Moves comes amid concerns over AI spending Buffett previously regretted missing out on Google investment Alphabet shares have climbed 46% YTD Nov 17 (Reuters) – Alphabet’s (GOOGL.O), opens new tab shares rose 5.2% on Monday after Berkshire Hathaway (BRKa.N), opens new tab disclosed a stake in the tech giant, marking what could be one of…
SAN FRANCISCO, Nov 13 (Reuters) – Apple (AAPL.O), opens new tab on Thursday said it would lower commissions for “mini apps” on iPhones and other devices. Apple’s App Store charges commissions of up to 30% on digital purchases. Under the program announced Thursday, that rate will come down to 15% for developers of mini apps…
DUBLIN, Nov 12 (Reuters) – Ireland’s media regulator began an investigation into social media platform X on Wednesday over concerns it is not giving users a chance to appeal content moderation decisions and that its internal complaint-handling systems are not easy to access. The investigation will assess Elon Musk-owned X’s compliance with parts of the…
Tech sector amounts to 36% weight in S&P 500, more than in dot-com era Tech remains best performing sector YTD AI-related declines could prompt broader weakness NEW YORK, Nov 6 (Reuters) – This week’s wobble in shares connected to artificial intelligence is a stark reminder that the U.S. stock market is ever more reliant on…
WASHINGTON, (Reuters) Nov 4 – Alphabet’s (GOOGL.O), opens new tab Google said on Tuesday it has reached a comprehensive U.S. court settlement with “Fortnite” video game maker Epic Games, agreeing to Android and app store reforms aimed at lowering fees, boosting competition and expanding choices for developers and consumers. In a joint filing, opens new…
Shein to open outlet in Paris department store on Wednesday Its first permanent stores have drawn widespread criticism France working on fast fashion law that Shein opposes Shein under scrutiny in France over low-cost business model LONDON, Nov 4 (Reuters) – Chinese online fashion platform Shein is ramping up its fight in France, gambling that…
BEIJING, Nov 4 (Reuters) – Tesla’s (TSLA.O), opens new tab China-made electric vehicle sales fell 9.9% to 61,497 units in October from a year earlier, reversing a 2.8% increase in September, data from the China Passenger Car Association showed on Tuesday. Sales of the U.S. automaker’s Model 3 and Model Y vehicles made at its…
Nov 3 (Reuters) – Electric aircraft maker Beta Technologies has raised $1.01 billion in its U.S. initial public offering on Monday, pricing its shares above its indicated range and underscoring the strong pipeline of new listings in the resurgent IPO market. The Vermont-based company sold 29.9 million shares at $34 apiece, above its indicated range…
Indexes: Dow down 0.3%, S&P 500 up 0.2%, Nasdaq up 0.6% Kimberly-Clark to acquire Kenvue for about $48.7 bln Iren jumps after $9.7 bln contract with Microsoft U.S. manufacturing activity contracts in October Nov 3 2025 – The S&P 500 and Nasdaq edged higher on Monday, after a slew of AI deals boosted megacap companies…
Oct 30 (Reuters) – Netflix (NFLX.O), opens new tab on Thursday announced a ten-for-one stock split, making the streaming company’s shares more affordable for retail investors. The company said it would issue nine additional shares for each share held after close of trading on Nov 10, adding that the split will make its stock more…