Salesforce, Inc. CRM reportedly cut around 300 roles to streamline operations, highlighting the tech industry’s ongoing focus on cost control. The company made the job cuts...
In a unique opportunity for Apple enthusiasts, Steve Jobs’ iconic blue pin-striped suit, worn in the 1984 Macintosh ad, is up for auction. What Happened: The suit is...
Alibaba Group Holding Ltd’s BABA 618 shopping festival shows strong momentum, according to preliminary data from Taobao and Tmall platforms. As of May 31, 185 brands,...
Flutter Entertainment Plc FLUT shares were trading lower in the premarket session on Friday after the company announced the immediate departure of CFO Paul Edgecliffe-Johnson, who...
Alphabet Inc. GOOG GOOGL and Meta Platforms Inc. META have discussed licensing content with major Hollywood studios for their AI video generation software. These companies are developing technology to create realistic...
Alibaba Group Holding Ltd’s BABA Taobao and Tmall Group are collaborating with ByteDance-owned Douyin to draw users from the Chinese short video platform, aiming to boost their presence in the mainland’s annual midyear...
Converse footwear brand is reportedly cutting jobs as parent company Nike Inc. NKE continues its cost-saving measures by reducing its workforce. Nike is implementing a $2 billion plan to...
On Tuesday, Cathie Wood’s Ark Invest made some significant trades, notably buying shares of Shopify Inc SHOP and selling off Block Inc SQ stocks. The Shopify...
Alibaba Group Holding Limited BABA shares have been on a broad consolidation move since bottoming in late October 2022. The company is still reeling from the...
Silicon Valley veteran Chamath Palihapitiya, known as the “SPAC King” for his use of special purpose acquisition companies, recently shared a surprising story on the All-In Podcast....
Adient PLC ADNT has put forward restructuring plans in Europe to reduce operating, administrative and engineering costs. The plan primarily consists of workforce reductions and the transfer of work to countries...
Apple, Inc. AAPL is facing multiple headwinds, and chief among them are the weakness in China and slowing iPhone sales, said Bloomberg’s columnist Mark Gurman on...