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Sunday, March 2, 2025

Apple commits $500 billion to US innovation and jobs

Apple invests $500 billion in US with a Texas AI factory, 20,000 jobs, chip expansion, and new data centers.
News Desk -

Alibaba’s $50 billion AI bet signals big tech comeback

Alibaba to invest $53B in AI and cloud, signaling a tech rebound after regulatory crackdowns and Jack Ma’s rare meeting with Xi Jinping.
News Desk -

Convenience stores sue PepsiCo over pricing practices

PepsiCo faces lawsuit from California stores over alleged price discrimination, claiming unfair deals favor big retailers like Walmart.
News Desk -

Italian business tycoons targeted in AI voice scam

The scam involved fraudsters making phone calls that appeared to originate from government offices in Rome.
News Desk -

OpenAI eyes $40 billion investment as AI race intensifies

The move comes just three months after OpenAI’s previous funding round, which valued the company at $157 billion.
News Desk -

Musk eyed as potential buyer for TikTok’s U.S. operations amid looming ban

Chinese officials consider Elon Musk buying TikTok's U.S. operations to avoid a ban amid ongoing legal and geopolitical challenges.
News Desk -

PSX faces volatility as investors adjust portfolios

Profit-taking and economic uncertainties weigh on Pakistan’s stock market, despite positive indicators and growing foreign investment.
News Desk -

Wall Street smashes records, dollar soars as Trump wins

The Republican candidate made a stunning political comeback as he defeated Vice President Kamala Harris to return to the White House, four years after losing it to Joe Biden.
AFP -

Starbucks CEO vows to overhaul its cafes and simplify its menu

Starbucks is also facing an uphill battle in China, where it is dealing with a choppy macroeconomic recovery and stiff competition from local brands.
Reuters -
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