Panasonic's battery unit misses annual profit estimate
The energy unit of Japan's Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in
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The energy unit of Japan's Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in
Huawei's new high-end Pura 70 smartphone series quickly sold out after it was launched last month with analysts touting it as another Apple iPhone challenger and adding to signs of how the
Walt Disney and Warner Bros Discovery will offer a bundle of the Disney+, Hulu and Max streaming services in the United States starting this summer, the
Microsoft is closing down its Africa Development Centre in the continent's most populous nation Nigeria, which will lead to job losses, a spokesperson said on Wednesday.
Bumble beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users, sending the company's shares up more than 9% in aftermarket
Turkey's competition board fined Meta Platforms 1.2 billion lira ($37.20 million) on Wednesday after concluding two separate investigations on data-sharing in its Facebook,
Warner Bros Discovery is looking at additional opportunities for cost-cutting and raising prices for its Max streaming platform, Bloomberg News reported on Wednesday, citing people with
Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on
Senate Majority Leader Chuck Schumer said on Wednesday he would provide a framework for addressing the risks and potential benefits of artificial intelligence in the coming weeks
Mercedes-Benz Chief Executive Ola Kaellenius on Wednesday spoke against imposing restrictions on trade with China, stressing that the country remains the group's most important
Reddit soared as much as 11% in early trading on Wednesday after the social media firm floored investors with strong revenue growth and improving profitability in the first earnings since
Taiwan's exports rose less than expected in April, hurt by weak demand from China although robust demand for artificial intelligence-related products had shipments to the United
South Korea on Wednesday welcomed a U.S. decision to extend automakers' eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026.
South by Southwest, the music, technology and film festival (SXSW) held annually in Austin, Texas is coming to London next year in a new European edition.
Elon Musk proposed testing Tesla's advanced driver-assistance package in China by deploying it in robotaxis, during his recent visit to the country, the state-backed China Daily
Brazilian telecommunications operator Telefonica Brasil posted on Tuesday a net profit below analysts' expectations, even though it increased by 7.3% in the first quarter from a
Tinder-parent Match Group forecast second-quarter revenue below Wall Street estimates on Tuesday, as people dial back spending on dating apps, weighing on user growth.
Reddit said it could post an adjusted profit in the second quarter thanks to its booming advertising business and content-licensing deals with AI companies, impressing
Electric-pickup maker Rivian on Tuesday stuck to a 2024 production forecast well below Wall Street targets and reported a wider-than-expected first-quarter
The Federal Aviation Administration said on Monday it has opened an investigation into the Boeing 787 Dreamliner to see whether some employees committed "misconduct" by claiming certain
Italy's Leonardo is waiting to see the impact of Boeing's recent troubles on production, which could cost the Italian firm some 50 million euros in 2024, the group's CEO said on
Meta Platforms, the parent company of Facebook and Instagram, said on Tuesday it was expanding its suite of generative AI ads products to offer tools that can automatically create
Microsoft's Xbox is shutting down a number of gaming studios including Arkane Austin, making it the latest publisher to shut down studios amid signs of a gaming slowdown.
Dotdash Meredith has signed a content license deal with OpenAI to train AI models and allow ChatGPT to answer queries with summaries attributable to America's largest digital and print
Chinese automaker Geely and Israeli auto safety technology startup Foretellix formed a strategic partnership to accelerate safe large-scale development of self-driving vehicles,