Dell Technologies witnessed a surge of over 15% in its shares following the release of its fourth-quarter results.
Industry
Yum China's Low-Price Strategy Thrives Amid Economic Pressures in China
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.
Walt Disney's Heirs Open Letters Defend CEO Bob Iger Amid Shareholder Dispute
Disney heirs pen a letter to support CEO Bob Iger amid feud with Nelson Peltz, who wants to seek board position.
Alibaba Executive Will Step Down To Promote Younger Managers Amid Restructuring Efforts
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.
IBM Seeks Volunteers for Layoffs, Targeting 80% Reduction in Worldwide Staff
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.
Latest News
Apple permitted occasional discounts to their iPhone 15 models in China to stimulate demand as competition with other brands intensified.
The $1.4 billion potential sales loss for the World's biggest brewery was compounded by a nearly 7% drop in sales in Hong Kong and further declines in China for its Asia business.
The $15.2 billion investment in semiconductor plants, including Tata Group's $11 billion chip facility, will be part of India's tech advancement push and reduce import dependency.
According to US regulators, they will be investigating internal communications to see if OpenAI's CEO, Sam Altman, potentially deceived investors.
Backed by a $1.4 billion investment from Asia's richest man, Mukesh Ambani, Disney will likely end at the top of highest streaming profitability by 2024.
The cloud seeding program will deploy 30 aircraft across its 77 provinces as part of its annual royal rainmaking initiative to combat severe drought and escalating air pollution.
Despite her departure from the board, Winfrey vows to continue advocating for health equity and plans to donate her financial interest to the National Museum of African American History and Culture.
Oreo has unveiled two new flavors inspired by classic mud pie dessert and tiramisu. Oreo has unveiled two new flavors that will undoubtedly make its fans curious.
Apple CEO Tim Cook has unveiled the company's significant investments in generative AI during the firm's annual shareholder meeting.
