News - page 135

Finance & Economics

BNP Paribas Cuts Investment Banking Bonuses

BNP Paribas has cut bonuses in its investment banking unit.

Science & Technology

Lyft, Uber to Stop Operations in Minneapolis

Uber Technologies and Lyft have announced their intention to cease operations in Minneapolis.

Science & Technology

Apple to Pay $490 Million to Settle Class-Action Lawsuit

Apple agreed to pay $490 million to settle a class-action lawsuit that claimed that the company’s chief executive, Tim Cook, was involved in deceiving shareholders by hiding information that iPhone sales had significantly decreased in the Chinese smartphone market.

Science & Technology

Cyber Startup Wiz Reportedly to Acquire Gem Security

According to preliminary information, cloud cybersecurity startup Wiz Inc will acquire Gem Security.

Science & Technology

US Urges for Global AI Regulations at UN

The United States has introduced a resolution to the United Nations (UN) that promotes safe, secure, and trustworthy artificial intelligence systems.

Science & Technology

Adobe Faces Its Biggest Downturn in More Than 20 Years

On Friday, March 15, a decrease in the price of Adobe shares was recorded after the company released its sales outlook for the current quarter, which turned out to be disappointing compared to preliminary expectations regarding what commercial goals the firm sets for itself.

Finance & Economics

Navigating the Future of Social Security: A 2025 Perspective

As we advance toward 2025, the discourse surrounding Social Security’s sustainability and its implications for taxpayers is gaining momentum. The complexities of taxation on Social Security benefits underline the urgent need for financial literacy among recipients.

Society & Lifestyle

A Unanimous Stand: The Dollar General Walkout in Wisconsin

In a remarkable display of unity and frustration, the entire staff of a Dollar General store in Mineral Point, Wisconsin, decided to quit their jobs simultaneously, leading to the temporary closure of the establishment.

Science & Technology

Apple Reportedly Acquires AI Startup

The media reports that Apple Inc. has acquired the Canadian artificial intelligence startup DarwinAI, strengthening its own capabilities before the start of the landmark process of large-scale implementation of advanced technology in the current year.

Fintech & Ecommerce

Robinhood Jumps After Growth in Assets

The cost of Robinhood shares on Thursday, March 14, showed growth of nearly 9% after the company reported a significant increase in assets under custody over the past month.

Fintech & Ecommerce

Oracle Presents AI Capabilities for Finance and Supply Chain

Oracle has added new generative artificial intelligence capabilities to its Fusion Cloud Applications Suite.

Science & Technology

Nvidia Faces High Investor Expectations at AI Conference

Next week Nvidia Corp. will hold an annual conference on artificial intelligence, but already now this developer of advanced chips is facing high expectations regarding the news at the planned event.

Articles

Boeing’s Troubled Skies: A Tumultuous Journey Through Stock Plummets and Legal Storms

The aerospace giant Boeing has found itself in a turbulent phase, with its stock price plummeting to a record gap compared to its long-time rival Airbus.

Articles

Inflation’s Tenacious Grip: Analyzing the Latest U.S. Economic Data

As the U.S. grapples with an enduring economic challenge, new data from the Bureau of Labor Statistics (BLS) released on Tuesday casts light on the persistent inflationary pressures facing the nation.

Fintech & Ecommerce

Alibaba Reportedly Plans to Invest $1.1 Billion in South Korea

The media reports that Alibaba Group intends to invest $1.1 billion in South Korea.

Science & Technology

US House Passes Bill to Force ByteDance to Divest TikTok

The United States House of Representatives on Wednesday, March 13, passed a bill according to which the Chinese company ByteDance, which owns TikTok, must divest the US assets of this short-video app within six months or face a ban.