Technology
Dyson to Axe About 1,000 Jobs as Part of Global Cost-Cutting Drive
The largest market for Dyson is Asia, where it faces competition from regional rivals who frequently...
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SoftBank to Fund AI Startup Perplexity with $3 Billion Valuation
SoftBank's equity investment supports Perplexity's current business partnership. This year, the startup revealed a collaboration to...
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VW Invests $5 Billion in Rivian to Revitalize Electric Vehicle Ambitions
The firms released a joint statement stating that VW and Rivian will "equally control and own"...
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Apple launches ‘Apple Intelligence’ at WWDC 2024
In the months leading up to the event, Apple's stock, which is underperforming other large tech...
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Amazon’s $10 bn Satellite Project Kupier Reaches Factory Milestone
The first two Amazon prototype satellites are scheduled to crash into Earth's atmosphere, ending their lives...
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Samsung Receives $6.4 bn from the US Government to Boost Chip Production
Samsung plans to invest over $40 billion in the sector including two foundry fabrication sites Biden...
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AI Startup Anthropic Secures $2.75 Billion Investment from Amazon
Amazon has made its largest outside investment in thirty years. This was done to gain an...
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Breakup Threat Looms Large on Google and Apple as Regulators Clamp Down
Google disagreed with the EU's charges, while Apple maintained that the legal and factual basis for...
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Apple’s value shrinks by $113 Billion amidst regulatory scrutiny
Shares of Apple plunged 4.1% on Thursday erasing nearly $113 billion in market value Apple is...
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Social Media Giant Reddit Sets IPO Price at $34 Per Share
The 19-year-old California-based social media giant Reddit, whose website runs millions of online communities, priced its...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
