AMD announced plans to acquire ZT Systems for $4.9 billion to expand its AI chips portfolio and compete with Nvidia. AMD plans to fund 75% of…
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Intel announced a 15% workforce reduction, around 17,500 jobs, and will suspend dividends starting Q4 to focus on manufacturing. It also projects Q3 revenue below estimates…
Amazon exceeded $2 trillion in market value Wednesday, joining six U.S. firms, as AI confidence and interest rate cuts boosted tech stocks. The stock surged 3.4%…
As demand rises in Germany, Europe’s largest economy, Amazon announced a 10 billion euro ($10.75 billion) investment on Wednesday. This investment underscores Amazon’s commitment to expanding…
On Wednesday, Amazon Web Services (AWS) announced its plan to invest 7.8 billion euros ($8.44 billion) in Germany through 2040, as part of its effort to…
On Monday, Amazon announced that it would establish more than 3,000 permanent jobs in France. Additionally, the company declared it would invest over 1.2 billion euros…
On Tuesday, a workers’ union reported that ANZ Group (ANZ.AX), Australia’s fourth-largest bank, has announced plans to cut 170 jobs at its commercial banking operations. Australian…
The Office for National Statistics announced on Monday that Britain’s unemployment rate in late last year was much lower than previously thought. The re-weighted survey results,…
U.S. job growth is likely to have slowed slightly in January as a resilient economy and high worker productivity encouraged most businesses to keep their employees,…