U.S. jobless claims rise to 242,000, highest level in three months
The number of Americans filing for unemployment benefits rose to 242,000 for the week ending February 22, marking a three-month high, according to the U.S....
Tag : Meta
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia's stock surged over 4% on Wednesday, rebounding from last week's sell-off as concerns over China's DeepSeek AI model failed to dampen Big Tech's spending...
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations are committing millions of dollars to President-elect Donald Trump’s inaugural committee, signaling efforts to secure influence and access as his...
AI technology will enhance human creativity, say industry leaders
MENA Newswire News Desk: Artificial intelligence (AI) is expected to transform industries globally by creating new job opportunities rather than eliminating them. According to the...
UAE’s first AI accelerator launched by Meta and Dubai Future Foundation
MENA Newswire News Desk: Meta and the Dubai Future Foundation have officially launched the region’s first AI accelerator, the Llama Design Drive, which brings together...
Historic EU decision sets precedent for global AI regulation
In a landmark move, the European Union's parliament has greenlit the world's pioneering comprehensive regulatory framework to govern the burgeoning realm of artificial intelligence (AI)....
Pinterest shares dip on weak outlook, revenue miss
Pinterest shares plummeted in extended trading on Thursday following the company's disappointing revenue report and a weaker-than-expected forecast. However, the stock managed to recover some...
Meta shares surge 20% after announcing first-ever dividend
Meta, the parent company of Facebook, experienced a staggering 20% surge in its stock value during Friday's trading session. This dramatic increase came on the...
Digital ad resurgence propels Meta to a 23 percent revenue spike in Q3
In a surprising reveal, tech giant Meta has exceeded market predictions with a substantial 23% rise in its third quarter revenue, marking the steepest growth...