Key Takeaways: JD.com reported a profit of 7.1 billion yuan for the first quarter, up nearly 13% year-on-year Many investment banks upwardly revised their...
Apple Inc. co-founder Steve Jobs is credited with launching several revolutionary products including the iPhone and iPod, among others. Perhaps his biggest win, however, is saving...
Billionaire entrepreneur Elon Musk says that artificial intelligence will eventually eliminate the need for human labor. What Happened: During a remote appearance at a conference in Paris on Thursday,...
Alphabet Inc. GOOG GOOGL and Meta Platforms Inc. META have discussed licensing content with major Hollywood studios for their AI video generation software. These companies are developing technology to create realistic...
Alibaba Group Holding Ltd’s BABA Taobao and Tmall Group are collaborating with ByteDance-owned Douyin to draw users from the Chinese short video platform, aiming to boost their presence in the mainland’s annual midyear...
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...
Converse footwear brand is reportedly cutting jobs as parent company Nike Inc. NKE continues its cost-saving measures by reducing its workforce. Nike is implementing a $2 billion plan to...
A core developer working for Solana-based SOL/USD decentralized exchange, Cypher, admitted to misappropriating funds worth more than $300 million meant to compensate victims of a sensational...
On Tuesday, Cathie Wood’s Ark Invest made some significant trades, notably buying shares of Shopify Inc SHOP and selling off Block Inc SQ stocks. The Shopify...
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...
On the cusp of Alphabet Inc‘s GOOG GOOGL annual developer event, Google I/O, BofA analyst Justin Post maintained a Buy rating on Alphabet with a price target of $200....
Skechers Inc. SKX and Super League Enterprise Inc SLE are launching a virtual store in Roblox Corp’s RBLX Livetopia’s Topia Mall. The aim is to engage...