Nandini Roy Choudhury, writer Brief news Google Cloud’s revenue grew 35% year-over-year to $11.35 billion in Q3, surpassing competitors like Amazon Web Services (19% growth) […]
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The Saudi finance minister claims that the worst threat to world growth in 2025 is sovereign debt
Sonali Ray, writer Brief news Saudi Arabia’s finance minister, Mohammed Al-Jadaan, highlighted concerns over rising sovereign debt, particularly in low-income countries, as a significant threat […]
Microsoft’s CFO believes OpenAI investment will reduce profit this quarter.
Nandini Roy Choudhury, writer Brief news Microsoft anticipates a $1.5 billion profit loss due to its significant investment in OpenAI, which has reached approximately $14 […]
Sam Altman’s Reddit share is now worth more than $1 billion after the earnings report drop.
Nandini Roy Choudhury, writer Brief news Sam Altman, CEO of OpenAI, holds over 12.2 million shares in Reddit, valued at approximately $1.2 billion following a […]
Waymo, Alphabet’s self-driving division, closes $5.6 billion financing round as robotaxi battle heats up in the US
Nandini Roy Choudhury, writer Brief news Waymo has raised over $5.6 billion to expand its robotaxi service beyond Los Angeles, San Francisco, and Phoenix, with […]
China plans a conference to provide information on fiscal stimulus.
Sonali Ray, writer Brief news China’s parliament will convene from November 4 to 8, with investors anticipating details on fiscal stimulus measures. The National People’s […]
Here’s the reason China has been testing its driverless car technologies in the US for years.
Nandini Roy Choudhury, writer Brief news Chinese companies are advancing in autonomous vehicle development, with the government issuing 16,000 test permits and opening highways for […]
Final review of U.S. recommendations to limit AI and semiconductor investment in China
Nandini Roy Choudhury, writer Brief news The U.S. government is finalizing measures to restrict investments in China related to sensitive technologies, including AI and semiconductors, […]
Disney will choose James Gorman as board chair next year; Bob Iger’s replacement will be named early 2026.
Nandini Roy Choudhury, writer Brief news Disney has appointed James Gorman as the new chairman, succeeding Mark Parker, effective January, while also planning to find […]
Following approval from UK regulators, Robinhood launches high-risk margin trading.
Nandini Roy Choudhury, writer Brief news Robinhood has launched margin investing in the UK, allowing users to borrow funds against their asset holdings to purchase […]