Latest in Tencent profit surges 90% as it touts AI revenue boost and ramps up spending
Sort by
2,058 items
-
Tencent profit surges 90% as it touts AI revenue boost and ramps up spending
Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.CNBC - 7h -
Germany OKs huge boost in defense spending as Europe gears up for new era
Germany’s parliament approved plans for a massive spending surge on Tuesday, throwing off decades of fiscal conservatism in hopes of reviving economic growth and scaling up military spending for a ...NBC News - 1d -
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
For decades, the U.S. has led the race to clean, limitless nuclear fusion energy. Now China is catching up, spending twice as much and building projects faster.CNBC - 3d -
Shares of DocuSign surge 14% on strong earnings, AI boost
CEO Allan Thygesen said the company has "started to turn the corner on the core business."CNBC - 5d -
Europe’s boosting defense spending. One company just lost all of its stock-market gains this year.
QinetiQ shares lost all their gains this year after a profit warning.MarketWatch - 2d -
Democratic leaders amp up pressure on Senate colleagues to oppose GOP spending bill: ‘Stand with us’
The leading Democrats in the House are ramping up the pressure on Senate Democrats to oppose the GOP’s spending bill, warning that the proposal would slash crucial public services to vulnerable ...The Hill - 6d -
Telcos race to transition from 'dumb pipes' to tech players with help from AI
Telcos are talking up efforts to transform themselves into tech players, touting advances in AI, 5G and 6G networks, satellite internet and even smart cities.CNBC - 2d -
AI and US tariffs expected to fuel fresh surge in secondhand fashion sales
Use of hi-tech search tools enables shoppers to find items they want, while trade war pushes up prices of new clothes. Artificial intelligence will spur on sales of secondhand clothing, according ...The Guardian - 4h -
This Space Spy Agency’s AI Shift May Hint at Your Company’s Future
Facing staff losses after DOGE cuts, one federal intelligence agency is speeding up its AI tool deployment. It could be a model for how your company boosts workers’ efficiency.Inc. - Mar. 12 -
Germany votes for historic boost to defence spending
The move alters the German constitution, allowing the country to increase its military spending.BBC News - 1d -
London expands CCTV network in ‘tech race against crime’
Councils rush to tool up with AI cameras as police grapple with surge in street crimeFinancial Times - 1d -
In Napa Vineyards, AI Boosts Grape Expectations
Artificial intelligence applications, from smart tractors to precision irrigation, are making their way into viticulture, while generative AI is creating labels and helping sell wine.Inc. - Mar. 10 -
E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - Mar. 6 -
Taiwan’s president labels China a ‘foreign hostile force’ and ramps up security measures citing ‘infiltration’
Lai Ching-te’s speech – which included a proposal to set up military courts – prompted an angry reaction from Beijing, which called him a ‘creator of crisis’. Taiwan’s new president has formally ...The Guardian - 5d -
Pioneer fintech firm Klarna sees revenue boost as it eyes US stock market listing
Swedish company’s valuation jumped 24% in 2024 as ‘buy now, pay later’ market is projected to top $160bn by 2032. The Swedish fintech firm Klarna disclosed on Friday that its revenue jumped 24% in ...The Guardian - 4d -
Private Prisons Are Ramping Up Detention of Immigrants and Cashing In
The Trump administration is expected to use thousands more beds in these facilities as part of its mass deportation effort.The New York Times - Mar. 7 -
Vance ramps up his clout in Trump world
Vice President Vance’s clout is on the rise, taking on the role of pot stirrer at the White House and on the world stage. His attack dog role was on full display during an Oval Office meeting with ...The Hill - Mar. 8 -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - Mar. 10 -
German MPs approve €500bn spending boost to counter ‘Putin’s war of aggression’
Historic levels of spending on military and infrastructure secured in Bundestag with last-minute backing of Greens. Europe live – latest updates Germany’s parliament has voted in favour of ...The Guardian - 1d -
DeepSeek scared away some AI funders. But this wealthy backer is ready to spend.
