Keywords: Technology sector
Dutch technology investor Prosus is reportedly exploring the possibility of selling a portion of its stake in the German food delivery company Delivery Hero. According to sources familiar with the matter, the company is considering offloading approximately 10% of its shares to Hong Kong-based investment......
A relentless sell-off in technology stocks showed no signs of easing Wednesday as investors dumped software company shares over growing concerns that artificial intelligence will upend their business models. Sparked by Anthropic's launch of Claude Cowork AI plugins on January 30, the rout has now......
U.S. technology giant Amazon announced on Wednesday a major workforce reduction, revealing plans to cut close to 16,000 positions as part of a broader organizational overhaul. In an official statement, the company explained that the decision aims to streamline its internal structure by reducing management......
Global investors are retreating from artificial intelligence stocks as anxiety mounts over extreme valuations, rising capital costs, and questions about whether massive infrastructure spending will yield sustainable profits. The market correction, which began earlier this month, has intensified across......
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