category: Global Archives - Crunchbase News Today

Microsoft’s AI Business Set To Hit B Revenue Milestone In Q2: Satya Nadella Says It Is The ‘Fastest Business In Our History’ – Microsoft (NASDAQ:MSFT)

Microsoft’s AI Business Set To Hit $10B Revenue Milestone In Q2: Satya Nadella Says It Is The ‘Fastest Business In Our History’ – Microsoft (NASDAQ:MSFT)

Microsoft Corp MSFT announced during its first-quarter earnings call that its artificial intelligence business is on track to surpass $10 billion in annual revenue run rate...

TikTok Cuts Hundreds Of Jobs As Company Shifts Toward AI-Based Content Moderation: Report

Jobs3 months ago

TikTok Cuts Hundreds Of Jobs As Company Shifts Toward AI-Based Content Moderation: Report

TikTok, owned by ByteDance, is reportedly laying off hundreds of employees, with significant reductions in Malaysia. This move aligns with the company’s strategy to enhance AI-based...

Apple’s iPhone Production Move To India Signals Broader Tech Exodus From China, With Microsoft And Amazon Following Suit, Says Analyst – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Tech4 months ago

Apple’s iPhone Production Move To India Signals Broader Tech Exodus From China, With Microsoft And Amazon Following Suit, Says Analyst – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Apple Inc. AAPL has commenced the production of its newly launched iPhone 16 series in India, reflecting a broader trend among tech giants like Apple Inc....

King Of Luxury Bernard Arnault Goes AI Shopping, Channelling Over 0M In AI Startups As LVMH Navigates Market Challenges – Lvmh Moet Hennessy Louis (OTC:LVMHF)

Shopping4 months ago

King Of Luxury Bernard Arnault Goes AI Shopping, Channelling Over $300M In AI Startups As LVMH Navigates Market Challenges – Lvmh Moet Hennessy Louis (OTC:LVMHF)

French billionaire Bernard Arnault has been making a series of investments in artificial intelligence startups through his family office, Aglaé Ventures. What Happened: Arnault, the CEO...

Oil Prices Near 3-Month High At As Record US Travel Demand, Hurricane Season Impact Supply – United States Oil Fund (ARCA:USO), Hertz Global Holdings (NASDAQ:HTZ)

Travel6 months ago

Oil Prices Near 3-Month High At $84 As Record US Travel Demand, Hurricane Season Impact Supply – United States Oil Fund (ARCA:USO), Hertz Global Holdings (NASDAQ:HTZ)

Oil prices are experiencing their fourth consecutive week of gains, driven by seasonal demand and record-breaking U.S. travel for the Fourth of July holiday. Additionally, crude...

TikTok And Social Media Influencers Drive Gen Z’s Shopping Habits In Asia-Pacific: Report

Shopping6 months ago

TikTok And Social Media Influencers Drive Gen Z’s Shopping Habits In Asia-Pacific: Report

The shopping habits of Generation Z in the Asia-Pacific region are being significantly influenced by TikTok and social media influencers, a KPMG report has revealed. What...

Zurich Insurance Announces 0M Acquisition Of AIG’s Global Personal Travel Insurance Business To Bolster US Presence – Zurich Insurance Group (OTC:ZURVY), American Intl Gr (NYSE:AIG)

Travel6 months ago

Zurich Insurance Announces $600M Acquisition Of AIG’s Global Personal Travel Insurance Business To Bolster US Presence – Zurich Insurance Group (OTC:ZURVY), American Intl Gr (NYSE:AIG)

In a strategic move to bolster its travel insurance arm, Zurich Insurance ZURVY announced a $600 million deal to acquire the global personal travel insurance and...

Stocks Pause As Traders Await Jobs Data, Nvidia Falls On Antitrust Investigation, Crude Rises To : What’s Driving Markets Thursday? – Ciena (NYSE:CIEN)

Jobs7 months ago

Stocks Pause As Traders Await Jobs Data, Nvidia Falls On Antitrust Investigation, Crude Rises To $75: What’s Driving Markets Thursday? – Ciena (NYSE:CIEN)

Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May...

Airbnb, Norwegian Cruise See Analyst Upgrades: Are Travel And Leisure Stocks The New Value Heaven? – Alaska Air Gr (NYSE:ALK), Airbnb (NASDAQ:ABNB)

Travel7 months ago

Airbnb, Norwegian Cruise See Analyst Upgrades: Are Travel And Leisure Stocks The New Value Heaven? – Alaska Air Gr (NYSE:ALK), Airbnb (NASDAQ:ABNB)

Shares in the travel and leisure industry are increasingly catching the eye of value investors, presenting discounted valuations alongside promising growth prospects for the upcoming tourist...

Steve Jobs’ Ex-Intern Shares Investment Tip With New Graduates: ‘It Will Be The Best ,000 You’ve Ever Spent’

Jobs7 months ago

Steve Jobs’ Ex-Intern Shares Investment Tip With New Graduates: ‘It Will Be The Best $50,000 You’ve Ever Spent’

Chet Kapoor, the CEO of DataStax and former intern at Steve Jobs‘ NeXT, shared some valuable advice for new graduates. What Happened: Kapoor, who began his...

Walmart To Cut Hundreds Of Corporate Jobs, Relocate Workers To Central Hubs – Alphabet (NASDAQ:GOOGL), Rivian Automotive (NASDAQ:RIVN)

Jobs8 months ago

Walmart To Cut Hundreds Of Corporate Jobs, Relocate Workers To Central Hubs – Alphabet (NASDAQ:GOOGL), Rivian Automotive (NASDAQ:RIVN)

Walmart Inc. WMT is set to lay off hundreds of corporate employees and relocate others to its main corporate hubs. What Happened: Walmart, the largest employer...

Adidas Puts Yeezy History Behind, Rides Fashion High With Samba And Gazelle Shoes – adidas (OTC:ADDYY), Nike (NYSE:NKE)

Fashion8 months ago

Adidas Puts Yeezy History Behind, Rides Fashion High With Samba And Gazelle Shoes – adidas (OTC:ADDYY), Nike (NYSE:NKE)

Adidas AG ADDYY has seen a surge in sales thanks to its Samba and Gazelle shoes, despite a decline in North American sales. What Happened: Adidas’...