Business
Microsoft cloud sales beat expectations amid record AI spending
The company’s largest rivals in cloud services, Amazon.com and Alphabet, have also announced massive expansion plans Microsoft reported…
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Business
Business
JP Saxe Says Tour May Be Canceled ‘If I Don’t Sell 20,000 Tickets in Two Days,’ Addresses Challenges in the Live Market
JP Saxe has done what many artists in his position tend to avoid: in a post captioned “fuck being cool about this,” he’s coming clean with…
Business
EXCLUSIVE: David’s Bridal Deepens Lifestyle Push With Allure Eyewear Partnership
Less than four months into her role as chief executive officer, Kelly Cook is already making bold moves to transform David’s Bridal into a…
Business
Barneys New York’s Gene Pressman, Designers Jeffrey Banks and Dennis Basso Ready for 92NY Talks
Fall seems a long way off, given the steamy temperatures in the Northeast. But Fern Mallis has already cued up three key speakers for her…
Business
Tech CEOs may point to AI for layoffs, but the reality is complicated
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their…
Business
Xbox Console Sales Drop 22%, Game Pass and First-Party Titles Drive 10% Rise in Overall Microsoft Gaming Revenue
Microsoft reported its latest 2025 quarterly earnings results Wednesday. The tech company’s gaming-specific sales reached $5.5 billion for…
Business
Benjamin Sesko: Is Man Utd, Newcastle and Chelsea target on brink of big move?
He's Manchester United's number one target - but can they finally make this the summer of Benjamin Sesko? Source link
Business
The credit card in your pocket is about to become a crypto key
The barriers between legacy financial institutions and cryptocurrency upstarts continue to crumble. JPMorgan and Coinbase announced a new…
Business
Warner Bros. Lays Off 10% of Motion Picture Group
The Warner Bros. Motion Picture Group is enacting a round of layoffs that will see jobs cut across its marketing, production strategy,…
Business
China promises to help companies hit by tariffs after inconclusive trade talks
China’s top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade talks with the…
Business
Amazon Invests in ‘Netflix of AI’ Start-Up Fable, Which Launches Showrunner: A Tool for User-Directed TV Shows
Edward Saatchi isn’t totally sure people will flock to Showrunner, the new AI-generated TV show service his company is launching publicly…
Business
Federal Reserve likely to hold interest rates steady despite Trump pressure
The Federal Reserve is expected to leave interest rates unchanged at its meeting on Wednesday, even as President Trump intensifies his…
Business
CBS News Digital’s WGA East Union Members Reach Deal on Three-Year Contract, One Week Before Skydance Is Set to Take Over
Writers Guild of America East members at CBS News Digital reached a deal with management on their first collective-bargaining agreement,…
Business
Panasonic announces new CEO, a former Boeing executive
Japanese electronics and technology company Panasonic has chosen a new chief executive after eking out a 1.2% rise in its first quarter…
Business
EXCLUSIVE: Harvey Nichols Unveils Colorful Vision for Knightsbridge Flagship’s Ground Floor
LONDON— Harvey Nichols will reveal the first phase of its three-year transformation program in the fall, with the launch of a “reimagined…
Business
Roundtables: Why It’s So Hard to Make Welfare AI Fair
Amsterdam tried using algorithms to fairly assess welfare applicants, but bias still crept in. Why did Amsterdam fail? And more important,…
Business
Local startup MetaOptics Technologies lodges preliminary prospectus for Catalist IPO
MetaOptics Technologies, a Singapore-headquartered semiconductor optics startup, on Wednesday (Jul 30) lodged its preliminary prospectus…
Business
US: Wall St opens higher as investors digest GDP data; Fed verdict awaited
Wall Street’s main indexes opened higher on Wednesday (Jul 30) as investors assessed better-than-expected GDP data, and awaited the…
Business
OpenAI's Powerful GPT-5 Model May Launch Next Week, Promises Major Upgrades
OpenAI is likely to unveil its highly anticipated GPT-5 model as early as next week. The new model is expected to bring major improvements…
Business
CatVideoFest Founder on the Biggest, Furriest and Funniest Edition Yet: ‘People Need Unbridled Joy’
Will Braden knows exactly what makes a cat video go viral. “In most of the successful ones, the funniest bit of it happens right at the…
Business
US economy grows after swing in imports
A sharp drop in imports triggered by President Donald Trump tariff policy helped boost US economic growth between April and June,…
Business
PropertyGuru says business has logged double-digit per cent growth in a year
Lewis Ng, who took over as chief executive at PropertyGuru in March, has had a busy four months. But he is back on familiar ground, having…
Business
Jardine C&C reports 23% fall in H1 earnings to US$371 million on unrealised fair value losses
Jardine Cycle & Carriage (JC&C) on Wednesday (Jul 30) reported a 23 per cent decline in earnings to S$371.1 million for the first half of…
Business
Mapletree Logistics Trust to divest South Korean property for S$7.4 million
The proposed divestment is in line with its manager’s drive to rejuvenate its portfolio by letting go of assets no longer aligned with its…