SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

01:27 PM EDT, 07/22/2025 (MT Newswires) -- Tesla (TSLA) Chief Executive Elon Musk is working with Valor Equity Partners to raise up to $12 billion for xAI, The Wall Street Journal reported Tuesday, citing people familiar with the situation. Valor Equity is in discussions with lenders to raise the capital, according to the report. The funds would be used for...

Shares of Advanced Micro Devices Inc ( AMD ) are trading lower Tuesday afternoon, caught in a broader downturn affecting the semiconductor industry. Here’s what investors need to know. What To Know: The sector-wide pressure appears linked to reports that a massive artificial intelligence infrastructure project is facing significant headwinds, raising concerns about the near-term demand for high-performance chips. The...

Tesla Inc ( TSLA ) shares are in the spotlight Tuesday ahead of earnings this week. Here’s a look at what you need to know. What To Know: Tesla is due to report financial results for the second quarter after the market close on Wednesday. The company is expected to report earnings of 42 cents per share and revenue of...