Amazon Will Backfire
Right now there seem to be only two types of business headlines: Those dedicated to the eye-popping investments…
TSMC’s Slowing Monthly Sales Fuel AI Sustainability Debate
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue, highlighting uncertainty over the sustainability of…
TSMC Monthly Sales Growth Slows as AI Demand Moderates
Taiwan Semiconductor Manufacturing Co. reported slowing growth in its revenue in October, potentially another indication that AI demand…
Wall Street Sounds Alarm on SNAP Cuts Amid Peak Shopping Season
As the US government shutdown stretches further into November and threatens holiday spending, one casualty of the budget…
Anglo, Revolut Urge Reeves to Fix Pension to Revive UK Markets
A group of more than 260 executives at UK firms, including the chairs of mining company Anglo American…
CEOs Express Optimism Over China Retail as Economic Downturn Nears End
Top executives at Western brands that do business in China are showing cautious optimism that consumer spending in…
Emma Thompson AI Rant Is What the Boom Needed
Emma Thompson is very good at many things — acting, screenwriting, penning children’s books — and in recent…
Barry’s ‘cofounder’ unwinds at his own gym—but even he admits balance is elusive: ‘Many days I have to wake up and choose who I’m going to disappoint’
Being in the C-suite is a high-pressure job with long hours, board responsibilities, and intense scrutiny. But what…
Amazon Reports Cloud Unit Sales Grew Faster Than Expected
Amazon.com Inc.’s cloud unit posted the strongest growth rate in almost three years, reassuring investors who were concerned…