World Business NewsNetflix to invest over $1.14 billion in Spain until 2029, says co-CEO
Co-CEO Netflix Ted Sarandos says that company’s investment would support the Spanish audiovisual sector
Jun 10, 2025
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World Business News
TechIBM plans practical quantum computer by 2029
IBM outlines its technical path, including a new machine named Starling, which it will construct at a new data center in New York
Jun 10, 2025
TechHuawei admits its chips are one generation behind U.S. but performance is improving
Huawei CEO says company invests 180 billion yuan in research each year and sees potential in compound chips made from multiple elements
Jun 10, 2025
AutomobileChinese state media urges crackdown on zero-mileage car sales
The paper criticizes the so-called “zero-mileage used cars” strategy, where unsold new vehicles are registered as used to offer heavy discounts
Jun 10, 2025
TechApple opens core AI model to third-party developers
Apple says it will allow developers to access the foundational AI model that powers some of its features
Jun 10, 2025
World Business NewsU.S. Trade Representative revises fees for non-U.S.-built LNG tankers, car carriers
The USTR revised fees are to support domestic shipbuilding and counter China’s maritime influence
Jun 10, 2025
World Business NewsDisney to pay additional $438.7 million to NBCUniversal for Hulu
Disney’s CEO says Hulu purchase enables full ownership, integrating with Disney+ and ESPN’s direct-to-consumer servic
Jun 10, 2025
TechOpenAI hit $10 billion revenue, up from $5.5 billion in December
An OpenAI spokesperson says that the $10 billion figure excludes licensing revenue from Microsoft and large one-time deals
Jun 10, 2025
TechAmazon plans $20 billion investment in Pennsylvania data centers
In Pennsylvania, the investment will create 1,250 high-skilled jobs and support thousands more in the data center supply chain
Jun 10, 2025
World Business NewsU.S.-China trade talks extend to second day in London
The discussions, involving the world's two largest economies, aim to ease tensions over tariffs and rare earth restrictions
Jun 10, 2025
World Business NewsArgentina central bank offers $2 billion repurchase agreement to boost reserves
The move comes as Argentina prepares for a review of its $20 billion loan agreement with the International Monetary Fund
Jun 10, 2025
World Business NewsChina shipments to U.S. drop 28.5%, hit pandemic low amid tariffs
Overall U.S. seaborne imports in May drop 7.2% from the same month last year, falling to 2.18 million
Jun 10, 2025