Amazon Secures Rights to Buy $340M in Generac Stock Amid Data Center Power Deal
Amazon has obtained warrants to purchase up to $340 million in Generac stock as part of a multi-billion dollar deal to supply backup power generators for data centers.
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Amazon has obtained warrants to purchase up to $340 million in Generac stock as part of a multi-billion dollar deal to supply backup power generators for data centers.
During a 33-hour period when Automattic founder Matt Mullenweg was placed on leave by the board, two top executives executed reciprocal exit packages worth a combined $8.15 million before Mullenweg returned and fired them.
Apple officially launched iOS 27 on Tuesday, introducing a standalone Siri AI assistant alongside new media editing, financial tooling, and cross-device hardware features.
Senate leaders are preparing for a preliminary vote on the Clarity Act after President Donald Trump agreed to include ethics restrictions in the digital asset regulatory bill.
Chinese AI model developer Z.ai has raised approximately $5 billion through a dual offering of new shares and zero-coupon convertible bonds maturing in 2027.
Intuit is leaning into aggressive new-customer acquisition across its small-business and consumer tax divisions, accepting short-term revenue tradeoffs to maximize long-term lifetime value and scale its artificial intelligence platform.
A decade-long investment in Apple with reinvested dividends yielded a more than twelvefold return, backed by $755 billion in stock buybacks and steady hardware market share.
Oracle delivered 121% growth in cloud infrastructure revenue for Q1 fiscal 2027, backed by massive AI demand. However, Morgan Stanley kept its $210 price target intact due to gross margin compression from GPU infrastructure investments.
Financial filings and market metrics for Chewy Inc. and MercadoLibre Inc. illustrate two distinct growth models in public technology markets, comparing U.S. pet care subscriptions against Latin American fintech and marketplace expansion.
Payment giants Visa, Mastercard, and Ant International have teamed up on a shared Know-Your-Agent identity framework aimed at verifying autonomous AI agents purchasing goods on behalf of consumers.
Alongside the rollout of its iPhone 18 and foldable iPhone Duo, Apple has increased the base prices of several older iPhone models by $100, citing rising memory and component expenses.
At Goldman Sachs' Communacopia conference, executives from CoreWeave, Visa, Comcast, and Charter detailed growing challenges around AI adoption and broadband disruption.
Meta has updated its Muse AI assistant with third-party app integrations, allowing users to send emails, turn recipe Reels into shopping lists, and process payments via Link by Stripe.
Meta has unveiled Muse, an autonomous AI assistant designed to automate everyday consumer tasks, following a multi-billion dollar overhaul of its artificial intelligence strategy.
Musician Jason Isbell and a coalition of artists have filed a federal class-action suit against Suno, alleging the AI music startup ingested voiceprints and distinct artistic styles without consent.
Naïve has successfully closed a Series A funding round, raising $28.5 million to advance its platform for automating business setup and management via AI agents.
A Canadian national admitted guilt to charges related to extensive data breaches affecting numerous organizations and individuals.
Google Wallet has launched a new feature allowing parents in the United States to establish and manage digital spending accounts for their children and teenagers.
Google Wallet now offers a feature enabling parents to establish secure financial accounts for their children under 18.
A $8.2 billion gain on SoftBank's Intel stake pushed fiscal first-quarter net profit to 347.3 billion yen, far beyond analyst estimates, while OpenAI contributed no investment gain or loss.
Leasing and guaranteed buybacks could shorten replacement cycles, but the economics favor customers who already upgrade frequently.
Consumer spending is rising faster than downloads as AI, streaming and productivity subscriptions gain acceptance.
Apple still set a quarterly services record, but regulatory pressure and softer gaming activity limited growth in key areas.
The San Francisco company is expanding autonomous teams that handle procurement, supplier coordination, invoices and payments for large enterprises.
The contrasting accounting results show the complexity of Microsoft's financial exposure to two competing AI laboratories.
Apple Upgrade replaces two existing U.S. payment programs and lets eligible customers return, buy or exchange a device at the end of the lease.
The financial app is opening to paid X subscribers with instant transfers, a Visa card and incentives tied to Premium membership.
CEO Enrique Lores said the payments company would consider an alternative that creates more shareholder value than its current turnaround plan.
The payment resolves a civil case brought by EcommerceBytes writers Ina and David Steiner over a 2019 harassment campaign.
The young fintech company wants autonomous software to pay vendors while businesses retain policy controls and an auditable record.
The business finance platform reached a reported valuation near $1.2 billion and launched a global product using stablecoin payment rails.
Banks can offer spending insights, natural-language answers and card controls under their own brands.
The startup wants agents to own recurring business outcomes across existing applications instead of stopping after a single generated response.
The Oakland company is building software to manage applications, participants, payments and reporting for programs serving communities.
The services update adds richer navigation, flexible location sharing, visual bill splitting and expanded media experiences.
The Mountain View healthcare technology company is expanding AI systems for revenue, clinical documentation and practice operations.
The finance software startup is expanding AI agents that handle invoicing, reconciliation, collections and other repetitive cash workflows.
The satellite manufacturer is combining a Series E round with a credit facility as it expands production for commercial and government missions.
The payments company is introducing scoped credentials and human review for software-driven spending.
The logistics technology company is broadening its platform from transportation payments into operational and financial decisions across the supply chain.
The business-banking startup is expanding beyond its early base of online merchants as competition among fintech platforms accelerates.
A single integration is designed to expose catalogs, payments and order workflows to AI shopping agents.
The startup wants employees to direct business software through natural language while agents work across data and applications.
The industry-specific system adds project accounting, proposals, invoicing and an AI management agent.
The startup is building authorization and payment tools that let AI agents purchase APIs, data and computing services under defined controls.