Business

Zalando Revenue Grew as B2B Profit Doubles

Zalando Revenue Grew as B2B Profit Doubles

Zalando reported a 5.1% increase in revenue to €3.17 billion in the third quarter of 2026, while gross merchandise volume (GMV) rose 7.5% to €4.54 billion. Adjusted earnings before interest and taxes (EBIT) increased 10.6% to €106.5 million, with the corresponding margin improving from 3.2% to 3.4%. 

Samsung Mobile Unit Reports Loss in Q3

Samsung Mobile Unit Reports Loss in Q3

Samsung has recorded its previously anticipated profit increase for the third quarter of 2026, continuing to capitalize on the robust demand for AI-optimized memory products.

OpenAI Warns of Security Risks in Chinese AI

OpenAI Warns of Security Risks in Chinese AI

OpenAI Chief Financial Officer Sarah Friar has cautioned enterprises that utilizing low-cost Chinese artificial intelligence models may expose them to significant cybersecurity vulnerabilities.

EU Awards More Funds for 6G Projects

EU Awards More Funds for 6G Projects

The European Smart Networks and Services Joint Undertaking (SNS JU), the entity responsible for advancing 6G development within the European Union, has allocated €22 million across five newly selected projects.

Meta Reports Mixed Results for 3Q26

Meta Reports Mixed Results for 3Q26

Meta Platforms recorded revenue growth in the third quarter of 2026; however, strong top-line performance was tempered by significantly rising operational costs.