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Google
212 posts
Constellation secures conditional $5bn US loan commitment for nuclear power expansion
The US nuclear power producer has received a conditional federal financing commitment covering potential capacity increases at existing reactors, extending a strategy supported by long-term electricity agreements with major technology companies.
People Inc added 320 employees this year. Why is it still cutting 195 jobs?
People Inc is eliminating 195 positions, roughly 6% of its workforce, with most reductions concentrated in print and legacy web operations even after hiring 320 employees during 2026. The restructuring exposes a deeper media-economics shift as digital revenue grows but Google AI Overviews reduce search-driven traffic, forcing publishers to redirect people and investment toward commerce, licensing, social video and other businesses less dependent on conventional web visits.
Reddit (RDDT) crashes 29% despite 53% growth: Can its $18bn valuation survive falling Google traffic?
Reddit shares plunged 29.22% after management warned that declining search referrals could cause a double-digit reduction in daily users during the fourth quarter. Despite 53% revenue growth, $363 million in quarterly free cash flow and an equity valuation now below $18 billion, investors face a difficult question about whether stronger monetisation can offset a potentially structural loss of search-driven traffic.
Alphabet loses nearly $500bn in market value as AI spending and weaker search advertising alarm investors
Alphabet's shares have suffered a historic selloff after its third-quarter results exposed the financial strain of accelerating AI investment, negative free cash flow and softer-than-expected search advertising.
Anthropic warns AI could threaten humanity as $2T IPO plans reveal explosive growth and massive losses
Anthropic eyes a $2 trillion IPO after explosive revenue growth and major AI safety warnings. Discover the financial risks behind its planned debut.
Verizon (NYSE: VZ) adds 406,000 phone lines. Why is the stock falling?
Verizon delivered its strongest third-quarter wireless subscriber growth in five years, raised earnings guidance and announced a US$2 billion-plus Amazon Web Services agreement. Yet its shares declined as investors weighed weaker equipment revenue, the timing of AI infrastructure income and the emerging competitive challenge from SpaceX.
Google links exploited BeyondTrust zero-day to suspected China-nexus espionage group as enterprises face urgent patching
Google Threat Intelligence Group and Mandiant have disclosed evidence linking exploitation of a BeyondTrust Remote Support vulnerability to a suspected China-nexus espionage group. BeyondTrust has released security patches and identified two affected customer environments, but investigators warn that vulnerable remote-access systems could face further targeting after public disclosure.
Asia-Pacific telco AI alliances split into four models, but only some move carriers up the value chain
Public agreements across seven Asia-Pacific markets show telco and hyperscaler partnerships clustering into four models: physical network integration, sovereign cloud, AI compute platforms and edge automation. The structure matters because some carriers are capturing little more than infrastructure economics, while others are trying to move into higher-value AI services.
Nokia’s AI network sales jump 123%, but restructuring holds reported margin to 3.8%
Nokia reported €5.15 billion in quarterly sales and a 35% increase in comparable operating profit as AI and cloud customers accelerated network investment. Its widening gap between reported and adjusted profitability remains a key concern.
Google and Voltus target gigawatt-scale grid flexibility as data center growth reshapes US electricity markets
Google expands its Voltus virtual power plant deal to 1,070 MW. Explore how AI data center demand is reshaping US electricity investment.