Industry

Walmart Signs $2.3 Billion Deal With Vizio To Expand Advertising Business

This year, the advertising business is Walmart's priority as they sign a billion-dollar deal with Vizio to tap into more audiences.


United Kingdom's 'Most Advanced' Indoor Farming Heads Into Commercial Success

The United Kingdom opened one of the most advanced indoor farming in Gloucestershire, outpacing traditional farming with crop production.

Bitcoin Crosses $1 Trillion Market Value Again After Its Price Jumped 22% to $52,005

Bitcoin, the world's biggest cryptocurrency, has jumped 22% this year to $52,005, putting its market value above $1 trillion for the first time since its record peak in late 2021.

London Stock Exchange Group Plans to Increase CEO Pay

The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.


Latest News

OpenAI, Now Valued at $80 Billion, Launches New Text-to-Video Tool Sora
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
JPMorgan Chase to Pay Civil Penalties of Around $350 Million Over Trade Reporting Gaps
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
Nike to Lay off More Than 1,500 Jobs
Nike announced on Thursday a reduction in its workforce by 2% that will result in the layoff of more than 1,500 jobs.
Does the Philippines Need a Whole-of-Nation Approach in the Tourism Industry? Here's What the Tourism Secretary Says
Does the Philippines need a whole-of-nation approach in the tourism industry? The country's Tourism Secretary says yes.
Wendy's Is Sweetening Its Breakfast Lineup With a New Treat From Cinnabon
Wendy's breakfast lineup is getting sweeter as it will soon add a new item from Cinnabon after partnering with the baked goods chain.
US Justice Department to Scrutinize Disney, Fox, Warner Sports Streaming Venture: Report
The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.
Pfizer Agrees to Pay $93 Million to Settle Lipitor Cholesterol Drug Antitrust Lawsuit
Pfizer has agreed to pay $93 million to resolve antitrust claims by wholesale drug distributors accusing the pharmaceutical giant of conspiring with India's Ranbaxy Laboratories to delay the sales of cheaper versions of the cholesterol drug Lipitor.
Ford CEO Jim Farley Urges Wall Street to Forget Tesla, Says Ford's 'Pro' Business Is the Auto Industry's Future
Ford Motor CEO Jim Farley told investors on Thursday to forget about Tesla and touted the company's "Pro" fleet business as the future of the automotive industry.
Toast Joins Wave of Tech Layoffs as It Cuts 10% of Its Workforce
Toast announced on Thursday its decision to cut its workforce by 10%, resulting in the termination of 550 employees.
Uber Unveils First-Ever $7 Billion Share Buyback After Strong Recovery in Ride-Share Revenue
Uber Technologies has announced its plan to repurchase up to $7 billion worth of company shares. Uber Technologies announced on Wednesday its plan to repurchase up to $7 billion worth of company shares.
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