Business & Tech

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Business & Tech

Coverage of business, technology, and finance, from global markets to the latest tech and AI news.

The penalty comes a couple of months after Meta agreed to pay $18 billion to settle claims brought by 48 other states, including allegations tied to Cambridge Analytica

Meta settles, leaving Snap sole defendant in new social media trial

Shares in Intel took a beating after it acknowledged the personal computer market was being slowed due to the AI boom raising prices of memory chips

Markets lashed by tech rout as earnings fan AI fears

Google-parent Alphabet shares plunged 12 percent on Thursday, their worst day since the internet search giant went public in 2004

Raising questions

Wall Street tech rout deepens on doubts over AI spending

The surge in inflation since the Middle East war has triggered numerous demonstrations in Italy against the higher cost of living

Triggered numerous demonstrations

Italy inflation surges to 5.4% as economy stalls

Soaring gasoline prices in the United States have soured consumers as the country looks ahead to congressional elections on November 3

Forecast to make billions

US oil giants report profit surge again on Iran war

With Nvidia's galaxy of investments, chief executive Jensen Huang is seen as AI's kingmaker

'Central bank of AI boom'

Nvidia's web of AI bets: smart strategy or bubble risk?

Google's stock fluctuated after hours and dropped as much as 3 percent

Optimism and anxiety

Google drags down US stocks as Lagarde signals early ECB exit

Mate Rimac's car with a base price of 2.4 million euros ($2.7 million) was stolen on Wednesday

'Don't try your luck'

Bugatti CEO to stop leaving keys inside cars after Chiron theft

TotalEnergies already reported a very strong rise in its bottom line in the preceding two quarters

$8.3bn net profit

TotalEnergies profit hits record on high oil prices

Den 18. September huet Greenpeace schonn am Hafen zu Hamburg géint den Iwwergewënn vun de Pëtrolsentreprise protestéiert.

Totalling €36 billion

Oil companies report massive excess profits since Iran war began

Samsung is the world's largest maker of memory chips

Massive demand for AI chips

Samsung logs record quarterly profits despite investor AI jitters

Microsoft's Surface Ultra will use Nvidia's state-of-the-art AI chip

More than $36.6bn in profit

Microsoft beats expectations fueled by Azure cloud business

Revenue from Google's search business, still the company's largest source of income, rose 12 percent to $63.4 billion, slowing from 17 percent growth in the previous quarter

Fell more than 10%

Shares in Google owner Alphabet plummet on profit miss, ad slowdown

Fed Chair Kevin Warsh said the central bank will monitor incoming inflation data to determine future monetary policy decisions

US stocks eye big tech earnings as Fed holds rates steady

The incident has delayed deliveries for several months

'Complex geopolitical environment'

Airbus aims for record deliveries despite disappointing quarter

French firm Safran is looking to the future with its state-of-the-art production at a UK factory

French firm Safran helps build aircraft wings of the future in UK factory

A taxi driver rides past a Jio advertisement in Mumbai on June 19, 2026

Digital services arm

Billionaire Ambani's Jio soars in market debut after India's biggest IPO

Boeing CEO Kelly Ortberg acknowledged pressure to speed up production but said 'we're going to do it right'

Ramping up output

Boeing shares tumble after it releases cautious growth forecast

Microsoft's Surface Ultra will use Nvidia's state-of-the-art AI chip

Healthy run-up on Wall Street

Tech firms gain ahead of Fed decision, results from AI giants

Mercedes-Benz has lost market share in China

German carmaker

Mercedes-Benz cuts 2026 profit outlook on tough China market

Contacté par l'AFP pour un commentaire, Meta n'a pas réagi dans l'immédiat.

Journalistic content rights

Norway media take legal action to block Meta from using content

HSBC has been carrying out job cuts and a global restructuring

Investors expected more

HSBC profit jumps on higher rates, lower costs

Anthropic said its Claude chatbot leads more than a quarter of its research and development work

Dour mood continues

Brazil markets battered after Lula win, AI in focus elsewhere

Des VW ID.Buzz, sur un parking Volkswagen à Hanovre.

Defective batteries

VW recalls over 72,000 electric cars worldwide

Fuel is running short around the world

Investors losing faith

Oil tops $116 with stocks mixed on earnings, AI

Volvo Cars said it was facing 'hypercompetition' in China and a 'very tough environment'

US tariffs and strong competition

Volvo Cars shares plunge on losses, job cuts

Kering has struggled to turn things around at Gucci, its flagship Italian fashion house famous for its handbags

Down more than 10%

Kering shares tumble as Gucci fails to reassure investors

With a Tesla-SpaceX merger looming, Elon Musk has warned Democrats against targeting him if they return to power.

Worth around $3.5 trillion

Musk wants to merge SpaceX and Tesla: Here's what to know

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