Business

Shell’s Profit Surges to $6.2 Billion in Q3; Announces $3.5 Billion Share Buyback

In a recent update, Shell, the British oil giant, reported a substantial third-quarter profit of $6.2 billion. This figure aligns…

11 months ago

Southeast Asia’s Digital Economy Aims for a $218 Billion Boom in 2023

New findings from Google, Temasek, and Bain & Company predict a major milestone for Southeast Asia's digital economy. It's set…

11 months ago

AMD Foresees $2 Billion in AI Chip Sales Next Year Despite Soft Q4 Outlook

Advanced Micro Devices (AMD) exceeded expectations in Q3 but gave a cautious Q4 forecast. AMD aims to make a significant…

11 months ago

$5.3 Billion Investment in Japanese Chip Factory by Taiwanese Firm

Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC) and Japanese financial giant SBI Holdings have picked a location in northern Japan for…

11 months ago

Alibaba Unveils New AI Model and Platform to Compete with Amazon and Microsoft

Chinese tech giant Alibaba has unveiled its latest artificial intelligence model, Tongyi Qianwen 2.0, and the GenAI Service Platform, allowing…

11 months ago

Netflix’s Stock Skyrockets 16% as Wall Street Embraces Ad-Driven Subscriber Growth

Netflix saw a remarkable 16% surge in its stock on Thursday, following a highly promising quarterly earnings report. The streaming…

12 months ago

Elon Musk’s X Introduces $1 Annual Fee for New Zealand and Philippines Users

Elon Musk's social media platform, X (formerly Twitter), is running a trial in New Zealand and the Philippines, and it's…

12 months ago

AI-Powered Tech Giants Boost Market Caps by $2.4 Trillion in 2023

In the midst of the AI buzz, U.S. tech giants have witnessed a remarkable $2.4 trillion surge in their market…

12 months ago

Microsoft Completes $69 Billion Acquisition of Activision Blizzard Following Regulatory Approval

Microsoft has successfully closed its $69 billion acquisition of video game publisher Activision Blizzard, marking its largest-ever deal in 48…

12 months ago

Over $470 Million Worth of Small Electronics Discarded Annually – An Alarming E-Waste Trend

Startling research conducted by Material Focus has unveiled a concerning environmental issue: nearly half a billion dollars worth of small…

12 months ago