
Meta Agrees to $18 Billion Settlement, Tightens Teen Social Media Rules
Aug 26, 2026 21:24 pm UTC| Business Technology Law
Meta Platforms has agreed to pay up to $18 billion over the next decade and impose stricter protections for teenagers using Facebook and Instagram, settling claims from nearly all U.S. states that its platforms were...

Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’
Aug 26, 2026 21:24 pm UTC| Business Technology
Nvidia reported stronger-than-expected quarterly earnings on Wednesday as booming demand for artificial intelligence hardware pushed revenue up 106% from a year earlier, prompting CEO Jensen Huang to declare that AI has...

Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat
Aug 26, 2026 21:24 pm UTC| Business Technology
Salesforce Inc. (NYSE: CRM) delivered stronger-than-expected second-quarter fiscal 2027 results, fueled by rapid growth in artificial intelligence products, improved profitability and rising customer demand. Salesforce...

HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook
Aug 26, 2026 21:24 pm UTC| Business Technology
HP Inc. (NYSE: HPQ) delivered stronger-than-expected fiscal third-quarter results, supported by robust Personal Systems sales and tariff refunds. However, HP stock fell more than 9% in after-hours trading Wednesday as...

BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation
Aug 26, 2026 21:23 pm UTC| Business Technology
BofA Global Research has named ASML Holding its top stock pick in the semiconductor capital equipment sector, maintaining a Buy rating as analysts see the Dutch chipmaking equipment giant trading at an unwarranted discount...

SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan
Aug 26, 2026 05:34 am UTC| Business Technology
SoftBank Group is reportedly considering a bond offering worth between $10 billion and $20 billion as the Japanese technology conglomerate looks to refinance borrowing linked to its massive investment in OpenAI. The...

OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing
Aug 26, 2026 05:02 am UTC| Business Technology
Chris Malone, OpenAIs head of data centers, left the artificial intelligence company last week, marking another senior departure as the ChatGPT maker prepares for a planned 2027 listing, according to the Wall Street...