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IBM's Acquisition of HashiCorp for $6.4 Billion Confirmed, Aimed at Strengthening Cloud Capabilities
This acquisition is intended to enhance IBM's expertise in cloud-based solutions, especially as the demand for AI-driven technologies continues to grow rapidly.
Apple's Vision Pro Production Slashed as Demand Falls Short: Report
Apple now expects to sell 400,000 to 450,000 units in 2024, a sharp decline from earlier industry estimates of 700,000 to 800,000.
TikTok Voluntarily Suspends New App's Task and Reward Program After EU Regulators Express Concern Over Addictive Effects Among Young Users
TikTok plans to take down a feature that incentivizes app users in France and Spain to watch videos, following regulatory scrutiny from the European Commission.
FairPrice Group Launches Mega $4.5 Million Savings Event for May Day: Exclusive Discounts, Deals, and More
FPG is rolling out savings and discounts worth over $4.5 million at its supermarkets and selected Kopitiam outlets throughout May and June, exceeding last year's offers.
Austrian Modernist Gustav Klimt's 'Lost' Portrait Sells for €30M in Vienna Auction
A lost masterpiece by Austrian artist Gustav Klimt, titled "Portrait of Fräulein Lieser," recently sold for a remarkable €30 million ($32 million) at auction in Vienna.
[UPDATE] FTC Faces Lawsuit Over Its Noncompete Clauses Ban! Can the US Chamber of Commerce Stop It?
The FTC is now facing a lawsuit from the US Chamber of Commerce. Will this prevent FTC's noncompete clauses ban?
SunPower Announces Mass Layoff as it Ceases Residential Installations
SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations.
Spotify's Massive Layoffs Lead To Over $1 Billion Record Profit
After laying off thousands of employees, Spotify achieves record profits of over €1 billion ($1.1 billion), driven by podcasting, despite missing monthly user forecasts.
'We Aren't Going Anywhere' TikTok CEO Vows to Fight Against Looming US Ban
TikTok CEO Shou Zi Chew is confident that US legislators won't successfully ban TikTok in the country, following a newly approved bill that gives the app 270 days to change ownership or face ban.
China Space Tourism: Tiangong Space Station Could Soon Host Tourists!
China's space tourism could soon happen as the government considers allowing the Tiangong space station to host tourists.
President Biden Greenlights $95B National Security Package, Fast Tracks Aid to Ukraine
President Joe Biden has swiftly enacted a $95 billion national security package, with a primary focus on expediting critical aid to Ukraine in the face of Russian aggression.
Companies Now Mandated to Fix Out-of-Warranty Devices Following New EU Directive
The European Commission approves new 'right to repair' legislation, easing the repair process for out-of-warranty devices and extending warranties.
Nvidia Now Acquiring Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition.
Tesla Stock Soars After Elon Musk's Robotaxi Promises Despite Weak Quarterly Results
Elon Musk is undeterred by weak quarterly earnings and, instead, promises to invent self-driving technology, sentient robots, and Robotaxis, which will increase Tesla stock in return.
3.6 Million Medicare Beneficiaries Could Now Get Wegovy Coverage; Here's How!
Millions of overweight or obese patients with heart issues covered by Medicare could receive access to a popular weight loss medicine.
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