EU emissions trading faces test as industry warns of relocation and EU readies reform EU emissions trading is at the center of a renewed clash between climate goals and industrial …
Business
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Business
Netflix posts 13% revenue growth but warns of softer Q3 outlook
by Leo Müllerby Leo MüllerNetflix Q2 results show 13% revenue growth but cautious guidance sends shares lower Netflix Q2 results: revenue rose 13% to $12.6 billion and core profit beat expectations, but cautious guidance …
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Business
Netflix announces revenue and profit gains while shares tumble after reporting shift
by Leo Müllerby Leo MüllerNetflix posts profit and revenue gains as it limits popularity reporting to once a year, but shares slide after guidance miss Netflix posts quarterly revenue and profit growth but will …
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Business
PayPal Receives Takeover Bid From Stripe and Advent Amid Turnaround Push
by Leo Müllerby Leo MüllerPayPal takeover bid by Stripe and Advent spotlights company’s strategic crossroads Stripe and Advent have submitted a formal bid to acquire PayPal, triggering a high-stakes PayPal takeover that tests regulators …
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Business
European auto sector faces 726,000 job losses by 2040, Fraunhofer study warns
by Leo Müllerby Leo MüllerFraunhofer Study Warns of Massive European Auto Industry Job Losses by 2040 Fraunhofer warns the European auto industry could lose up to 726,000 jobs by 2040, driven by powertrain shifts, …
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Business
Germany announces crackdown on tax fraud, ends immunity for voluntary disclosures
by Leo Müllerby Leo MüllerGermany unveils action plan against tax and financial crime, ending self-report immunity Germany unveils a 26-point action plan against tax and financial crime, ending self-report immunity, boosting AI-led detection, tougher …
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Business
US Announces 25% Tariffs on Brazilian Imports, Brazil Vows WTO Challenge
by Leo Müllerby Leo MüllerUS announces 25% tariffs on Brazil, prompting immediate WTO challenge US unveils 25% tariffs on most Brazilian imports, citing unfair trade practices and Amazon deforestation. Brazil vows reciprocal measures and …
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Business
Roko’s Basilisk resurfaces online as LessWrong origin fuels AI punishment myth
by Leo Müllerby Leo MüllerRoko’s Basilisk: How a LessWrong Thought Experiment Turned Into an Enduring AI Urban Legend Report on Roko’s Basilisk, a LessWrong thought experiment turned internet legend that spurred debate over artificial …
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Business
EU orders Google to open Android to rival AI assistants July 2027
by Leo Müllerby Leo MüllerGoogle must open Android to rival AI assistants, EU says EU orders Google to open Android to rival AI assistants and share search-data with competitors starting in 2027, reshaping mobile …
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Business
Uber Acquires Delivery Hero Valued at Nearly €13 Billion, Keeps Berlin HQ
by Leo Müllerby Leo MüllerUber Buys Delivery Hero for €13 Billion in Major Global Food-Delivery Deal Uber buys Delivery Hero for €13 billion, offering €41.50 per share; the deal keeps the Berlin headquarters and …