Month: July 2025
Roblox launches new age verification system to unlock unfiltered chats
Rafael Henrique | Lightrocket | Getty Images Roblox announced the start of age-verification technology Thursday for users who want to chat more freely on the social-gaming platform as part of its new “trusted connections” feature. Roblox Chief Safety Officer Matt Kaufman said that the company felt it was the right time to implement age-estimation software […]
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PepsiCo earnings beat estimates even as U.S. demand falls
Cases of Pepsi soda are displayed at a Costco Wholesale store on April 25, 2025 in San Diego, California. Kevin Carter | Getty Images PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations, despite weaker demand for its food and drinks in North America. Shares of the company rose roughly 2% in premarket trading. […]
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Sweden’s Volvo Cars pops 10% on quarterly profit beat
Volvo vehicles seen outside a Volvo dealership in Edmonton, AB, Canada, on February 02, 2025. Nurphoto | Nurphoto | Getty Images Shares of Sweden-based automaker Volvo Cars rose more than 10% on Thursday as the company’s second-quarter operating profit beat analyst expectations despite a sharp year-on-year decline. Volvo Cars, which is owned by China’s Geely […]
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CNBC’s Inside India newsletter: Musk’s India relationship moves beyond talk — but will it blossom?
Hello, this is Spriha Srivastava, CNBC International’s executive editor, writing from London. This week, I look into Elon Musk’s relationship with India, why it’s finally moving from talk to action, and what’s really at stake. This report is from this week’s CNBC’s “Inside India” newsletter. Like what you see? You can subscribe here. The big story […]
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China’s premier urges tighter price oversight as deflation pressures squeeze economy
TOPSHOT – China’s Premier Li Qiang delivers his speech during the ASEAN – Gulf Cooperation Council (GCC) – China Economic Forum official dinner after the 46th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur on May 27, 2025. Vincent Thian | Afp | Getty Images Chinese Premier Li Qiang has called for tighter […]
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Swiss pharma Novartis announces $10 billion share buyback
Private equity firm EQT triples deal exits to 13 billion euros in 2025 Europe’s largest private equity EQT said it had divested 13 billion euros’ ($15.05 billion) worth of investments in the first half of the year — three times as much as in the same period of last year. The Sweden listed fund said […]
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TSMC’s second-quarter profit soars nearly 61%, beating estimates as AI chip demand stays strong
A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, beating […]
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AI-generated music is going viral. Should the music industry be worried?
The growing prevalence of AI music has caused a stir across the music industry, according to Keith Mullin, head of management and music industry course leader at the Liverpool Institute for Performing Arts. Da-kuk | E+ | Getty Images With more than 1 million monthly listeners on Spotify, psychedelic rock band The Velvet Sundown is […]
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Meta and Google are laying a web of globe-spanning subsea cables. We found out what’s involved
U.S. hyperscalers Meta and Alphabet ‘s Google are rolling out a fast-growing web of transcontinental subsea cables, looking to keep pace with ever-increasing bandwidth demand and artificial intelligence workloads. Submarine cables are the backbone of the world’s internet and telecommunications infrastructure, enabling everything from international phone calls to financial transactions. While satellites play a complementary […]
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Construction begins on Las Vegas Sands’ $8 billion ‘ultra luxurious’ resort in Singapore
Construction has started on an $8 billion “ultra luxurious” integrated resort in Singapore that will expand the city-state’s Marina Bay Sands integrated resort and Las Vegas Sands’ presence in Asia. Singapore’s Prime Minister Lawrence Wong and Las Vegas Sands co-founder Miriam Adelson attended a ground-breaking ceremony Tuesday, where it was revealed that the development will […]
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