TL;DRGoogle announced a new transatlantic submarine cable connecting Portugal, Bermuda, and the USA in 2023. Euronews is examining the project, its objectives, and the key players involved.
IT & InternetArtificial IntelligenceCompanies & Markets
TL;DRGoogle's parent company, Alphabet, reported higher-than-expected revenue and profit growth, driven in part by strong performance in its cloud business. The company also announced plans to further increase its investments in artificial intelligence.
IT & InternetFinance & Stock MarketCompanies & Markets
TL;DRUS investors are evaluating current financial reports during earnings season, focusing on the profitability of AI investments. Some technology companies are presenting strong results.
TL;DRProgressive Democrats are achieving victories in US congressional primaries. This raises questions about their potential success in the November elections.
TL;DRNicaraguan President Ortega has announced that the country will no longer hold elections in the future. This decision effectively suspends the previously scheduled presidential elections that were set to take place next year.
TL;DRChinese food delivery worker Wang Jibing has been awarded the Lu Xun Literary Prize for his poetry. This recognition marks a notable occurrence in the history of the award.
TL;DRThe article suggests that Jens Spahn's resignation could be interpreted as a tactical advantage for both him and the AfD. This perspective challenges the common view that the resignation should be seen solely as a defeat against Friedrich Merz.
TL;DRThe European Commission is expected to announce a fine against Google on Thursday for alleged violations of the Digital Markets Act. This action may increase diplomatic tensions regarding digital services between the European Union and the incoming U.S. administration.
Companies & MarketsIndustry & ProductionIT & Internet
TL;DRThe automotive group Stellantis plans to integrate Mobileye’s swarm intelligence technology into select vehicle models. This system enables cars to collect road data and provide it for broader utilization.
TL;DRThe Federal Cartel Office has issued fines totaling nearly twelve million euros against three companies. The sanctions were imposed due to illegal price-fixing practices in the sale of tires.
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