In connection with the imminent sale of the social media platform TikTok to a group of American investors, American Oracle Corp. will redesign its algorithm and guarantee its safe functioning in the U.S., Bloomberg states, referencing an unnamed official from the White House. This will enable...

Apple Inc., based in the US, has requested that at least two suppliers boost production of the standard model of the new iPhone 17 by 30% or more due to a strong surge in pre-orders over the weekend, according to reports from The Information, which cites knowledgeable sources. This week, Apple...

Nvidia Corp. is considering a $500 million investment in British startup Wayve, which creates systems for autonomous driving. Wayve reported that the firms have committed to a letter of intent to assess the investment. Nvidia has been an investor in Wayve since 2018, providing AI chips for its...

Microsoft has announced another round of price increases for its Xbox consoles in the United States, citing shifts in the macroeconomic and trade environment that have driven up hardware costs. The move — coming just months after an earlier round of rises — has been widely attributed inside the...

Burberry is using London Fashion Week as a live laboratory to test whether a strategy of simplified heritage, celebrity-led marketing and tighter alignment between design and commercial teams can translate into renewed demand. The company’s autumn/winter runway this season is being presented as...

Hyundai Motor Co., South Korea's biggest car manufacturer, aims for a revenue increase of 5-6% in 2025, reflecting a rise of 2 percentage points from its earlier projection this year. The firm unveiled its strategic plan prior to its Investor Day on Thursday in New York, which also indicated that...

Chinese AI developer DeepSeek stunned the global technology community when a peer-reviewed paper disclosed that its reasoning-focused R1 model required only $294,000 of compute to train. The figure, far below the tens to hundreds of millions commonly associated with training large models in the...

Finnish telecom equipment maker Nokia will create two new teams to enhance its technological innovation abilities and better facilitate its business growth. One group will concentrate on artificial intelligence and related technologies, while the other will act as a corporate development entity....

A group of purchasers spearheaded by Abu Dhabi National Oil Co. (ADNOC) has pulled its $18.7 billion offer for Australian gas firm Santos following several months of investigation. In June, the consortium, consisting of XRG (a division of Adnoc), Abu Dhabi Development Holding Co. (ADQ), and...