One of the biggest fears about AI was that it would kill tech jobs and shrink the software industry. The logic seemed straightforward. If AI made developers much more productive, tech companies would need fewer of them. That would mean fewer software subscriptions, known as “seats,” because each worker typically has their own account. Investors
When it was Alex Karp‘s turn to speak on Palantir’s second-quarter earnings call Monday evening, the CEO could barely contain his excitement. Grinning as he repeatedly pounded his pen on the table—and taking jabs at unnamed Silicon Valley AI competitors who “eat vegetables” and don’t support the U.S. military—a pugnacious Karp reveled in what he
There was a surprise slowdown in US economic growth in the three months to June despite an increase in consumer spending, according to official figures. The Commerce Department said the US economy grew at an annual rate of 1.5% in the second quarter, down from 2.1% seen in the first three months of the year.
China’s economic growth slowed sharply between early April and late June, as weak domestic demand and the impact of the Iran war on oil prices overshadowed the country’s strong exports. Official gross domestic product (GDP) figures showed the world’s second-largest economy grew 4.3% in the second quarter, below Beijing’s annual target, and after a 5%
BBC Commercial increased EBITDA by 17% to £267 million ($357.1 million) in the 2025/26 financial year, returning £377 million ($504.2 million) to the BBC as direct-to-consumer services and products, led by “Bluey”, drove growth despite a challenging market. Revenue was flat at £2.2 billion ($2.94 billion), with growth in some areas offsetting declines in others.
iQIYI International’s global viewership increased 130% year-on-year in the first half of 2026, the streaming platform said in a report, crediting a dual-engine strategy that combines premium Chinese dramas with fast-paced microdramas. All 10 titles on iQIYI International’s top Chinese drama list for the period were produced in-house and span historical epics, contemporary romances and