Major European banks including Deutsche Bank and BNP Paribas are pushing back against the ECB’s digital euro plans, arguing it offers little consumer value. They’ve launched their own payment system called Wero to compete with US providers like Visa and Mastercard.
Uber reported $13.47 billion in revenue for Q3 2025, beating expectations with 20% growth. But a $479 million legal charge for “unpredictable” government investigations slammed profitability, sending shares down 7%. The company faces multiple legal fronts including a Justice Department disability di
Reddit and streaming site Kick have been added to Australia’s upcoming ban on social media for users under 16. The law takes effect December 10 and puts enforcement responsibility on the platforms themselves. Companies that fail to block underage users could face penalties up to AU$49.5 million.
The explosive growth of cloud computing and AI is driving data centers to locate near natural gas resources for reliable power. This strategy creates a complex web of legal and regulatory challenges across multiple jurisdictions. Developers must navigate everything from energy procurement to environ
Palantir reported $1.18 billion in Q3 revenue, beating forecasts despite shares falling 7.95%. CEO Alex Karp credits the company’s “anti-woke” stance and government partnerships for its 154% year-to-date stock surge.
AMD is pushing BFloat16 support into LLVM’s SPIR-V compiler target, expanding AI and HPC capabilities. Meanwhile, Flang-Tidy is bringing automated code cleaning to Fortran with what developers call a “sort of opinionated” approach to modernization.
AMD reported a massive 36% revenue jump and beat earnings estimates, but its margin forecast for the next quarter is just in line with what analysts expected. The stock slipped after hours, showing that even in an AI boom, investors want more than just good numbers.
Apple has dropped the first iOS 26.2 beta for developers just one day after iOS 26.1’s public release. The update includes adjustments to the Sleep Score feature based on user feedback. The final version should arrive before the end of the year.
IBM is laying off several thousand employees, with sources indicating nearly half of its US infrastructure group could be affected. The cuts come despite the company reporting $1.7 billion in Q3 2025 profits and 9% revenue growth to $16.3 billion. Current job openings heavily favor India over the US
Germany’s Reflex Aerospace has closed a record €50 million Series A funding round, the largest in European New Space history. The funding comes as European governments commit tens of billions to space defense projects through 2030, with satellites being called Europe’s “Achilles heel.”
