Business

Microsoft and Meta, the company behind Instagram and WhatsApp, are planning to make significant cuts to their respective workforces as spending on artificial intelligence (AI) finds a new high gear.

The multibillion-pound Paramount Skydance acquisition of Warner Bros Discovery has come even closer to becoming a reality after shareholders voted to accept the offer.

Donald Trump has threatened to impose "a big tariff" on the UK if it does not drop its digital services tax on US social media companies.

Tickets for this summer's football World Cup final have gone on sale for more than $2m each.

WH Smith has issued a profit warning and suspended shareholder payouts as the travel-focused retailer grapples growing travel disruption caused by the Middle East crisis.

Thousands of Samsung Electronics' workers have staged a rally to demand a greater slice of profits from the boom in artificial intelligence (AI) technology.

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Tesla defied expectations, profiting more and spending less than expected in closely watched results as the company shifts focus from electric vehicles to artificial intelligence (AI).

Inflation figures covering the first month of the US-Iran war have fired a warning shot across the bows over what may lie ahead for the UK economy.