Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technology

Fri, Dec 05, 2025 08:51 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Alphabet Beats Q2 Estimates, Boosts 2025 AI and Cloud Spending Forecast

Jul 24, 2025 01:02 am UTC| Business Technology

Alphabet (NASDAQ: GOOGL), the parent company of Google, reported second-quarter earnings that surpassed Wall Street expectations, driven by strong performance in search, YouTube, and cloud services. The company also...

Trump Weighs Nvidia Breakup, Signs AI Executive Orders to Boost U.S. Tech Leadership

Jul 24, 2025 01:01 am UTC| Politics Technology Governance

U.S. President Donald Trump revealed on Wednesday that he had considered breaking up NVIDIA Corporation (NASDAQ: NVDA) to enhance competition in the artificial intelligence sector but ultimately decided against it due to...

SK Hynix Reports Record Q2 Profit as AI Demand Surges

Jul 24, 2025 00:58 am UTC| Business Technology

SK Hynix Inc (KS:000660), a key memory chip supplier to Nvidia, posted record second-quarter earnings fueled by booming demand from the artificial intelligence sector. The South Korean chipmakers operating profit soared...

Trump Unveils AI Blueprint to Boost Exports, Ease Regulations in Rivalry With China

Jul 24, 2025 00:49 am UTC| Politics Business Technology

The Trump administration has unveiled a sweeping artificial intelligence blueprint designed to strengthen U.S. dominance in the AI race against China. Announced Wednesday, the plan seeks to relax environmental rules,...

U.S. Appeals Court Rejects Apple iCloud Storage Misrepresentation Claim

Jul 24, 2025 00:31 am UTC| Business Technology Law

A U.S. federal appeals court has dismissed claims that Apple misled customers about iCloud storage allocations in its paid plans. The 9th U.S. Circuit Court of Appeals in San Francisco ruled unanimously that Apple...

Taiwan Unveils $510 Billion AI Plan to Become Global Tech Leader by 2040

Jul 23, 2025 05:50 am UTC| Technology Economy

Taiwan has announced its ambitious Ten Major AI Infrastructure Projects, targeting over T$15 trillion ($510 billion) in economic value by 2040 as it seeks to position itself as a global artificial intelligence powerhouse....

Amazon Acquires AI Wearable Startup Bee to Boost Voice Tech Offerings

Jul 23, 2025 01:59 am UTC| Business Technology

Amazon (NASDAQ:AMZN) is set to acquire San Francisco-based startup Bee, known for its AI-powered wearable that listens to and transcribes conversations. The $50 wristband, developed by Bee, uses artificial intelligence to...

51 52 53 54 55 56 57 58 59 60

Economy

Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth

Germanys economic outlook remains cautious, with a new forecast from the German Economic Institute (IW) indicating only modest improvement in 2025 as global trade falters and domestic financial pressures intensify....

Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data

Japans Nikkei 225 slid on Friday, erasing its gains for the week and diverging from mostly positive Asian markets as investors turned cautious ahead of a crucial U.S. inflation reading that could influence the Federal...

Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth

Europe is facing growing competitive pressure from China as Beijing intensifies its export-driven growth strategy, a shift Goldman Sachs says is reshaping the outlook for several major European industries. The bank...

Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook

Citigroup has raised its outlook for European equities, setting a 2026 year-end target of 640 for the STOXX 600 index. The forecast suggests a potential 10.5% upside from Thursdays close, reflecting growing confidence in...

Dollar Weakens Ahead of Expected Federal Reserve Rate Cut

The U.S. dollar hovered near a five-week low on Friday as global investors positioned themselves for a widely anticipated Federal Reserve rate cut next week. The greenback remained under pressure across major currencies,...

Politics

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...