Intel announced that it was making thousands of jobs redundant in order to reduce costs and to be able to afford an ambitious effort to rebound from an earnings slump and recent weak market share performances.
Sectors
Senate Democrats Propose $79 Billion Expansion of Child Tax Credit Set to Benefit 16 Million Families
Senate Democrats are pushing for a vote on a $79 billion tax cut package, which includes an expanded child tax credit benefiting 16 million families, but face Republican resistance and procedural hurdles.
Roblox Raises Revenue Outlook As Games With Mature Content Attract Older Users
Roblox raised its annual bookings forecast, crediting increased user engagement and mature content for attracting older, higher-spending players.
Meta's Stock Rises After Better-Than-Expected Q2 Earnings
Shares of the big tech company Meta jumped by about 7% in extended trading on July 31 after exceeding Wall Street expectations on revenue and profit for the second quarter of 2024.
Jimmy 'MrBeast' Donaldson Apologizes for 'Inappropriate Language' in Early Career
Jimmy Donaldson, known for his YouTube screen name ‘MrBeast,’ admitted to the ‘inappropriate language’ he uttered in his early career, but stayed silent regarding the allegations regarding fraudulent corporate practices and questionable work ethics surrounding him and his team.
Latest News
The founders of iDeare Inc., Andrea Dattilo (CEO) and Jeff Esposito (COO), knew there had to be a better way for homeowners and designers to complete remodeling projects.
Record-breaking heat waves are expected to increase U.S. produce prices as extreme temperatures reduce crop yields. Farmers face higher growing costs and potential long-term impacts on key crops like corn and strawberries.
McDonald’s reported that its global sales dipped by 1% for the second quarter, the first time it has done so in over three years.
US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin are in Manila this week to announce a $500 million defense funding to help the Philippines in its deterrence against China.
Delta Airlines has hired David Boies, prominent attorney and chair of law firm Boies Schiller Flexner, in order to seek damages from CrowdStrike and Microsoft after an outage this month that caused millions of computers to crash, including those in airports.
Daniel Tobok, founder and CEO of CYPFER and a veteran in cybersecurity with nearly three decades of experience, emphasizes the importance of proactive cybersecurity measures.
Movie theater giants, AMC, Cinemark, and Imax saw massive financial gains after 'Deadpool & Wolverine' opened to a record-breaking $205 million at the domestic box office, making it the highest-grossing R-rated movie debut.
Apple’s new AI features, dubbed ‘Apple Intelligence,’ will be delayed until October and won’t debut with the initial iOS 18 and iPadOS 18 releases, allowing extra time for stability improvements.
High prices and local warnings have led to a decline in tourism to Paris during the Summer Olympics, impacting airlines and the hospitality industry.
