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Barbie Creator Mattel's Shares at an Uptick After L Catterton Reveals Buyout Offer

Barbie Creator Mattel's Shares at an Uptick After L Catterton Reveals Buyout Offer

French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.


Google Calls off Long-Awaited Plan To Eliminate Advertising Tracking Cookies

Google launched an initiative to eliminate cookies in 2020 but delayed the deadline thrice after failing to gain full support from regulators.

McDonald’s To Extend $5 Value Meal Promo for Another Month in Push To Attract Consumers

The $5 value meal includes a McChicken or McDouble, chicken nuggets, fries, and a small drink. Fast food chain McDonald's has announced it will extend its popular $5 value meal promo for another month as part of a push to attract more consumers back to its stores.

Nvidia Plans China-Specific Version of Blackwell AI Chip Following US Export Restrictions

Nvidia is developing a modified version of its new flagship AI chip, the "B20," specifically for the Chinese market to bypass U.S. export restrictions.


Latest News

China Eyes 'Voluntary and Flexible' Retirement Age Increase to Address Aging Population
China's Communist Party is considering a gradual and flexible increase in the retirement age to address pension system pressures caused by an aging population and declining birth rates.
Tesla to Use Humanoid Robots for In-House Operations Starting Next Year
Elon Musk announced that Tesla will begin using humanoid robots within the company as extra help next year, with plans for commercial production by 2026.
Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
Here’s Some Possible Impacts Stock Market, Interest Rates Could Face After Biden Quits White House Race
GoBankingRates provided several immediate impacts that would affect Wall Street and other financial institutions following US President Joe Biden’s decision to stand down from the race to the White House.
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools.
A doctor in the operating room, preparing for surgery, working in aseptic environments to avoid infection
Competition drives innovation, efficiency, and improvement across various fields and endeavors. Look at Google and Apple, there is a need and room for both in the smartphone industry; innovation begets innovation. The same is true for infection prevention—the more competition, the better the solutions. Hylomorph, a clinical-stage medical device company, has developed one such solution that has the potential to minimize post-surgical complications greatly.
US-ECONOMY-EMPLOYMENT
More than half of workers surveyed cited low pay as the top reason why they were likely to quit their jobs this year.
Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
Microsoft Outage Affects Businesses and Users Across The Globe
The global tech outage affected about 8.5 million Windows-based computers and laptops worldwide. A global tech outage following a faulty update from Crowdstrike caused business operations around the world to stop on Friday, leading to an estimated $1 billion in damages.
Social Security Payment Worth Up to $4,873: Who's Eligible to Receive on July 10?
The new round of monthly payments will be sent out to eligible retirees born on or after the 21st of a month.