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October 30, 2025

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DAF truck maker accused of ‘stringing out’ hauliers’ legal case for compensation

Lawsuit by 11,000 claimants calling for £6,000 a truck compensation follows 2016 EU ruling manufacturers were guilty of long-term price-fixingThe UK’s largest truck maker has been accused of “stringing out” legal proceedings to “deny justice” to about …

May 27, 2025
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Austrian army orders 1,375 German-made logistic vehicles

German defense conglomerate Rheinmetall on Wednesday announced that Rheinmetall MAN Military Vehicles has signed a framework agreement with the Austrian procurement organization Bundesbeschaffung GmbH Wien to supply various logistics vehicles for the A…

May 10, 2023
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  • eBay reports Q3 revenue up 9% YoY to $2.82B, vs. $2.73B est., GMV up 10% to $20.1B, and forecasts Q4 profit below estimates; EBAY drops 6%+ after hours (Spencer Soper/Bloomberg) October 29, 2025
  • Alphabet reports Google Cloud Q3 revenue of $15.15B vs. $14.74B est., and raises 2025 capex forecast to $91B-$93B, after projecting $85B in July (Jennifer Elias/CNBC) October 29, 2025
  • Sources: YouTube reorganizes its leadership team, with three product teams reporting to CEO Neal Mohan, and announces a “voluntary exit program” for US staff (Alex Heath/Sources) October 29, 2025
  • Meta reports Reality Labs Q3 revenue of $470M vs. $316M est., and a $4.4B operating loss vs. $5.1B est.; Reality Labs has lost $70B+ since 2020 (Jonathan Vanian/CNBC) October 29, 2025
  • Meta recorded a one-time income tax charge of $15.93B related to Trump’s Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast (Jaspreet Singh/Reuters) October 29, 2025
  • How the town of Cortina, Italy, is preparing to co-host the 2026 Winter Olympics October 29, 2025
  • X-Bow Systems Deploys Lockheed Martin Trusted AI Backbone For Factory Operations October 29, 2025

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