Business

Image of the NTT DATA headquarters building, showcasing the logo on a modern glass facade. In the foreground, vibrant pink flowers add a pop of color against the blue sky, emphasizing the company's growing presence in the META region.
NTT DATA Grows META Presence, Aims to Make UAE a Tech Hub

NTT DATA, a leading global IT service provider, has expanded its META presence in the…

European Commission headquarters with EU flags waving, symbolizing the recent AI investment to enhance digital innovation and cybersecurity.
European Commission Invests €1.3B for AI, Cybersecurity, Digital Skills

The European Commission has announced an ambitious €1.3B investment. This funding will support AI, cybersecurity,…

OpenAI logo displayed on a smartphone screen, placed on a laptop keyboard with a purple lighting effect.
OpenAI Must Finalize For-Profit Shift by Year-End to Raise $40B

OpenAI plans to finalize its for-profit shift by the end of this year to secure…

Silhouette of Elon Musk with the X logo in the background, symbolizing Musk's AI company's $33 billion acquisition of X.
Musk’s AI Company Acquires X, Valuing It at $33 Billion

Elon Musk has announced a landmark deal involving Musk’s AI company, which finalized a $33…

A modern skyscraper with a red Maroc Telecom logo in the foreground, symbolizing its presence in the telecommunications industry.
Maroc Telecom, Inwi Partner to Advance Morocco’s Digital Infrastructure, 5G

Maroc Telecom and Inwi have formed a strategic alliance to advance Morocco’s digital infrastructure. The…

Intel headquarters featuring a large blue Intel logo block in front of a modern glass building, representing the company's corporate presence.
Three Intel Board Members to Retire Amid Latest Turnaround Shakeup

Three Intel board members have stepped down as part of the company’s ongoing turnaround strategy.…

Ubisoft logo displayed over a dramatic naval battle scene, featuring pirate ships and cannon fire, symbolising the gaming company's adventurous themes and immersive storytelling. Keyphrase: Ubisoft.
Ubisoft Creates €4B Subsidiary Backed by Tencent

Ubisoft has established a new subsidiary valued at €4 billion, with support from Tencent. This…

TikTok logo displayed on a screen, representing the platform's growing presence in the e-commerce market through its TikTok Shop Europe Expansion.
TikTok Shop Expands in Europe as US Future Remains Uncertain

TikTok Shop has accelerated its growth strategy by announcing its expansion into Europe. The company…

A person holds a smartphone displaying a payment screen from a demo store, featuring options for payment by card, specifically highlighting the Afterpay and CashApp integration. The screen shows payment details and installment options, emphasizing the Afterpay CashApp merger in providing flexible financial services.
Afterpay Merges with CashApp in Strategic Move for Enhanced Financial Services

Afterpay and CashApp have officially merged in a strategic move aimed at enhancing financial services.…

Apple TV+ logo illuminated against a cloudy background, representing Apple's recent report of over $1 billion USD annual losses in streaming business.
Apple TV+ Reports Over $1 Billion USD Annual Losses in Streaming Business

Apple TV+ has reported annual Apple TV+ Streaming Losses exceeding $1 billion in its streaming…