Following a request and US$129m payment from President Trump, Duke Energy has agreed to relinquish its offshore wind leases in North Carolina Duke Energy has terminated plans for an offshore wind ...

This week's top five stories include Volkswagen's planned job cuts, Palo Alto's CEO on AI skills and Meta's cloud business plans to sell excess AI compute Volkswagen faces a proposal to eliminate ...

Following Google’s restriction of Meta’s access to Gemini, Mark Zuckerberg says Meta plans to create a cloud business and sell computing access externally Meta has announced plans for a new cloud ...

Cristina Pieretti, Head of Digital Content and Innovation at Moody’s, says the firm is one of the first financial data providers to deliver a library of AI skills on an open standard. Credit Moody's ...

Bob Hennegan, Meta's former Vice President for Global Data Center Facility Operations, has been appointed by CyrusOne as its new Senior Vice President, US Operations (Photo Credit: CyrusOne) Bob ...

This week's top five stories include Mark Zuckerberg's AI mistakes, Elon Musks's acquisition of Cursor and Enrique Lores's venture capital arm closure According to a company memo, Meta CEO Mark ...

Diageo CEO Dave Lewis has announced plans to cut roles and reduce costs in hopes to improve company finances after a period of declining sales Diageo’s newest CEO Dave Lewis has instructed the company ...

Young Li, Chairman of Foxconn, says combining Foxconn's strengths with Schneider Electric's, both companies will provide customers with faster and smarter AI technology The companies have announced a ...

Meta CEO Mark Zuckerberg says the company does not expect more company-wide layoffs this year (Credit: Getty) After laying off 10% of its workforce in May, Meta CEO Mark Zuckerberg admits the company ...

The US$2.3bn acquisition of Hugo Boss builds on Frasers’s existing elevation strategy to enhance its image as a luxury retailer Frasers Group, led by CEO Michael Murray and majority shareholder Mike ...

Honeywell Chairman and CEO of Vimal Kapur discusses the historic value of the brand and its commitment to advancing automation and aerospace technology Honeywell is splitting into two separate ...

AI-powered intelligence platform CameraMatics is planning a global expansion after securing €49m (US$56m) in funding from Blume Equity Irish fleet intelligence firm CameraMatics has secured €49m ...