Latest Business News
Last updated on
Wednesday, 11-Sep-2024 06:30:02 EDT
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- Amazon makes �8 billion UK investment to build cloud and AI infrastructure
AWS competes with Microsoft and Google in the U.K. and its investment continues the company's focus on expansion in Europe.
- Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate
Stand With Crypto, an alliance backed by Coinbase, has been traveling the country to promote its key issue and wants it to come up in Tuesday's debate.
- Sony unveils upgraded PlayStation 5 Pro to boost slowing console business
Sony on Tuesday unveiled an upgraded version of its PlayStation 5 console, called the PlayStation 5 Pro.
- AI-powered search startup Glean doubles valuation in new funding round led by Altimeter
AI-powered search startup Glean said Tuesday it has raised $260 million in a Series E funding round that values the tech company at $4.6 billion.
- Former Arm CEO criticizes Britain for not holding onto its top tech firms
Warren East, who led Arm between 1994 and 2013, said that too often tech firms in Britain move their operations overseas or list elsewhere abroad.
- Google's 2.4 billion euro fine upheld by Europe's top court in EU antitrust probe
The fine stems from an antitrust investigation by European Union regulators into Google that concluded in 2017.
- Apple must pay 13 billion euros in back taxes, EU's top court rules
Europe's top court on Tuesday ruled against Apple in the tech giant's 10-year court battle over its tax affairs in Ireland.
- In Huawei?s battle against Apple, chips are still a weakness, says analyst
As Huawei battles it out with Apple in China, its chip capabilities remain a weakness, despite recent breakthroughs, according to one analyst.