Why government — not business — will see that AI startups get the money they need.MarketWatch - 3d -
China announces plan to 'vigorously boost consumption' in bid to shore up economy
The plan was to vigorously boost consumption, expand domestic demand, and "enhance consumption capacity by increasing income and reducing burdens."CNBC - 2d -
House Republicans unveil spending bill boosting defense and trimming all else
Strategy is not likely to earn Democrats’ votes, so Trump is leaning on Republicans to force it through. US House Republicans unveiled a spending bill Saturday that would keep federal agencies ...The Guardian - Mar. 8 -
Music industry revenues slow as pandemic-era CD boom fades
Lockdown revival in physical music goes into reverse, as sector grapples with AI threatFinancial Times - 3h -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - Mar. 10 -
Nvidia has teamed up with Utah to improve AI education and workforce training
Nvidia has teamed up with the state of Utah on an AI education initiative to improve workforce training and economic growth.VentureBeat - Mar. 10 -
McDonald’s Customers Will Get Their Meals With a Side of AI
The Golden Arches is joining many of its fast-food rivals in rolling out AI technology it hopes will increase efficiency, ease workflows, and boost satisfaction.Inc. - Mar. 8 -
EU braces for higher prices as US trade war ramps up
For consumers, higher prices loom on supermarket shelves, but for businesses and industry the risks are higher.BBC News - 6d -
Evacuations ordered in California as mudslide threat ramps up from storm
A flood watch is still in effect for parts of California where heavy rain in burned areas is creating landslide concerns, forcing thousands to evacuate. CBS News correspondent Carter Evans reports ...CBS News - 6d -
How to protect yourself from carbon monoxide poisoning as travel ramps up
As Americans travel for spring break getaways, some may face an invisible danger – carbon monoxide poisoning. It could be a risk at hotels or vacation rentals. National consumer correspondent ...CBS News - 5d -
Trump's battle with court ramps up over deportation of Venezuelans
The Trump administration is facing a growing legal battle as a federal judge is now questioning whether his order halting the deportation of undocumented migrants was ignored. The Justice ...NBC News - 1d -
Confidence in German economy surges as parliament approves huge spending plan
Investors welcome prospect of hundreds of billions of euros to be spent on infrastructure and defenseMarketWatch - 1d -
Rheinmetall sales surge 36% in 2024, as company forecasts 'major' military order boom
Last year's sales boom helped push Rheinmetall's operating profit to a record high.CNBC - Mar. 12 -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - Mar. 10 -
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.CNBC - 5d -
Marlins reportedly think they found a CBA loophole against MLBPA criticism over low payroll
The CBA mandates that revenue-receiving teams spend 150% of the funds they're awardedCBS Sports - 1d -
Colts sign K Spencer Shrader
The Colts are up to two kickers on their 90-man roster.Yahoo Sports - 5d -
How Americans are spending their retirements at sea
The U.S. is seeing a surge of retirements as more than 4 million people will turn 65 this year. Some are choosing a life at sea for their golden years. CBS News' Nancy Chen has more.CBS News - Mar. 10 -
‘Germany is back’: Merz secures Greens’ support for defence spend boost
Backing of Greens is tantamount to approval of chancellor-in-waiting’s proposal to relax debt brake. Germany’s conservative chancellor-in-waiting, Friedrich Merz , has said he has secured the ...The Guardian - 5d -
The Memo: Trump ratchets up confrontation with judiciary
President Trump and his administration ramped up their confrontation with the judiciary to extraordinary heights Monday, demanding that a judge whose ruling had incurred their disfavor should be ...The Hill - 1d -
DeepSeek focuses on research over revenue in contrast to Silicon Valley
Chinese start-up to concentrate resources on building machines with humanlike cognitive capabilitiesFinancial Times - 5d