Court orders Meta to pay $567 million to address kids’ mental health, safety on its platforms
A New Mexico court has ordered Instagram and Facebook parent company Meta to pay $567 million to address…
Why has the China-US profit gap widened on the Fortune Global 500?
China’s unaddressed economic structural problems are swallowing profits and leaving its multinationals falling far behind their US peers…
Anthropic, SpaceX Hand Google Profit Windfall
At least on paper, for now, Google’s investments inAnthropic and SpaceX have paid off and enabled its parent…
Google’s profits are outrunning its AI spending boom: AlphaCheck
Alphabet’s (GOOGL) AI spending has surged. So have sales and profits. Earnings after the bell will show whether…
Hundreds of economists say ‘we must act now’ on AI’s economic impact
SAN FRANCISCO (AP) — Hundreds of economists say in an open letter that institutions “must act now” to…
Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
WASHINGTON — American consumers — and the Federal Reserve — are being hit with another high-cost headache .…
Why US multinationals keep choosing Ireland. It’s not just the tax or workforce – The Irish Times
If you ask US multinationals why they choose Ireland as a base for investment, they’ll talk about the…
UN chief calls on companies to disclose energy and environmental impact of AI use
United Nations Secretary-General António Guterres on Tuesday called on artificial intelligence companies to release information about the carbon…
SpaceX Is the 5th Most Valuable Public Company in the World. Can It Overtake Nvidia, Alphabet, Apple, or Microsoft?
In the three trading days from its June 12 initial public offering (IPO) to June 16, Space Exploration…
The AI Spending Boom Is Creating a Depreciation Time Bomb
The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories. Google, Meta,…
Alphabet’s New SpaceX Exposure Adds A Fresh Dimension To Its Story
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Alphabet Weighs SpaceX AI Deal And $85b Raise Against Valuation Concerns
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply…