16/09/2025 |
Alphabet enters $3 trillion market cap club as Big Tech's AI momentum buildsGoogle parent Alphabet hit a market capitalization of $3 trillion for the first time on Monday, riding on renewed optimism around artificial intelligence and a favorable antitrust ruling.
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Tesla gains as Musk's $1 billion stock purchase reinforces confidence in EV makerTesla shares jumped 6% in early trading on Monday after CEO Elon Musk disclosed his purchase of about $1 billion worth of the electric vehicle-maker's stock, in the latest vote of confidence from the billionaire in the company's future.
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Reddit back up after brief outage, Downdetector showsAn outage affecting thousands of users of social media platform Reddit in the U.S. had eased after a brief downtime on Monday, according to tracking website Downdetector.com.
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13/09/2025 |
Lawsuit says Musk's Tesla hires visa holders instead of Americans so it can pay lessTesla, the electric vehicle company led by billionaire Elon Musk, was accused in a lawsuit on Friday of favoring visa holders over Americans when making employment decisions so it can pay less.
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Apple's AI and search executive Robby Walker to leave, Bloomberg News reportsRobby Walker, one of Apple's most senior artificial intelligence executives, is leaving the company, Bloomberg News reported on Friday, citing people with knowledge of the matter.
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In surprise twist, Armani's will sets stage for sale of fashion empire Late designer Giorgio Armani instructed heirs to gradually sell the revolutionary fashion house he created 50 years ago or seek a market listing, his will said, setting off a race to control one of the world's best-known brands and a major shift for a company highly protective of its independence and Italian roots. |
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09/09/2025 |
Nebius signs $17.4 billion AI infrastructure deal with Microsoft, shares jumpNebius Group said on Monday it will provide Microsoft with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term, sending its shares soaring over 47% after the bell. Read More |
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US clothing retailers test full-price strategy as rich shoppers keep spending A handful of apparel retailers including Levi Strauss are teasing more full-priced products, testing how much wealthier shoppers are willing to pay despite the sobering effect of tariffs.
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SpaceX buys wireless spectrum from EchoStar in $17 billion dealElon Musk's SpaceX said Monday it will buy wireless spectrum licenses from EchoStar for its Starlink satellite network for about $17 billion, a major deal crucial to expanding Starlink's nascent 5G connectivity business.
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06/09/2025 |
Google hit with $3.45 billion EU antitrust fine over adtech practicesAlphabet's (GOOGL.O) Google was hit with a 2.95-billion-euro ($3.45 billion) European Union antitrust fine on Friday for anti-competitive practices in its lucrative adtech business, a sharp sanction that riled up U.S. President Donald Trump.
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