English

More about this topic

Tech News

What will the UN's Global Digital Compact mean for AI and tech

The UN’s Summit of the Future has put tech and AI governance high on the multinational body's global agenda.

Markets

Nvidia sheds billions in value as it logs largest ever one-day drop

Nvidia shares suffered their largest one-day drop ever amidst the artificial intelligence (AI) stock sell-off. The company is also facing an antitrust investigation due to concerns over its dominance in AI chip supplies.

Markets

Nvidia shares slide as guidance misses market expectations

Nvidia surpassed market expectations with its quarterly results but fell short of analysts' estimates for growth in the current quarter. As a result, its shares fell during extended trading hours, as concerns emerged of a slowdown.

Business

Nvidia: No sign of chips being down as all eyes turn to Blackwell

Nvidia releases its quarterly earnings, a month after major tech companies reported second-quarter performance. The spotlight will be on updates regarding its Blackwell chip, viewed as a significant area for growth.

ADVERTISEMENT

Tech News

Uber fined €290 million for transferring EU driver data to the US

Uber has to pay the Dutch data protection agency €290 million for transferring European taxi drivers’ data to servers in the United States.

Tech News

New Dutch PM bans devices in cabinet meetings over spying fears

Dick Schoof, the Netherlands' new premier, was a former head of the country's intelligence services before he headed up the new technocratic government.

Markets

Wall Street's next big test is looming with Nvidia's profit report

How much hype is left in Nvidia's stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question next week.

Tech News

US judge plans to order major changes for Google's Android app store

Google should expect a shake-up of its Android app store, a judge made clear on Wednesday.

Markets

AI stocks lose appeal amid heavy spending and slowing earnings growth

The one-month selloff in technology stocks might indicate sector rotations by major funds as the investment cycle shifts. Quarterly earnings reports also suggest a slowdown in growth due to capacity constraints, driven by the surge in AI demand.

Tech News

Apple updates app store developer policies following EU investigation

The tech giant is subject to an EU probe about its compliance plan with the Digital Markets Act.

Business

Global stocks plunge after tech-driven sell-off and US growth fears

The global sell-off on stock markets deepened as US jobless figures hit a three-year high. The unemployment rate rose to 4.3%, up from 4.1% and its highest level since October 2021.

Business

China takes bite out of Apple's earnings as Amazon numbers weaken

The US tech giants Apple and Amazon reported mixed earnings results for the June quarter. While Apple consolidated its position as the world's most valuable company, Amazon disappointed investors with its light guidance.

Business

Arm shares take a tumble on disappointing hints of flat growth ahead

Arm reported earnings for the June quarter that well surpassed market expectations. However, the firm provided flat guidance for the fiscal year 2025, which caused a sharp sell-off in its shares in after-hours trading.

Business

Why China and Apple Intelligence remain key for tech giant's growth

China remains a critical metric for Apple's earnings, with analysts projecting a 2.6% fall in sales in the country. The world's largest company faces fierce competition from Chinese domestic phone makers, particularly Huawei.

Markets

Microsoft sees shares fall as cyber-attack triggers another outage

Shares slip as the company reports another outage and quarterly earnings report shows a slowdown in growth in core business Azure while capital expenditure rises amid the AI build.

Markets

What Zuckerberg has in store for Meta on big tech earnings week

Meta Platforms is scheduled to report its second-quarter earnings on Wednesday. Analysts expect the company to continue its double-digit growth with key focuses on advertising income and its newly announced AI tool, the Llama 3.1 model.

Tech News

Euronews Digital Summer: 'Avoid repeating GDPR mistakes with AI,' Axel Voss warns EU - Interview

The German MEP, in office since 2009, is known for his involvement in tech issues in the European Parliament. He reflects on his experience and the challenges ahead.

Markets

Weekly markets recap: Losses deepen as risk-off sentiment prevails

Global markets may continue a weekly decline due to the intense selloff in blue chips, particularly in technology shares. However, the European markets showed more resilient movements than their US peers.

Markets

Big tech shares set to waver as Tesla and Alphabet disappoint markets

The two major tech earnings are pressuring Wall Street, with futures pointing to a lower opening on Wednesday. The souring sentiment may ripple through the European markets as LVMH also failed to cheer investors.

Europe Decoded

Euroviews. Enforcement is crucial for EU's tech policy success

The EU and its member states must be prepared to enforce laws firmly, even against powerful tech companies. But regulatory independence is easier said than done, Maria Koomen and Raegan MacDonald write.