New York AI firm Verneek will establish its first European headquarters in Luxembourg, the company announced. Pending final agreements, the…
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Uber Slashes 253 San Francisco Jobs in Push to Flatten Management
Uber will eliminate 390 California positions, including 253 at its San Francisco headquarters and 137 in Sunnyvale, according to state…
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Hy-Tech Engineers Plans US, Europe Subsidiaries After 13% Revenue Jump
Hy-Tech Engineers reported a 13% revenue increase to Rs 430 million for the quarter ending June 30, 2026. EBITDA rose…
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Google Bets €13 Billion on Finnish Nuclear Power for AI Expansion
Google is investing at least €13 billion ($15.1 billion) in Finnish AI infrastructure over two years, its largest European commitment…
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VW Slashes 50,000 More Jobs in Its Largest-Ever Restructuring Plan
Volkswagen approved “Future Plan 2030” on Thursday, its largest restructuring ever, eliminating roughly 50,000 additional jobs worldwide. The automaker did…
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€390 Million Push Builds Europe’s Largest Quantum Chip Foundry by 2027
Copenhagen is set to host Europe’s largest quantum chip fabrication plant by 2027. Quantum Foundry Copenhagen, owned by the Novo…
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Bungie Rents Out 211,000 Square Feet of Bellevue HQ Through 2035
Bungie is subleasing nearly 211,000 square feet of its Bellevue, Washington headquarters through September 30, 2035. The studio confirmed the…
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Samsung Biologics launches $2.18 billion share sale to swallow PolyPeptide
Samsung Biologics will issue 2.27 million shares to raise 3 trillion won ($2.18 billion), funding its acquisition of Swiss firm…
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Samsung Hunts Mega Acquisitions After 85% Profit Plunge
Samsung endured a punishing 2023, with profits plunging 85% year over year as demand for smartphones and memory chips collapsed.…
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22,500 Developers Flood San Francisco Hub as AWS Adds Hyderabad, Berlin, São Paulo
AWS is expanding its Builder Loft community spaces with permanent hubs in Berlin, Hyderabad, and São Paulo after its San…
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