Tokyo — Asian stocks slid on Thursday as chip-sector stocks tracked overnight declines by Wall Street peers and Facebook owner Meta Platforms warned of accelerating costs for artificial intelligence. More megacap tech earnings are due later in the day from Apple and Amazon. The yen hovered...
photo: AP / Mark Lennihan
More than a quarter of all new code at Google is generated by artificial intelligence (AI), the search engine giant's CEO Sundar Pichai said on the company’s third quarter 2024 earnings call, according to a by The Verge. A large Google logo is seen at Google's Bay View campus in Mountain View,...
photo: Creative Commons / photo by Mojahid Mottakin on Unsplash
The euro zone economy grew faster than expected last quarter but threats of oversized tariffs from a potential Trump presidency along with escalating trade tensions with China are keeping the outlook muted. Gross domestic product in the 20 countries sharing the euro grew by 0.4% in the third quarter...
photo: AP Photo / Petros Karadjias
Germany's gross domestic product unexpectedly grew in the third quarter driven by government and household spending, skirting a recession amid fears that Europe's biggest economy...
photo: Creative Commons / AC Almelor
The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile trade investigation that has divided Europe and prompted retaliation from Beijing. Just over a year after launching its anti-subsidy probe, the European...
photo: AP / Matthias Schrader, File
China has a new richest person – and it’s the entrepreneur behind the wildly popular, and controversial, app TikTok. Zhang Yiming, 41, co-founder of TikTok’s parent company ByteDance, topped the 2024 Hurun China Rich List, released Tuesday. His wealth reached $49.3 billion, as assessed by research,...
photo: Creative Commons / Pixabay/Nitish Gupta
