Big Tech

Big Tech's debt binge raises risk in race to create an AI world

Listen to the Here's Why podcast on Apple, Spotify or anywhere you listen

US court allows Meta to keep WhatsApp, Instagram: Decoding the case

A US federal court has rejected the FTC's attempt to break up Meta, ruling that Instagram and WhatsApp can remain under the company's control - a major blow to regulators targeting Big Tech dominance

Big Tech's Climate Strategists Feeling Strain of AI Power Needs

One of Trump's biggest moves against renewables was to use massive tax bill he signed in July to strip away clean energy incentives created through his predecessor Joe Biden's Inflation Reduction Act

Big Tech firms add 30,000 employees in India in past 12 months: Xpheno

Meta, Alphabet, Apple, Amazon, Microsoft and Netflix added over 30,000 jobs in India in the last 12 months, expanding headcount by 17% amid global restructuring

Why Big Tech is turning to nuclear energy to power the AI revolution

Technology giants are exploring nuclear energy as a sustainable solution to fuel the rapidly growing energy needs of AI-driven data centres

Big Tech 'Acquihiring': An ugly but useful trend in AI talent acquisition

The venture capital industry's so-called power-law model means payoffs for investors usually come from just one or two runaway successes like Inflection or Scale AI

Big Tech's soaring energy demands make coal power plants more attractive

Coal-fired power plants, long an increasingly money-losing proposition in the US, are becoming more valuable now that the suddenly strong demand for electricity to run Big Tech's cloud computing and artificial intelligence applications has set off a full-on sprint to find new energy sources. President Donald Trump who has pushed for US energy dominance in the global market and suggested that coal can help meet surging power demand is wielding his emergency authority to entice utilities to keep older coal-fired plants online and producing electricity. While some utilities were already delaying the retirement of coal-fired plants, the scores of coal-fired plants that have been shut down the past couple years or will be shut down in the next couple years are the object of growing interest from tech companies, venture capitalists, states and others competing for electricity. That's because they have a very attractive quality: high-voltage lines connecting to the electricity grid tha

Wall Street sell-off spirals, briefly sends US stocks 10% below its record

Wall Street's sell-off is spiralling Tuesday following President Donald Trump's latest escalation in his trade war, briefly pulling the US stock market 10% below its record set just a few weeks ago. The S&P 500 was down 1.4% in afternoon trading after Trump said he would raise tariffs on steel and aluminum coming from Canada, doubling their planned increase to 50%. The president said it was a response to moves a Canadian province made after Trump began threatening tariffs on one of the United States' most important trading partners. The Dow Jones Industrial Average was down 678 points, or 1.6%, as of 1:40 pm Eastern time, and the Nasdaq composite was 1% lower. The S&P 500 was sitting at the edge of what Wall Street calls a correction," where it falls 10%, and was sitting within 0.1 percentage points of the mark. Such head-spinning moves are becoming routine following a scary ride for investors where the S&P 500 has swung by at least 1%, up or down, seven times in the last .

Motive to hire hundreds as AI unicorns expand, follow Big Tech to India

Motive is among upstarts that are following major tech corporations like Meta and Microsoft into India, betting on one of world's deepest AI engineering pools to speed innovation

Donald Trump considers tariffs to counter digital taxes on US Big Tech

The memo called for the Office of the US Trade Representative to propose retaliatory measures, including tariffs, on countries that impose digital taxes on US tech companies

Google to be hit with EU charges of breaching Big Tech rules: Report

The move by the European Commission comes amid tensions with U.S. President Donald Trump who has sided with U.S. tech giants lobbying against EU regulations and criticising fines as a form of tariff

Meta's Zuckerberg to face Parliamentary summons over India elections remark

BJP MP Nishikant Dubey accused CEO Mark Zuckerberg of spreading misinformation through his earlier comments on the 2024 Indian general election

Apple's revamped app fees draw increased EU scrutiny under big tech rules

The company is facing the risk of a hefty fine for thwarting efforts by third-party developers to steer users toward cheaper deals and offers outside of the App Store

EU to investigate Amazon next year, its share price drops by 3% post report

Amazon could face a substantial fine of up to 10 per cent of its annual global revenue if it is found guilty of breaching the European Union's Digital Markets Act

Big Tech's employee activism quiet after Trump presidential poll victory

Mark Zuckerberg, Facebook's chief executive, posted that his great-grandparents were immigrants and that his in-laws were refugees

Apple to face first fine under EU's Digital Markets Act for Big Tech

Watchdogs are readying the penalty after the iPhone maker failed to allow app developers to steer users to cheaper deals and offers outside of the App Store

As regulators get tough, Big Tech's easy ride is coming to an end

Now Google and Apple are getting slapped for those blatantly unfair advantages

US court takes aim at Big Tech liability shield after 10-yr-old's death

Three weeks before Christmas 2021, Nylah Anderson was found lifeless in her mother's closet in suburban Philadelphia

Why does Big Tech oppose California AI bill if it wants it to be regulated?

The proposal would mandate safety testing for many of the most advanced AI models that cost more than $100 million to develop or those that require a defined amount of computing power

Big Tech's AI promises become a 'show me' story for investors: Report

Results from Microsoft Corp., Meta Platforms Inc., Amazon.com Inc. and Apple Inc. this week signaled that biggest companies in world are still heavily investing in artificial intelligence