Volvo Cars' 5% decline in European markets comes after it decides to distribute 62.7% of its Polestar stake to shareholders, aiming to refocus resources for transformation.
Industry
Netflix, Spotify And Other Digital Media Providers Face Tax Crackdown After World Trade Meeting
Netflix, Spotify, and other digital media providers face scrutiny over their tax exemption as the World Trade Organization debates the fate of the e-commerce moratorium during its Abu Dhabi meeting.
US Judge Approves Binance $4.3 Billion Guilty Plea as Prosecutors Seek Changes to Founder Changpeng Zhao's Bond
A US judge approved the $4.3 billion penalty for Binance on Friday. Binance, the world's biggest cryptocurrency exchange, is set to pay $4. 3 billion for violations of anti-money laundering and sanctions laws through lapses in internal controls in a settlement approved by a US judge on Friday.
Nvidia Hits $2 Trillion in Market Value During Intraday Trading
Nvidia surpassed $2 trillion in market cap during intraday trading on Friday. Nvidia surpassed $2 trillion in market cap during intraday trading on Friday following the release of its rosy earnings report earlier this week.
Microsoft Executive Teases Major Upgrades For The Next Xbox Console
Sarah Bond, Microsoft's Xbox President, hinted at an upcoming gaming console that promises to deliver the "largest technical leap" in Xbox history.
Latest News
Vodafone Idea Limited witnessed a significant surge in share value, with prices rising 9% to Rs 17.60 ($0.21), while announcing plans for fundraising to address high debt levels and facilitate 5G network upgrades.
Google announced on Thursday the temporary suspension of its Gemini AI image generation feature. Google announced on Thursday the temporary suspension of its Gemini artificial intelligence (AI) image generation feature following reports of "inaccuracies" in historical images.
Intuitive Machines made history after its Odysseus lander became the first commercial spacecraft to land on the moon.
Reddit is going public after submitting its IPO prospectus to the US Securities and Exchange Commission (SEC) on Thursday.
Renault CEO Luca de Meo urges European industrial nations to counter the threat of cheap foreign electric vehicles, highlighting Europe's passive stance in contrast to US subsidies and Chinese industrial strategies.
CEO Tufan Erginbilgic attributes Rolls-Royce's success to its transformation efforts, with a forecasted 6% profit growth in 2024.
Critics question Soriot's pay package justification amidst concerns over income inequality and corporate governance.
A widespread cellular service outage affects major providers like AT&T, Cricket Wireless, Verizon, and T-Mobile across the United States, and no definitive explanations have been provided yet.
Under Jonah Peretti, BuzzFeed's layoffs will be in line with their aligned efforts to keep up with changing market dynamics for a more sustainable model.
