Business

Baidu’s Robotaxi Unit Eyes Europe Expansion

Baidu’s Apollo Go robotaxi unit plans to expand to Switzerland and Turkey this year, per an anonymous source, marking its...

Perplexity Partners with PayPal for In-Chat Shopping

Perplexity joined forces with PayPal on Wednesday to introduce in-chat purchasing capabilities which strengthens its position against OpenAI Anthropic and...

AMD Shares Rise 6% on $6 Billion Buyback

Advanced Micro Devices (AMD) announced a $6 billion share buyback Wednesday, boosting shares 6%. The authorization adds to a $4...

Microsoft to Lay Off 6,000 Workers

Microsoft announced layoffs of nearly 3% of its workforce, impacting about 6,000 of its 228,000 employees, with 55% based in...

Ferrero Innovates with US-Tailored Candy to Boost Growth

Ferrero North America introduces Americanized versions of its worldwide brands including Nutella with peanuts and square Ferrero Rocher and Dr...

Japanese Lander Orbits Moon, Aims for June Landing

The Tokyo-based ispace Resilience lunar lander achieved orbit around the moon on Wednesday before it plans to touch down in...

Nvidia’s Jensen Huang Warns of $50 Billion China Market Loss Due to Chip Restrictions

Nvidia CEO Jensen Huang asked the Trump administration to review microchip export restrictions for China because the company faces losing...

Investors Eye Fed and US-China Talks Amid Tariff Uncertainty

The Federal Reserve faces evaluation during its Wednesday meeting because it marks the first gathering since President Donald Trump introduced...

Rivian Lowers Delivery Forecast, Raises Spending Amid Tariff Costs

Rivian Automotive exceeded Wall Street Q1 expectations while maintaining its 2025 earnings targets but reduced delivery projections and increased capital...