OpenAI and Amazon strike $38bn deal to power the next wave of AIBy Grace JohnsonNovember 4, 2025 OpenAI has signed a $38 billion (£29 billion) agreement with Amazon to access its cloud computing infrastructure. The deal strengthens…
Starbucks to Cede Control of China Stores to Boyu Capital in $4 Billion DealBy Lester HoltNovember 4, 2025 Key Terms of the PartnershipIn a major restructuring of its Asian operations, Starbucks will sell a controlling interest in its…
U.S. Tech Firms Beat Revenue ForecastsBy Andrew RogersNovember 3, 2025 Major U.S. technology companies continue to surpass revenue expectations and increase capital spending, fueling optimism for business growth worldwide. Alphabet…
Nvidia accelerates AI expansion with massive South Korea chip dealsBy Grace JohnsonNovember 1, 2025 South Korea takes the lead in artificial intelligence Nvidia will provide over 260,000 of its most advanced AI chips to…
Apple Ends Fiscal Year with Record-Breaking ProfitsBy Rachel MaddowOctober 31, 2025 Strong iPhone demand lifted Apple’s revenue in the three months ending in September, closing the fiscal year with record profits.…
Nvidia Hits $5 Trillion Market ValueBy Lester HoltOctober 30, 2025 Nvidia has become the first company in history to reach a $5 trillion market valuation. The milestone comes as demand…
ECB Likely to Pause Rate Moves as Trade Slowdown Weighs on OutlookBy Lester HoltOctober 30, 2025 Policy Pause Follows Earlier Easing CycleThe European Central Bank is expected to keep interest rates steady at its forthcoming policy…
OpenAI turns profit to drive the next generation of AIBy Grace JohnsonOctober 29, 2025 OpenAI has completed its shift to a for-profit company. The move aims to attract billions in investment and could pave…
Amazon set to cut 30,000 office jobs in corporate overhaulBy Grace JohnsonOctober 28, 2025 Amazon is preparing to eliminate tens of thousands of corporate positions in a major restructuring, multiple media reports say. The…
US and China finalize TikTok sale ahead of Trump–Xi meetingBy Andrew RogersOctober 26, 2025 The US and China have reached a final agreement on the sale of TikTok’s American operations, treasury secretary Scott Bessent…
