latest news in companies
Nobel Laureate's Laser Startup Secures $34 Million to Power National Defense and Clean Energy
Santa Barbara, Thursday, 29 October 2026.
Blue Laser Fusion secured $34 million today through a public market debut, accelerating gigawatt-scale pulsed laser commercialization for dual-use applications across sovereign defense and next-generation clean fusion power.
Prysmian Raises Outlook as Surging Global Grid Demand Accelerates Earnings
Milan, Thursday, 29 October 2026.
Prysmian raised its 2026 financial guidance after a record quarter, achieving its 2028 operational and cash targets two years early amid unprecedented global power transmission infrastructure investments.
Europe Takes a Major Step Toward Tech Independence with Homegrown AI Infrastructure
Espoo, Thursday, 29 October 2026.
Nokia and Semidynamics have partnered to build homegrown European AI computing, combining specialized chips and advanced networking to challenge foreign dominance over the continent’s data.
Alphabet Slumps as Massive Infrastructure Spending Triggers Rare Cash Deficit
New York, Thursday, 29 October 2026.
Alphabet shares plunged over 10% after third-quarter earnings revealed a striking $9.07 billion negative free cash flow, as massive artificial intelligence investments sharply compressed profitability despite strong cloud revenues.
Why Global Corporations Are Spending Billions More on Digital Security
London, Thursday, 29 October 2026.
Defying broader market pressures, Westcon-Comstor achieved record sales of $3.37 billion as surging cybersecurity and cloud investments proved corporate digital infrastructure remains an essential budget priority.
Amazon Debuts Five Connected Devices to Expand Its Smart Home Footprint
Seattle, Thursday, 29 October 2026.
Amazon introduced five Alexa devices, featuring the camera-free Echo Time clock that uses ultrasound to monitor sleep phases, countering escalating hardware competition from Apple and emerging artificial intelligence rivals.
China's Gaming Industry Challenges Global Rivals as Phantom Blade Zero Tops One Million Preorders
Beijing, Thursday, 29 October 2026.
Surpassing one million preorders ahead of launch, Beijing developer S-Game demonstrates how domestic studios are rapidly challenging established Western and Japanese publishers with high-budget, globally competitive video game releases.