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Relx increases dividends after AI demand soars

Relx increased its dividends and began a £1-billion share buyback in response to the strong demand for its artificial intelligence (AI) products from scientists and lawyers, and its continuing recovery in its events business. In the…

Jeff Bezos toasts $8bn Amazon delivery

According to filings, Jeff Bezos will make more than $8 billion from the sale of a large stake in Amazon. The third richest man in the world, with a net worth of $185 billion (£146billion), is looking to sell up to 50 millions shares in…

Microsoft AI advancements boost revenues to $62bn

Microsoft's Cloud and Windows services helped it beat Wall Street forecasts of revenue for the second quarter. Analysts had estimated that revenue would be $61.12 billion, but it rose 18% to $62 billion. Microsoft's Intelligent Cloud…