Industry

McDonald's Admits Losing Customers as Lower-Income Americans Opt to Cook at Home Instead

McDonald's admits losing customers because lower-income Americans prefer to cook at home instead of dining out.


2 Sundance Film Festival Theaters in Utah Are at Risk of Closure After Their Owner Declared Bankruptcy

The future of two prominent venues of the Sundance Film Festival in Utah hangs in the balance as their owner, Metropolitan Theaters Corporation, filed for Chapter 11 bankruptcy.

Microsoft to Roll Out New AI-Powered Cybersecurity Tool 'Copilot for Security' Next Month

Microsoft has announced the upcoming launch of its latest AI-powered cybersecurity tool, dubbed "Copilot for Security."

SMIC Veteran Joins China's Leading Memory Chip Maker CXMT to Boost Research and Development Efforts: Report

A former executive of Semiconductor Manufacturing International Corporation (SMIC), the largest chip foundry in China, has reportedly joined ChangXin Memory Technologies (CXMT), the country's leading memory chip maker, to lead research and development.


Latest News

Many tech employees are still getting terminated. Is the technology industry still stable and secure?
Apple will soon open a new retail store at Square One Shopping Centre in Ontario, Canada. Apple will soon open a new retail store at Square One Shopping Centre in Ontario, Canada.
Tesla is eyeing to expand in Southeast Asia to tap into the region's fast-growing electric vehicle (EV) market, where the US automaker faces competition from China's BYD.
General Motors appoints an ex-Tesla and Google executive to be the new head of manufacturing. General Motors (GM) announced Tuesday that Gerald Johnson, the long-time executive vice president of the company's Global Manufacturing and Sustainability, will retire after a 44-year tenure.
After more than two decades, Jim Weber, the longtime CEO of Berkshire Hathaway's Brooks Running Company, is stepping down.
Microsoft collaborates with Stanford Medicine to introduce Nuance Dragon Ambient eXperience Copilot (DAX Copilot), an AI tool that simplifies paperwork for doctors and improves patient care, addressing burnout concerns in healthcare.
Retail giants face a growing threat from sophisticated organized crime rings, exemplified by a San Diego businesswoman's lucrative scheme involving stolen cosmetics sold on Amazon, prompting heightened security measures.
Russia's Sokol crude faces a backlog, with tankers stranded off Singapore and South Korea due to US sanctions. China emerges as a key importer, aiding clearance.
The 12% increase in employee bonuses followed a year of exceptional financial performance, during which time approximately €128 million ($140 million USD) was allocated for bonuses.
Southwest Airlines adjusts its 2024 operational and financial plans with revised revenue growth forecasts, while United Airlines also halts pilot hiring amidst industry-wide concerns over Boeing's quality control crisis.
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