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Latest Business News & Market Updates

Is Starlink Coming to Pakistan?

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Latest Business News & Market Updates

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Latest Business News & Market Updates

Apple Stock Surges After iPhone 17 Launch, Turns Positive in 2025

Oliver Bennett
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Apple Stock Surges After iPhone 17 Launch, Turns Positive in 2025
Latest Business News & Market Updates
CUPERTINO, Calif. — Apple’s stock has bounced back strongly following the launch of its latest devices, erasing all of its 2025 losses and turning positive for the year. After a 4% rally on Monday, Apple shares are now up just over 2% year-to-date, making it the last of the major tech giants to enter positive […]
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Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

US Stocks Fall as Oil Prices Rise & Iran Tensions Grow

Oliver Bennett
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US Stocks, Oil Prices and US-Iran Tensions
Latest Business News & Market Updates
Latest Business News: Wall Street opened Wednesday, September 2, 2026, on shaky footing as a fresh spike in oil prices, climbing Treasury yields, and renewed military tension between the US and Iran combined to unsettle investors. The developments have reignited worries about inflation and pushed traders to reconsider whether the Federal Reserve still has room […]
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State Street Says It’s ‘Too Soon to Count Out AI’ as Tech Momentum Powers On

Prime Day Sparks $7.9 Billion Online Spending Surge in Just 24 Hours

Oliver Bennett
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ChatGPT Image Jul 10, 2025, 10_57_45 PM
Latest Business News & Market Updates
Online shoppers in the U.S. spent a massive $7.9 billion on Tuesday—the opening day of Amazon’s Prime Day sales event—marking a 9.9% increase compared to the same day last year, according to data from Adobe Analytics. This figure makes it the biggest e-commerce day of 2025 so far, surpassing last year’s Thanksgiving Day total of […]
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Amazon Merges Freevee Into Prime Video, Ending Standalone App in August

Amazon Acquires Bee AI to Supercharge Alexa with Wearable Voice Assistant Tech

Oliver Bennett
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ChatGPT Image Jul 23, 2025, 02_24_36 PM
Latest Business News & Market Updates
Amazon is set to acquire Bee AI, a San Francisco-based startup known for its AI-powered wearable device, marking another strategic move by the tech giant to deepen its investments in generative artificial intelligence. Bee AI’s flagship product is a $49.99 wristband that resembles a smartwatch and comes equipped with built-in microphones and AI capabilities. The […]
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ChatGPT Image Jul 21, 2025, 12_19_25 PM

How Huawei Rose from Telecom Player to China’s AI Powerhouse

UK and EU Lock In July 22 for Their Next Summit

Oliver Bennett
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UK and EU Confirm July 22 Summit to Strengthen Economic Ties
Latest Business News & Market Updates
Big news for anyone following Technology Business News this week. Keir Starmer just confirmed that the UK and EU will hold their second post-Brexit summit on July 22, this time in Brussels. He posted it on X himself, saying he’d agreed the date with European Council President António Costa while they were both at the […]
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Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Musk’s xAI Takes Apple & OpenAI to Court Over Alleged Monopoly in AI & App Store

Oliver Bennett
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ChatGPT Image Aug 26, 2025, 04_37_11 PM
Latest Business News & Market Updates
Elon Musk’s AI company, xAI, has filed a lawsuit against Apple and OpenAI, accusing the two tech giants of engaging in an anticompetitive partnership that unfairly harms emerging artificial intelligence players. The case, filed in the U.S. District Court for the Northern District of Texas, claims that Apple has been suppressing competitors like xAI’s chatbot […]
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ChatGPT Image Aug 12, 2025, 04_06_24 PM

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

Lufthansa to Slash 4,000 Jobs by 2030 as AI Reshapes Airline Operations

Oliver Bennett
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Lufthansa to Slash 4,000 Jobs by 2030 as AI Reshapes Airline Operations
Latest Business News & Market Updates
Lufthansa announced on Monday that it will cut 4,000 jobs worldwide by 2030 as part of a major restructuring plan that leans heavily on artificial intelligence to boost efficiency and profitability. The airline group said most of the reductions will target administrative roles, particularly in Germany, as the company streamlines overlapping tasks and embraces digital […]
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ChatGPT Image Jul 21, 2025, 12_19_25 PM

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Europe’s AI Powerhouse: SAP Secures 85% of 2026 Revenue as AI Deals Skyrocket

Oliver Bennett
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Europe’s AI Powerhouse: SAP Secures 85% of 2026 Revenue as AI Deals Skyrocket
Latest Business News & Market Updates
While the global enterprise AI landscape is often dominated by U.S. giants like Microsoft and Salesforce, Europe’s SAP is rapidly emerging as a powerful contender — and it’s betting big on artificial intelligence. In a recent interview, SAP CEO Christian Klein revealed that AI is now the top driver behind new client contracts, fueling impressive […]
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ChatGPT Image Aug 12, 2025, 03_37_45 PM

SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

China’s Momenta Eyes $6 Billion Valuation in New Funding Round as Global Automakers Line Up

Oliver Bennett
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China’s Momenta Eyes $6 Billion Valuation in New Funding Round as Global Automakers Line Up
Latest Business News & Market Updates
Momenta, a leading Chinese autonomous driving technology startup, is in talks to raise fresh capital at a potential valuation of around $6 billion, according to people familiar with the matter. The figure could still shift as the funding process moves forward, sources noted. The Beijing-based company specializes in developing advanced software and algorithms that enable […]
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ChatGPT Image Jul 21, 2025, 12_19_25 PM

How Huawei Rose from Telecom Player to China’s AI Powerhouse

Crypto CEO accused of laundering $500 million to Russian banks

Oliver Bennett
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Iurii Gugnin, a 38-year-old Russian national residing in New York, has been arrested and charged with operating a sophisticated money laundering scheme that allegedly funneled over $530 million through U.S. financial institutions. Gugnin, the founder of cryptocurrency payment firms Evita Pay and Evita Investments, is accused of facilitating transactions on behalf of clients linked to […]
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