Technology Companies

Ongoing coverage of the latest news and developments from technology companies around the world

59 Articles

Technology Companies

Digital Economy Indicators 2026: ChatGPT Dominance and Expansion of Social Media Platform Revenues

A report reviewing major shifts in the global digital economy, where ChatGPT captures half of the visits to AI tools, Facebook leads the social media revenue list, alongside massive growth in the value of tech brands.

2026-10-29

Technology Companies

Egyptian "Tanmiya Capital Ventures" closes its second fund at $130 million with international support

The Egyptian firm "Tanmiya Capital Ventures" announced the final closing of its second investment fund at $130 million, exceeding its original target of $120 million, with support from international and local development institutions to boost the growth of mid-sized companies.

2026-10-29

Technology Companies

Microsoft Restructures Financial Reporting Amid Record Growth in Cloud Sector

Microsoft announced its financial results for the first quarter of 2027, revealing strong growth in the cloud and AI sectors, alongside a restructuring of its business segments and a decline in personal device and Xbox platform sales.

2026-10-28

Technology Companies

Microsoft Records Ten Consecutive Quarters of Record Revenue Driven by Cloud Growth and Artificial Intelligence

Microsoft announced record quarterly revenue of $92.3 billion, a 19% increase, marking a historic tenth consecutive quarter driven by growth in cloud and artificial intelligence services.

2026-10-28

Technology Companies

Alphabet Q3 2026 Earnings: Record Growth Driven by AI and the Launch of Advanced Gemini 4 Models

Alphabet achieved 25% revenue growth, with a massive 103% jump in cloud services, coinciding with the unveiling of the new Gemini 4 models (Argon and Carbon) and the Genie 4 world model.

2026-10-28

Technology Companies

Alphabet announces record third-quarter 2026 revenue driven by cloud computing and AI growth

Alphabet reported revenue of $127.6 billion in the third quarter of 2026, a 25% year-over-year increase, with exceptional growth in the cloud computing sector and a significant expansion in the use of Gemini models.

2026-10-28

Technology Companies

Valeo Egypt Engineers Lead Global Innovation in Automotive Software at Paris Motor Show

The Valeo Egypt team showcased the latest software and artificial intelligence technologies developed by local talent for smart mobility systems at the Paris Motor Show.

2026-10-28

Technology Companies

Reports: DoorDash is in advanced talks to acquire Instacart

Food delivery platform DoorDash is in advanced negotiations to acquire grocery delivery service Instacart in a deal that could reach up to $17 billion.

2026-10-27

Technology Companies

Palmer Luckey Refuses to Leave California Despite Controversy Over Proposed Wealth Tax

Palmer Luckey, founder of Anduril, announced his intention to stay in California and legally challenge the wealth tax proposal, considering that the tax targets corporate control rather than mere ownership.

2026-10-27

Technology Companies

T-Mobile's New T-Mix Plans Face Sharp Criticism Over Benefit System Complexity

T-Mobile's new plans, dubbed T-Mix, are facing widespread criticism from customers on Reddit due to the complexity of the selection system and restrictions imposed on phone offers and streaming services.

2026-10-27

Technology Companies

Microsoft Launches Voluntary Exit Program for 60,000 Employees Amid Speculation of Upcoming Layoffs

Microsoft has announced a voluntary exit program targeting approximately 60,000 employees across four countries, raising questions about the company's strategy for restructuring its workforce.

2026-10-26

Technology Companies

Nvidia Seeks to Transform Its Business Model: Annual Software Fees per GPU to Boost Recurring Revenue

Jensen Huang, CEO of Nvidia, revealed the company's move toward making software licensing a cornerstone of its business, proposing an annual fee of approximately $2,000 per GPU to run AI agents.

2026-10-26

Technology Companies

Meta Plans $95 Billion Share Offering to Fuel AI Ambitions Amid Bubble Concerns

Meta announced plans to raise approximately $95 billion through new stock offerings to fund its AI infrastructure and super-intelligence projects, brushing off growing market concerns about a potential tech bubble.

2026-10-26

Technology Companies

Meta Unveils Massive $95 Billion Funding Plan to Boost AI Infrastructure

Meta has announced a large-scale funding strategy aimed at injecting massive investments into artificial intelligence technologies and developing what it described as 'Personal Superintelligence,' with strategic support from chip industry giants.

2026-10-26

Technology Companies

Amazon Showcases Key AI, Hardware, and Cloud Service Innovations Ahead of Q3 2026 Earnings Announcement

Amazon showcased a wide range of technical launches, AI updates, and new hardware in preparation for its Q3 2026 financial results announcement.

2026-10-26

Technology Companies

Termination of Helen Chiang, Xbox COO, Due to Policy Violations

Press reports indicate that Helen Chiang, the Chief Operating Officer of the Xbox division and former head of Minecraft, has left Microsoft following the termination of her employment due to policy violations.

2026-10-25

Technology Companies

Comcast Plans Layoffs and Expansion into AI Agents After Broadband Subscriber Decline

Comcast announced a loss of 144,000 broadband subscribers in the third quarter of 2026 and plans to reduce its workforce to increase reliance on artificial intelligence agents in customer service.

2026-10-25

Technology Companies

Court Upholds Ruling in Favor of Apple in Servant Intellectual Property Case

A federal appeals court has upheld a previous ruling in favor of Apple and director M. Night Shyamalan in a legal dispute over the intellectual property rights of the series Servant.

2026-10-25