Top executives from Microsoft, including CEO Phil Spencer and CFO Tim Stuart, arrived in court on June 29, 2023, as part of the ongoing legal proceedings concerning the company’s proposed acquisition of Activision Blizzard. The court hearings brought to light an email exchange from a 2018 meeting, in which Microsoft’s finance chief, Amy Hood, advised …
Nikola TRE FCEV2 Courtesy: Nikola Electric truck manufacturer Nikola is still working towards obtaining shareholder approval to issue new stock and has once again postponed its annual meeting in order to garner more support, as announced on Thursday. Nikola had postponed its annual meeting from June 6, hoping to gather additional backing for the proposal. …
A man walks past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Images Samsung Electronics is anticipating a massive 96% drop in profits for the second quarter of 2023 due to sluggish demand for memory chips. The company, …
Zoom is strategically investing more in the Asia-Pacific region to foster growth and reinforce its position in the market. In an interview with “Squawk Box Asia,” Abe Smith, Zoom’s head of international, emphasized the company’s commitment to accelerating its expansion in Asia. This includes establishing a full data center in Singapore and setting up research …
JAKARTA, INDONESIA – JANUARY 2: Citizens are seen crossing the street during rush hour in Jakarta, Indonesia on January 2, 2023. Firdaus Wajidi | Anadolu Agency | Getty Images Southeast Asia’s IPO market is displaying promising signs despite a worldwide slowdown in IPO activity during the first half of 2023, as per a new report …
Taylor Swift, the renowned musician and performer, took to the stage on March 17, 2023. Meanwhile, Sam Bankman-Fried, former Chief Executive of FTX, exited the Manhattan federal court in New York City on February 16, 2023. Getty Images | Reuters After months of negotiations, Taylor Swift agreed to a sponsorship deal with the bankrupt crypto …
Elon Musk, the Chief Executive Officer of SpaceX, Tesla, and owner of Twitter, attended the Viva Technology conference in Paris, France on June 16, 2023. The conference focused on innovation and startups. Image Source: Chesnot | Getty Images Tesla is facing potential fines if it fails to provide the National Highway Traffic and Safety Administration …
The Amazon fulfillment center in Eastvale, California, has recently been caught up in a scandal involving the sale of stolen goods. Sellers on the platform have been permanently suspended for unknowingly selling stolen products from major brands such as Breville, Keurig, Levoit, and SharkNinja. These suspended sellers, who have built their businesses on Amazon over …
South Korea’s strong presence in the memory chip market and its flourishing artificial intelligence ecosystem give it a competitive edge in the global AI chip race, according to industry experts. South Korea’s leadership in the memory market is a significant advantage for AI, which heavily relies on memory. The country aims to become one of …
Tech titans Mark Zuckerberg and Elon Musk are engaged in a fierce business rivalry that has escalated into a playground spat, with both men offering to fight each other in a cage. Mandel Ngan | AFP | Getty Images Meta has officially launched its new messaging app called Threads, which is being positioned as Instagram’s …