In a promising announcement for investors and market observers alike, Wise, the British digital payments pioneer, revealed a notable 55% surge in profit for the first half of its 2025 fiscal year. This remarkable growth, driven primarily by an expanding customer base and an increased market share, marks a substantial rebound from its previous fiscal
Enterprise
In recent times, the relationship between technology companies and their employees has become increasingly scrutinized, especially regarding internal political expressions. Google, a dominant player in the tech industry, has found itself grappling with this issue as it navigates employee communication within its internal platforms. Following a series of controversial policies aimed at moderating political discourse
In a notable shift in the tech landscape, OpenAI has appointed Caitlin “CK” Kalinowski as the head of its robotics and consumer hardware initiatives. Kalinowski’s transition from her role at Meta, where she led the innovative Orion augmented reality glasses project, marks a significant commitment by OpenAI to explore the integration of artificial intelligence with
Amazon’s announcement regarding its latest delivery drone, the MK30, has stirred a mixture of excitement and skepticism in the realm of drone logistics. On a day marked by regulatory validation, the tech giant joined several other competitors in the race to revolutionize delivery systems. The approval from the Federal Aviation Administration (FAA) represents a pivotal
In a significant development for the fintech industry, the American company Affirm has officially launched its buy now, pay later (BNPL) service in the United Kingdom. This expansion marks a critical milestone as it represents the company’s first venture outside of North America. Founded in 2012, Affirm has carved out a niche in the financial
Amazon’s stock witnessed a significant surge of 6% following the announcement of its latest earnings, which exceeded analysts’ expectations. The tech and e-commerce giant’s shares reached a high of $200.50, not far from its all-time peak. Overall, Amazon’s stock has demonstrated an impressive annual growth of around 32%, reflecting investor confidence in its ability to
The current climate of cloud computing reflects not just a technological evolution, but a fundamental shift in market ownership due to innovative approaches toward artificial intelligence (AI). Recently, Google has showcased an impressive growth trajectory, suggesting that its cloud computing division may soon rival industry giants such as Amazon and Microsoft. Google Cloud posted a
In an era where technological advancement is accelerating at an unprecedented rate, Amazon CEO Andy Jassy’s recent assurances to investors during the company’s third-quarter earnings call reflect a strategic vision that seeks to quell doubts regarding the substantial investments being poured into generative artificial intelligence (AI). Jassy is navigating a complex financial landscape, and his
Chinese smartphone maker Honor is carving out its own path as it gears up for an initial public offering (IPO), following its separation from Huawei in late 2020. On Thursday, the company announced significant investments from a cadre of new backers, signaling a renewed confidence and commitment from the financial world. Key players such as
Ruth Porat’s tenure as Chief Financial Officer (CFO) of Google and its parent company, Alphabet, has set a high bar over her nine years of service. Her decision to leave a lucrative Wall Street career for the fast-paced environment of Silicon Valley in 2015 was marked by a substantial compensation package, reflecting the high stakes