Myspace is preparing another attempt at a comeback at a moment when the biggest problem facing social media may no longer be attracting users, but keeping them from spending too much time online. The platform that once helped define the early social internet is being positioned for a return just as concerns over endless scrolling,…
Berkshire Hathaway has begun putting its enormous cash reserves to work at a pace that marks an important change in capital allocation under Chief Executive Greg Abel. The conglomerate repurchased $4.5 billion of its own shares in the second quarter and another $3.3 billion in July, while spending nearly $20 billion more on stocks than…
Moderna has begun the first human trial of its experimental vaccine against Bundibugyo virus disease at a moment when the Democratic Republic of Congo is facing one of the fastest-growing Ebola outbreaks ever recorded. The trial is significant because the strain driving the outbreak has no licensed vaccine specifically approved against it, leaving health authorities…
Alibaba’s reported plan to seek revenue-sharing agreements from major commercial users of its next open-weight artificial intelligence model marks an important change in the economics of open AI. The company appears to be trying to preserve the rapid adoption created by freely available model weights while capturing part of the commercial value generated by businesses…
European chemical companies have delivered stronger-than-expected quarterly results, but the latest earnings season suggests that improved profitability has been driven more by internal restructuring than by a broad recovery in market demand. Across the sector, companies have reported resilient earnings through aggressive cost reductions, operational restructuring and stronger performances in consumer-oriented businesses, even as industrial…
India’s leading e-commerce companies are increasingly shifting from discount-led competition towards loyalty-driven customer retention, with shopping platforms expanding their ecosystems beyond retail to include digital entertainment, financial services and everyday consumer benefits. Flipkart’s partnership with Netflix, which rewards eligible loyalty members with a mobile streaming subscription after meeting monthly shopping thresholds, reflects a broader transformation…
Apple’s weaker-than-expected revenue forecast has shifted investor attention away from quarterly earnings and towards a more fundamental question confronting the consumer technology industry: how the artificial intelligence infrastructure boom is reshaping global electronics supply chains. Despite reporting stronger-than-expected financial results and continued demand for flagship products, Apple warned that shortages of critical components are limiting…
The Indian government’s decision to summon Meta’s senior executives for a second time over the brief restriction of Prime Minister Narendra Modi’s Facebook post has evolved beyond a dispute over one social media error. Instead, it has reopened a wider debate over who ultimately controls political speech in India’s digital public square and whether social…
Adidas entered the latest reporting season with considerable momentum. The company had emerged as one of the biggest commercial beneficiaries of the FIFA World Cup, outfitting both finalists, recording exceptional merchandise sales and strengthening its global brand visibility through one of the largest sports marketing campaigns in its history. Revenue exceeded market expectations and management…
Britain’s automotive industry is confronting a competitive challenge that extends far beyond the arrival of new Chinese car brands. The rapid expansion of Chinese manufacturers in the United Kingdom is exposing structural weaknesses that have been building within the British automotive sector for years, including high production costs, slowing investment, expensive energy, regulatory pressures and…
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