Lord of the Fallen developer CI Games reports a record-breaking 400% surge in company profits, just after implementing a 10% job cut that it received criticism for earlier in the year.
Sectors
Stability AI Cuts 10% of Its Workforce Following the Controversial Exit of Its CEO
Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque. Artificial intelligence startup Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque.
Netflix Exceeds Projections with 9.33 Million New Subscribers in Q1, Hitting Nearly 270 Million Total
The increase in subscribers has boosted Netflix's total count to 269.6 million, surpassing Wall Street's expected figure of 264.2 million by a significant margin.
Hyundai Pauses Ads on X Platform Due to Antisemitic Posts
X has taken action by suspending the account responsible for the antisemitic posts, citing violations of its policy against abusive profiles.
IMF Urges $42 Billion Support for Ukraine; G7 Proposes Funding from Seized Russian Assets
IMF urges $42 billion aid for Ukraine amid Russia-Ukraine conflict, calling it a barrier to growth; G7 proposes using seized Russian assets.
Latest News
Snap's stock increased by almost 5% because of the revised TikTok ban bill. Snap's stock soars as U. S. lawmakers push the revised TikTok ban bill.
Marina Bay Sands (MBS) reported a surge in profits by 51.5% to $811.4 million in the first quarter of 2024, which coincided with the increase in casino revenue to $859 million from $593 million the previous year.
After a 63% decrease in DJT's share value, Trump Media has advised shareholders on protecting their stocks from short selling, with detailed instructions now available on their FAQ page.
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits.
Disneyland cast members who work in the shows, parades, and visitor meet-and-greets at the amusement park are getting closer to becoming a union.
The owner of the enormous container ship Dali, which caused Baltimore's Francis Scott Key Bridge to collapse last month, has started the process of making the owners of the cargo on board to pay some of the salvage costs.
Can Melania Trump be forced to testify in the hush money criminal trial against her husband, former President Donald Trump? Here's what legal experts say.
Cisco introduces a cutting-edge security system that harnesses the power of AI, following its acquisition of Splunk in a massive $28 billion agreement.
Former President Donald Trump is reportedly considering implementing a new tax cut targeting the American middle class if he returns to the White House.
