Google has promised to provide 25 million euros, or $26.78 million, to support the education of Europeans in artificial intelligence (AI).   The internet giant said on Monday that it has launched applications for social entrepreneurs and charities that may assist in reaching those who would...

Nelson Peltz, a billionaire activist and board member, is "fully behind" a recently developed plan to revitalise the company, according to Unilever CEO Hein Schumacher, despite the doubts of some other investors following years of underperformance in the industry.   According to Schumacher,...

PepsiCo's shares fell as much as 4% on Friday after the company revealed a surprising decline in quarterly sales and predicted a steep slowdown in organic revenue growth for 2024 due to several price increases that are impacting the demand for its chips and beverages.   After two years of...

Network giant Cisco plans to restructure its operations in order to concentrate on high-growth areas. This reorganisation will involve the layoff of thousands of employees, according to a Reuters report quoting three people familiar with the situation,.   As of fiscal 2023, the San Jose,...

Among a small group of businesses chosen to take part in Walt Disney's Accelerator incubator programme in 2017, Epic Games' founder hoped to integrate the popular characters from the entertainment conglomerate into his virtual playground.   Disney is now placing a far larger wager that will...

The Wall Street's fervour for artificial intelligence is pushing Nvidia to likely surpass Amazon in value for the first time in twenty years, and Alphabet, the company that owns Google, is not far behind.   According to LSEG statistics, Nvidia's market capitalization increased to $1.715...

Amidst a rebound in the valuation of technology companies, SoftBank reported its largest gain in over three years at its flagship tech investment arm, the Vision Fund, in the December quarter.   This is SoftBank's performance during the December quarter relative to LSEG estimates:  ...

The largest contract electronics manufacturer in the world and Apple's primary iPhone assembler, Foxconn of Taiwan, predicts that business will be "slightly better" this year than last, despite a lack of processors for AI servers.   Liu Young-way, the chairman of Foxconn, stated on Sunday,...

The Indian digital payments company Paytm's shares fell 10% to almost all-time lows on Monday, continuing a downward trend that began last week due to a regulatory crackdown on its banking division.   Since the Reserve Bank of India (RBI) instructed Paytm Payments Bank on Wednesday to cease...

Wall Street was let down by Alphabet when the business announced that this year it would be spending more on things like servers that would fuel artificial intelligence, despite the fact that holiday-season advertising sales fell short of forecasts.   After hours trading saw a 6% decline in...

According to a senior United Airlines executive, the COVID-19 pandemic has resulted in a broad loss of experience in the aviation business, which may have led to current issues at Boeing.   "Experience counts and they need to have a good experienced team righting the ship," Executive Vice...