Alphabet’s Google announced an expanded collaboration with Reddit, addressing challenges faced by the social media platform due to its dependence on Google Search for traffic. This partnership arrives as analysts raise concerns about Reddit’s vulnerability to changes in Google’s search algorithms, which have reportedly affected the platform’s daily active user (DAU) numbers. As part of the expanded partnership, Reddit will leverage Google’s Vertex AI, a platform enabling the...

BMW is bracing for a challenging 2025 as trade tariffs and shifting global trade dynamics continue to weigh on the automaker’s financial outlook. The company has allocated €1 billion ($1.09 billion) in provisions to address the economic strain caused by tariffs from the European Union and the United States, which include duties on its China-made electric vehicles. The carmaker has revised its automotive earnings margin to 5-7% for...

iRobot, a leader in consumer robotics, has recently announced significant concerns regarding its financial future, sparking a major decline in its stock value. In its latest earnings release, the company highlighted doubts about its ability to maintain operations, prompting the board to initiate a strategic review. This review will explore refinancing options, potential asset sales, and other measures to address iRobot’s financial difficulties. The company’s shares experienced a...

Tesla has experienced an 11% decline in US vehicle registrations for January, dropping to 43,411 units compared to the same period last year. Despite maintaining a leading 42.5% share of the US electric vehicle (EV) market, this figure represents a 12-percentage-point drop from the prior year, as reported by S&P Global Mobility. Total EV registrations across the US rose 14% in January, highlighting increasing competition from automakers like...