German car company Porsche has decreased its 2025 sales target by 10% due to a slower pace in the Chinese car market and the ending of the 718 Boxster and 718 Cayman models. Porsche stated that it sold 279,449 cars in the previous year, which is less than the 310,718 sold in 2024. Car sales in...

Investors who bought bonds from software company Oracle have taken legal action in a New York state court, claiming the company caused them financial losses, according to Reuters, which is referencing the legal documents. The plaintiffs purchased Oracle bonds during an $18 billion bond offering in...

Germany's Audi has lowered its 2025 vehicle delivery targets by 2.9%, citing a drop in demand in North America and China, according to the company's statement. In total, Audi delivered 1.62 million vehicles in 2025, which is a decrease from the 1.67 million units delivered in the previous year....

Chinese automaker Geely is reportedly planning to enter the US market, as reported by The Wall Street Journal. According to Ash Sutcliffe, Geely's global communications director, the company may announce its move into the US within the next two to three years. Sutcliffe mentioned during an...

Arm’s decision to launch a dedicated “Physical AI” unit marks a strategic pivot that goes well beyond corporate reorganisation. It reflects a growing conviction across the technology and automotive sectors that the next phase of artificial intelligence will not be confined to screens, data centres,...

Two prominent auction houses reported an increase in worldwide sales this year for the first time following a two-year downturn. In 2025, the combined revenue of Christie's and Sotheby's reached $13.2 billion, increasing from $11.7 billion the year before. Sales increased due to the worldwide...

Alphabet Inc. is purchasing Intersect, a company that offers data center and energy infrastructure solutions, for $4.75 billion, after subtracting the company's debt. In a statement, Alphabet mentioned that it is already an existing shareholder in Intersect. Google, which is owned by Alphabet,...

German luxury automaker Porsche AG intends to shut down its network of electric vehicle charging stations in China, as reported by Bloomberg, referencing a statement from the company. The closure of the network, comprising over 200 Porsche-branded fast-charging stations, will commence in March...

Netflix’s push to justify its proposed $72 billion acquisition of Warner Bros Discovery has placed an unusual argument at the center of what is shaping up to be one of the most closely watched antitrust battles in modern media. The streaming giant has framed the deal as a defensive necessity,...