Lyft expands into Europe with a $200 million acquisition of Free Now, gaining access to nine countries and diverse mobility options. This strategic move boosts Lyft’s global presence and accelerates growth in the multi-modal transport market.
AMD faces an $800 million loss as new U.S. export controls restrict AI chip sales to China, impacting its MI308 GPUs and challenging its position in the global semiconductor and AI technology markets.
LG Electronics achieved a historic Q1 2025 revenue milestone with KRW 22.74 trillion, driven by record growth in home appliances, B2B sectors, and digital innovation, positioning the company for sustained global market leadership.
Global Payments’ $24B Worldpay acquisition and $13.5B Issuer Solutions sale reshape the payments landscape but spark a 17% stock plunge amid integration concerns and market uncertainty.
Amazon’s Prime Air drone delivery service is back in Texas and Arizona, showcasing improved MK30 drones after resolving sensor issues. This move strengthens Amazon’s commitment to autonomous delivery and sparks mixed community reactions.
Amazon.com, Inc. (NASDAQ: AMZN) reported robust fourth-quarter results for 2024, demonstrating significant growth across its core businesses and particularly strong performance in its cloud computing division, AWS. The e-commerce giant posted net sales of $187.8 billion for the quarter, marking …