SAP shares fall after reporting disappointing cloud contract value
German software giant SAP plunged as much as 11% Thursday after reporting weaker-than-expected growth in its cloud contract…
SK Hynix overtakes Samsung in annual profits for the first time
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office…
Advantest shares jump as much as 14% as AI chip boom drives record sales
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug.…
Elon Musk says Tesla ending Models S and X production
A Model X is on display at a Tesla showroom on February 13, 2021 in Beijing, China. VCG…
16,000 jobs to be cut in latest anti-bureaucracy push
Amazon said Wednesday it plans to eliminate about 16,000 corporate jobs, marking its second round of mass job…
SK Hynix doubles 2025 profit as AI memory shortages drive earnings beat
Signage at the SK Hynix Inc. booth at the China International Import Expo (CIIE) in Shanghai, China, on…
Amazon mistakenly announces cloud unit layoffs in email to employees
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection |…
Amazon converting Fresh supermarkets, Go stores to Whole Foods locations
The exterior of an Amazon Fresh grocery store is seen on December 12, 2024 in Federal Way, Washington. …
TikTok says power outage behind Epstein, ICE censorship claims for U.S. app
The TikTok logo is displayed at a TikTok office on Jan. 23, 2026 in Culver City, California. Mario…
Pinterest laying off about 15% of workforce in push toward AI roles and teams
Sheldon Cooper | Lightrocket | Getty Images Pinterest said Tuesday it plans to lay off less than 15%…
Meta to test premium subscription plans for Instagram, Facebook and WhatsApp
Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT…
Micron to invest $24 billion in Singapore plant as AI boom strains global memory supply
A general view of Micron Technology’s building in Singapore, June 23, 2020. Micron Gcm Studio | Reuters Micron…