Browsing: Alphabet

Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in its World Investment Report 2026. The gain kept the region as the largest FDI recipient

Google has been found to hold illegal monopolies in online advertising markets, marking a significant antitrust ruling by a U.S. federal judge. The decision, issued Thursday by District Judge Leonie Brinkema in the Eastern District of Virginia, follows a September

The European Commission has initiated antitrust proceedings against Google and directed Apple to comply with the bloc’s Digital Markets Act (DMA), intensifying regulatory scrutiny on major U.S. technology firms. These actions come amid rising tensions between the European Union and

AI startup Anthropic has seen its valuation soar to $61.5 billion following its latest funding round, marking a threefold increase in a short span. The company successfully raised $3.5 billion, significantly surpassing its initial $2 billion target. This rapid valuation

MENA Newswire News Desk: Google has successfully overturned a €1.5 billion ($1.7 billion) fine imposed by European Union regulators over its AdSense for Search product. In a decision announced Wednesday, the EU’s General Court annulled the fine, siding with the

Meta Platforms (META) stock experienced a 14% surge on Thursday after the company’s Q1 results, released late Wednesday, exceeded expectations. The company also raised its forecast for the current quarter while lowering its expense outlook. Trading at $239, shares of

Amazon Inc’s cloud computing division was awarded a $723.9 million enterprise software license contract by the United States Navy. With the deal, the Navy will be able to access Amazon Web Services’ (AWS) commercial cloud environment, Professional Services, and training

A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value to about $40.8 billion at the end of the second quarter. According to a US Securities and Exchange Commission filing,