Google to invest $15 bn in India, build largest AI hub outside US
Google said Tuesday it will invest $15 billion in India over the next five years, as it announced a giant data centre and artificial intelligence base in the country. “It is the largest AI hub that we are investing in anywhere outside of the US,” Google Cloud CEO Thomas Kurian said at a ceremony in New […]
China’s economic growth slows amid sputtering domestic demand
China’s economic growth slipped below five percent in the third quarter of 2025, the slowest pace in a year as trade headwinds and a domestic consumer slump continued to weigh. The data comes as the country’s ruling Communist Party kicks off a closely watched four-day meeting in Beijing focused on long-term economic planning. It also […]
Amazon’s cloud services hit by global outage
A global outage hit Amazon’s cloud services on Monday, the subsidiary of the US tech giant said, disrupting many websites and services including Amazon Prime, Perplexity, Fortnite, Alexa, Snapchat and Duolingo. Messages on the maintenance site for Amazon Web Services (AWS) confirmed “increased error rates” for multiple services and said its engineers were working to […]
Trial opens in Klarna’s $8.3-bn lawsuit against Google
A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner, owned by Klarna, against tech giant Google for over $8 billion for promoting its own shopping comparisons in search results. The Swedish tech startup filed its suit with the Patent and Market Court in Stockholm in 2022, following […]
US stocks rise to open big earnings week
Wall Street stocks rose early Monday as markets looked ahead to a heavy week of corporate earnings and monitored the positioning of political leaders on the US government shutdown. This week’s earnings calendar includes results from Netflix, Tesla and Procter & Gamble. A Factset analysis of earnings forecasts and results projected third-quarter growth of 8.5 […]
