Industry

British Weapons Manufacturer BAE Systems Record High Profits Amid War in Ukraine and Gaza

BAE systems saw a spike in their profits in 2023 alone, amounting to $27.3 billion as a weapons manufacturer amid war in Ukraine and Gaza.


Apple Under Fire By Meta and Microsoft for its 'Malicious' New App Store Terms

Meta, Microsoft, and other critics are rallying against Apple's new app store terms that are "malicious" for app developers.

FuboTV Sues Disney, Fox, Warner Bros., ESPN, Hulu Over Sports Streaming Joint Venture

FuboTV has filed a lawsuit against Disney, Fox, and Warner Bros. Discovery over their sports streaming joint venture.

Apple CEO Tim Cook Avoids Taiwan for Foxconn's 50th; COO Attends Instead

Apple COO Jeff Williams takes a rare trip to Taiwan to commemorate Foxconn's 50th anniversary, while CEO Tim Cook remained true to his words to steer clear away.


Latest News

Despite being the lead home improvement company, Home Depot is feeling the effect of high mortgage rates and inflation after a weak sales report and forecast.
This year, the advertising business is Walmart's priority as they sign a billion-dollar deal with Vizio to tap into more audiences.
Indoor Farming
The United Kingdom opened one of the most advanced indoor farming in Gloucestershire, outpacing traditional farming with crop production.
Bitcoin Crosses $1 Trillion Market Value Again After Its Price Jumped 22% to $52,005
Bitcoin, the world's biggest cryptocurrency, has jumped 22% this year to $52,005, putting its market value above $1 trillion for the first time since its record peak in late 2021.
London Stock Exchange Group
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.
Sony PS5
Sony's stock dropped by $10 billion due to lower PS5 sales forecasts, while its gaming profits also fell despite strong digital sales and PS Plus subscriptions.
Singapore's Aerospace Industry Is Expected to Hire Over 2,500 Workers in the Next 3 to 5 Years
The aerospace industry in Singapore is expected to hire over 2,500 workers in the next three to five years to support its ongoing growth.
OpenAI, Now Valued at $80 Billion, Launches New Text-to-Video Tool Sora
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
JPMorgan Chase to Pay Civil Penalties of Around $350 Million Over Trade Reporting Gaps
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
Nike to Lay off More Than 1,500 Jobs
Nike announced on Thursday a reduction in its workforce by 2% that will result in the layoff of more than 1,500 jobs.
  57 58 59 60 61 62 63 64 65