Tag: big tech
EU to Expand Commission’s Authority to Penalize Big Tech for User Manipulation
The European Commission is set to gain enhanced powers to fine major tech companies for failing to protect consumers, especially minors, from online abuse.
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Big Tech Debt Doubles Amid AI Infrastructure Investments, Raising Investor Concerns
Big tech firms have doubled their debt over five years to fund AI data centers, prompting growing unease among investors.
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Big Tech Sees Hundreds of Billions Lost Amid AI Market Correction Since 2023
Since early 2023, AI-driven enthusiasm has cooled, causing major Big Tech firms to lose hundreds of billions in market value, though some remain resilient.
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US Big Tech Stocks Rebound After Three-Day Decline Amid Cloud Spending Announcements
Shares of major US big tech firms rose again following a three-day drop linked to hefty cloud capital expenditure plans.
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Big Tech Market Value Drops $1 Trillion Amid Rising Capital Expenditures Concerns
Big Tech firms saw a collective $1 trillion loss in market capitalization as investors grow wary of soaring capital expenditures.
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Top US Cloud Giants Plan Massive $650 Billion Investment in Data Centers This Year
Amazon, Microsoft, Google, and Meta are set to invest about $650 billion in data centers throughout 2026, fueling AI and cloud infrastructure growth.
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