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Luxury retail giant Saks files for bankruptcy

Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...

1dBusiness Insidereconomics

Oil services giant SLB to pounce on Trump’s Venezuela opening

Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro...

1dFinancial TimesPoliticsImpact

Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...

2dSouth China Morning PostTechnology

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

1dSouth China Morning PosteconomicsImpact

Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling

Tech giant moves to reverse concessions made to limit the shock of US President Donald Trump’s trade levies...

2dFinancial TimeseconomicsImpact

Google Seeks Dismissal of Publisher Lawsuit Over AI Search Summaries

The search giant says displaying AI summaries constitutes lawful innovation, in its latest defense against year-long publisher lawsuits....

1dDecryptTechnologyImpact

Ingenico taps WalletConnect to support stablecoin payments at checkout

By integrating WalletConnect Pay, Ingenico is testing whether stablecoins can function as a practical alternative to card networks in everyday commerce....

2dCoinTelegraphTechnologyImpact

The US claims it just strongarmed Taiwan into spending $250 billion on American chip manufacturing

The US just lowered Taiwan's tariffs in exchange for a massive domestic chipmaking promise, the Commerce Department announced on Thursday . Under the deal, tariffs on goods from Taiwan will decrease f...

7hThe VergePoliticsImpact

China ‘dead or alive’ app allows solo users check in daily, alerts contacts if they miss it

A Chinese phone application called “dead or alive” that helps users check in daily has become a top-ranked app, reflecting the trend of solo living among the country’s young people. The Sileme app, or...

2dSouth China Morning PostTechnology

Microsoft scrambles to quell fury around its new AI data centers

It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...

2dThe VergeTechnologyImpact

Walmart's head of AI reveals the key difference between its shopping deals with Google Gemini and ChatGPT

AI chatbots are increasingly able to buy things on users' behalf, a concept known as agentic commerce. Philip Dulian/picture alliance via Getty Images OpenAI broke new ground when it enabled shopping ...

1dBusiness InsiderTechnology

Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

8hBusiness InsidereconomicsImpact

Russian oil firm says it will keep its Venezuela assets after US military operation

Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...

1dBusiness InsiderPoliticsImpact

Brands that skimp on social media marketing do so at their own peril

Learning app Duolingo has 17 million followers on TikTok where its mascot Duo is a social-media celebrity. Isa Foltin/TikTok via Getty Images Social media is more important than ever for US retail sit...

1dBusiness Insidereconomics

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

2dBusiness InsiderTechnologyImpact

Marc Benioff says a documentary about Character.AI's effects on children was 'the worst thing I've ever seen in my life'

Marc Benioff said that Section 230 needs to be reformed and tech companies should be held responsible for online harm. Halil Sagirkaya/Anadolu via Getty Images Marc Benioff said that AI-related suicid...

21hBusiness InsiderTechnologyImpact

The Fallout TV Show Is Getting a Popcorn Bucket, Now Up for Preorder

Elaborate movie tie-in popcorn buckets are all the rage these days at movie theaters. These buckets are pricy — clearly a cash grab in the era of dwindling ticket sales — but they’re often cleverly de...

13hIGNEntertainment

Want a promotion? It might pay to use AI

Active AI users got promoted more quickly at Cisco, the company found. David Espejo/Getty Images Cisco said that employees recommended for promotion used AI more often than those who weren't recommend...

15hBusiness InsiderTechnologyImpact

Nike was the fastest-growing shoe brand on StockX last year — and it wasn't because of a sneaker

Nike released the ReactX Rejuven8 in early 2025. Sheldon Cooper/SOPA Images/LightRocket via Getty Images Nike was the fastest-growing shoe brand on StockX in 2025. It wasn't a sneaker that fueled a 5,...

17hBusiness InsiderlifestyleImpact

My husband and I built careers in tech and law. In our 40s, we sold our house, traveled for a year, and left both industries.

My husband and I sold our house and spent a year traveling. Jason Prokowiew After my husband was laid off from his tech job, we decided to sell our house and travel for a year. During our time abroad,...

1dBusiness Insiderlifestyle
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South China Morning Post3
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