Research
Amazon to Launch 'Prime Air' Drone Delivery Trial in the UK
Amazon will test its Prime Air drone delivery service in the UK as part of a trial to explore beyond-visual-line-of-sight operations and integrate drones into UK airspace.
Meta's Stock Rises After Better-Than-Expected Q2 Earnings
Shares of the big tech company Meta jumped by about 7% in extended trading on July 31 after exceeding Wall Street expectations on revenue and profit for the second quarter of 2024.
Microsoft to Spend More Funding to Develop AI Infrastructure
Microsoft said that it would increase its spending on developing its artificial intelligence infrastructure despite a slowed growth in its cloud business.
Intel Announces Massive Job Cuts, Cites Cost-Cutting Measures
Intel announced that it was making thousands of jobs redundant in order to reduce costs and to be able to afford an ambitious effort to rebound from an earnings slump and recent weak market share performances.