Industry
Sony Awarded As The 'World's Most Ethical Companies' For A Sixth Consecutive Row
Ethisphere Institute has recognized Sony Group Corporation's ethical business practices for the sixth consecutive year.
Wall Street On HIgh Alert As Threat of Inflation Looms
Wall Street is alarmed by signs of persistent inflation, fearing a return to stagflation akin to the 1970s and 1980s, prompting caution in asset allocation strategies.
Senate Pushes For Social Media Accountability With 'Kids Online Safety Act' Amid AI Deepfake Concerns
Mandating tech platforms to be responsible for online threats and enacting the 'Kids Online Safety Act' will protect minors from AI-generated deepfake content.
Bitcoin Reaches $64K—Highest Record Since 2021, Thanks To Spot BTC ETF Approval
Bitcoin reaches $64,000, thanks to the spot BTC ETF approval. This is its highest record since 2021.
Latest News
After investing in OpenAI, Microsoft's partnership with Mistral AI will help improve its multilingual model comparable to ChatGPT 4, now available on Microsoft Azure.
Sony Music Group's record-breaking deal with Michael Jackson's catalog, valued at over $600 million, makes it the largest ever for a solo musician, encompassing hits from albums like Bad and tracks by other artists.
Apple is shifting its focus from its decade-long car project to investing $73 billion in Apple AI, aiming to challenge Microsoft’s AI leadership, with plans to unveil generative AI-based tools at WWDC in June.
KeokeN Interactive recently underwent a round of layoffs, affecting a small portion of its workforce.
A federal judge in Delaware has dismissed AstraZeneca's lawsuit challenging Medicare's new power to negotiate prices directly with drug manufacturers.
Yum China thrives amidst economic challenges by targeting both budget-conscious and quality-seeking consumers. Revenue soars by 19%, net profit by 81%, employing a value-driven approach.
Disney heirs pen a letter to support CEO Bob Iger amid feud with Nelson Peltz, who wants to seek board position.
Alibaba's Local Services Group (LSG) head, Yu Yongfu, will be leaving his role by March's end amid the company's restructuring, with younger leaders stepping up.
Asking staff to volunteer for layoffs is a way for IBM to reduce staff as part of its restructuring move, particularly in improving client demands.
Virgin Galactic has announced a pause in its space flights to redirect resources to developing its next-generation Delta-class spacecraft.