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, 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 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....
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 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...
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...
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...
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...
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...
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 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 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’...