Business News
Apple’s iPhone Air sold out within minutes of its launch in China on Friday, despite the ongoing tariff war between Washington and Beijing. The recent instant sale of the new iPhone highlights its popularity among Chinese consumers, even in the
For the purpose of accelerating the turnaround process at the Swiss food manufacturer, Philipp Navratil Chief Executive Officer of Nestlé, has announced that the business aims to eliminate 16,000 positions. The reductions, which will amount to around six percent of
Additional expenses stemming from President Donald Trump’s US port fees signal further challenges for Chinese container shipping companies, which are already grappling with an intensifying trade war and declining freight rates. Cosco Shipping Holdings Co. and Orient Overseas International Ltd
Warner Bros. Discovery Inc. reportedly rejected the initial purchase bid that was presented by Paramount Skydance Corporation since it was judged to be inadequate. This information was obtained from the sources. The bid that Paramount made, which was approximately $20
The “SoundTouch” range of audio speakers from Bose Corp. will no longer be able to stream music directly from services like Spotify, Pandora, Amazon Music, and others starting in February, the company stated this week. Customers who continue to own
At one of Italy’s largest Ferrari dealers, Edoardo Schön raises the hood of a 1951 340 America that once competed at Le Mans, revealing the immaculate V-12 beneath. The blue-and-white grand tourer holds a prominent position in the Milan showroom,
On Wednesday, SoftBank Group revealed its plans to acquire ABB’s robotics division, a Swiss company, for approximately $5.4 billion, as per reports. This development signifies a significant advancement in founder Masayoshi Son’s initiative towards artificial intelligence and automation. The acquisition
Billionaire Elon Musk’s electric vehicle company, Tesla, is set to reveal a more affordable version of its Model Y on Tuesday. The decision comes in response to the company’s initiative to launch a more budget-friendly variant, aimed at mitigating the
Apple and Google have halted downloads of mobile applications that report sightings of US immigration agents, mere hours after the Trump administration requested the removal of one notably popular iPhone app. US Attorney General Pam Bondi stated that such tracking
In the current ongoing federal dispute between Elon Musk’s artificial intelligence startup xAI and OpenAI, OpenAI has characterized the lawsuit as Musk’s attempt to divert attention from the deficiencies of his own generative AI company and to frighten former employees