Wise, a leading name in digital payments, reported a staggering 55% increase in profits for the first half of its 2025 fiscal year. This leap is primarily attributed to significant customer growth and an increase in market share. The company’s profits reached £217.3 million, a rise from £140.6 million during the same timeframe last year.
Enterprise
The tech titan Google finds itself at the center of another contentious debate, not just over its external business dealings, but within the very fabric of its corporate identity. Recent insights reveal a tightening of internal policies regarding political discourse among employees, particularly leading up to the pivotal U.S. elections. These developments raise significant questions
In a strategic move that highlights OpenAI’s expanding vision, Caitlin “CK” Kalinowski has been appointed to lead the company’s robotics and consumer hardware initiatives. Previously associated with Meta, first with its ambitious Orion augmented reality project, Kalinowski’s transition to OpenAI reflects the growing intersection between artificial intelligence and physical hardware. Announcing her new position on
In recent developments, Amazon has achieved a significant milestone by securing regulatory approval for its MK30 delivery drone. This smaller and quieter model represents a critical advancement in Amazon’s long-standing ambition to establish a robust drone delivery service. First introduced in November 2022, the MK30 is designed to operate in conditions that would impede earlier
In a significant demonstration of its ambition, Affirm, the American fintech company known for its buy now, pay later (BNPL) services, has officially launched operations in the United Kingdom. This marks the first time the company is venturing beyond North American borders, as it seeks to tap into a burgeoning market with a growing appetite
In a turn of events that invigorated investor sentiment, Amazon’s shares soared by 6% following the release of its latest earnings report. The swift resurgence in stock performance, which has now seen a year-to-date increase of approximately 32%, showcases the company’s resilience and capability in navigating a competitive market landscape. On the day of the
The cloud computing sector has emerged as a critical battleground among technology giants, and recent quarterly reports indicate that Google’s cloud division is gaining significant ground in this competitive arena. The narrative surrounding Google’s performance has been notably different from the longstanding critiques of the company’s heavy reliance on digital advertising. As major firms like
Amazon CEO Andy Jassy finds himself at a crucial juncture as the company embarks on a significant investment trajectory focused on generative artificial intelligence (AI). During a recent conference call that followed Amazon’s third-quarter earnings report, Jassy sought to alleviate any concerns investors might have regarding the long-term viability of these substantial financial commitments. Despite
Honor, the ambitious smartphone manufacturer that emerged as a spinoff from Huawei in 2020, is charting a promising course toward an initial public offering (IPO). Recently, the company announced a series of strategic investments from notable players such as China Telecom, CICC Capital, and venture capital firm Cornerstone, as well as the Shenzhen-based SDG. These
In an era defined by rapid advancements in technology and fierce competition, leadership transitions in major corporations can significantly impact strategic direction and operational efficiency. Alphabet, the parent company of Google, recently experienced such a transition when Anat Ashkenazi succeeded Ruth Porat as Chief Financial Officer (CFO). Her appointment marks a crucial juncture for the