Business

$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…

56 years 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…

56 years 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…

56 years 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…

56 years 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…

56 years 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…

56 years 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…

56 years ago

Stellantis and Samsung SDI to Establish $3.2 Billion EV Battery Plant in Indiana

In a significant move towards enhancing the electric vehicle (EV) battery industry, Stellantis and Samsung SDI have unveiled their plans…

56 years ago

Halloween Spending Soars to Record $12.2 Billion in the US

The National Retail Federation's annual survey, conducted by Prosper Insights & Analytics, projects that consumers will splurge a record-breaking $12.2…

56 years ago

Exxon in Advanced Discussions for $60 Billion Purchase of Pioneer, Sources Reveal

Exxon Mobil (XOM.N) is reportedly engaged in advanced negotiations to acquire Pioneer Natural Resources (PXD.N) in a potential transaction valued…

56 years ago