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amazon-overtakes-walmart-in-annual-sales

Amazon Overtakes Walmart in Annual Sales

A Historic Revenue Shift Amazon has officially surpassed Walmart in annual revenue, marking the first time the retail giant has lost its position as the world’s largest company by sales. For the fiscal year ending in January, Walmart reported revenue of $713.2
February 19, 2026
alibaba-launches-qwen3.5-ai-model

Alibaba launches Qwen3.5 AI model

Focus on performance and lower costs Alibaba on Monday introduced Qwen3.5, a new artificial intelligence model the company says can independently handle complex tasks while significantly reducing operational costs. The Chinese technology group claims the latest version delivers major efficiency gains, describing
February 16, 2026
inflation-eases-in-january,-rate-cuts-eyed

Inflation Eases in January, Rate Cuts Eyed

U.S. inflation cooled more than expected in January, offering cautious optimism that price pressures may be gradually easing. The latest Consumer Price Index data showed slower annual growth in both headline and core measures, reinforcing hopes that inflation is moving closer to
February 14, 2026
kraft-heinz-pauses-breakup-to-refocus-growth

Kraft Heinz Pauses Breakup to Refocus Growth

Kraft Heinz announced it is pausing its previously unveiled plan to split the company, signaling a strategic shift under new CEO Steve Cahillane. Instead of moving forward with a separation, the food giant will concentrate on stabilizing and revitalizing its core operations,
February 11, 2026
eu-says-tiktok-breached-digital-safety-rules

EU says TikTok breached digital safety rules

Preliminary ruling targets addictive design The European Commission has issued a preliminary ruling stating that TikTok has breached the European Union’s Digital Services Act by failing to properly address risks linked to the platform’s addictive design. The decision signals that the video
February 6, 2026
spacex-acquires-xai-in-landmark-merger

SpaceX Acquires xAI in Landmark Merger

SpaceX has acquired xAI, merging two of Elon Musk’s most ambitious ventures into what is now the most valuable private company in the world. The deal underscores both the capital intensity of artificial intelligence development and the growing strategic link between AI
February 3, 2026
ups-to-cut-up-to-30,000-jobs-as-amazon-deliveries-shrink

UPS to cut up to 30,000 jobs as Amazon deliveries shrink

Job cuts tied to reduced Amazon volumes Parcel delivery giant UPS announced it will cut up to 30,000 jobs this year as it continues to scale back shipments for its largest customer, Amazon. The company said Amazon deliveries have become “extraordinarily dilutive”
January 28, 2026
europe-may-decide-the-fate-of-warner-bros.-discovery

Europe may decide the fate of Warner Bros. Discovery

Netflix deal faces scrutiny beyond the United States The future of Warner Bros. Discovery could hinge on the view of European regulators toward Netflix, adding an unexpected international dimension to a deal centered on American media assets. Warner Bros. Discovery has agreed
January 26, 2026
sphere-entertainment-eyes-new-venue-at-national-harbor

Sphere Entertainment Eyes New Venue at National Harbor

Sphere Entertainment Co., in partnership with the State of Maryland, Prince George’s County, and Peterson Companies, has announced plans to develop a new Sphere venue at National Harbor. The project would become the second Sphere in the United States and the first
January 19, 2026
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