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AI Investment Bubble Concerns Grow as Big Tech Spending Soars While Revenue Lags Behind Expectations

AI boom faces scrutiny as spending soars, revenue lags, and financial risks grow across Big Tech, startups, and global markets AI economy pressure now.


Apple, Samsung End Q1 2026 in Europe With Equal 30% Smartphone Market Share

Apple and Samsung are tied in Europe smartphone market in 2026 as shifting demand, launches, and pricing reshape global competition in Q1 2026.

German Food Service Delivery Hero Receives $39.29-Per-Share Takeover Offer From Uber

Uber has proposed a $39.29-per-share takeover of German food delivery group Delivery Hero, valuing it near €10 billion and expanding Uber's global delivery footprint.

Shein Buys California-Based Everlane, Says It Would Remain an 'Independent Brand'

Shein acquires California-based Everlane in a deal that keeps Everlane as an independent, sustainability-focused brand while giving Shein a stronger U.S. and premium retail foothold.


Latest News

Jeff Bezos
Jeff Bezos denies personal involvement in Amazon's $40M "Melania" documentary but defends the controversial Brett Ratner-directed film as a commercially sound, high-interest business decision.
Meta
Meta notified thousands of employees on May 20 that they were laid off to improve efficiency, representing 10% of the workforce, with no additional company-wide cuts expected in 2026.
'Pokémon' Professor Application Rejection
A rejected "Pokémon" Professor applicant sues over certification denial, alleging unfair background check policies and lost business opportunities.
Xbox
Xbox appoints Matthew Ball as Chief Strategy Officer as Microsoft pushes new gaming plans and hardware ambitions.
Red Lobster
Red Lobster will close its oldest Tallahassee restaurant after 56 years, part of broader post-bankruptcy cost-cutting efforts aimed at restoring the seafood chain's financial stability.
Elon Musk
Elon Musk criticizes a jury's dismissal of his lawsuit against OpenAI as a mere timing technicality, saying the court never ruled on the case's core claims.
EquitiesFirst Sees Singapore's Family Offices as a Bridge Between Booming
Many are still carrying debt from the COVID-19 pandemic. Bank lending remains constrained. The gap has raised a question that has been gaining traction among Singapore's policymakers and investors: whether the enormous pool of private wealth now concentrated in the city-state could be beneficially directed, even partially, toward funding Singapore's startups and SMEs.
Bacula Doubles Down on Security-First Backup as Ransomware Reshapes Enterprise
Swiss-based enterprise backup and recovery software vendor Bacula Systems spent over two decades building a platform that now looks remarkably well-suited for the threat environment organizations find themselves in today.
ps5 screen
PS5 buyers file lawsuit against Sony over console price hikes tied to tariffs, seeking refunds after alleged overcharges.
App Store logo
Apple must cooperate with India's antitrust probe over App Store practices as the Delhi High Court refuses to pause the case.
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