Browsing: business

OpenAI plans to lower its revenue share with Microsoft from 20% to 10% by 2030 as part of its restructuring efforts, according to a report by The Information.

Meta Platforms Inc. launches a standalone AI app with social media features to compete with OpenAI’s ChatGPT, while CEO Mark Zuckerberg engages in a technical discussion with Microsoft CEO Satya Nadella at LlamaCon 2025.

Meta Platforms Inc. launches standalone AI app with social media component to compete with OpenAI’s ChatGPT, featuring Llama 4 AI system

Meta Platforms Inc. launches a standalone AI app with a social media component to compete with OpenAI’s ChatGPT, featuring a ‘discover’ feed and voice mode for AI interaction.

NETCLASS TECHNOLOGY INC. expands its market across Asia through strategic acquisition

Event technology specialist Encore has expanded its operations into Spain, offering its full range of services across the country after successfully producing several high-profile events at the Grand Hyatt Barcelona.

Private equity firm GTCR is considering exiting its investment in a health tech company as it continues its sales spree.

Beam, a subsea technology company formed through the merger of Rovco and Vaarst, has entered administration and made all 200 employees redundant across its UK offices.

Tech giants Microsoft and Meta Platforms led Wall Street’s gains after reporting better-than-expected profits for the start of the year, driven by strength in cloud computing, artificial intelligence, and advertising revenue.

Microsoft pledges to fight any U.S. government order to halt European data center operations, addressing customer concerns amid trans-Atlantic tensions