IBM’s Q2 Revenue Misses Projections as Mainframe Sales Decline
IBM’s revenue fell short of Wall Street’s projections in Q2, facing headwinds from a decline in sales of its mainframe…
Teladoc Health Partners with Microsoft to Integrate AI into Telehealth Platform
In a move to revolutionize the telehealth landscape, Teladoc Health is teaming up with technology giant Microsoft to integrate advanced…
Tesla Directors to Return $735 Million in Unprecedented Shareholder Settlement
The directors of Tesla have agreed to return a staggering $735 million to address allegations of overpayment, concluding a contentious…
South Korean Central Bank Stresses Financial Stability amid Soaring Household Debt
In the face of mounting household debt, the Bank of Korea (BOK) is underscoring the vital importance of effectively managing…
Tesla Completes Construction of First Cybertruck in Texas Facility After Two-Year Delay
Tesla has finally completed the construction of its first Cybertruck at the company’s manufacturing plant in Austin, Texas. The much-anticipated…
Celsius Network Founder Pleads Not Guilty to Fraud Charges
Alex Mashinsky, the founder and former CEO of Celsius Network, has pleaded not guilty to multiple fraud allegations in the…
Disney Extends Bob Iger’s Contract Amidst Challenging Transformation Period
Disney has decided to extend Bob Iger’s contract by two years, as the entertainment and media industries grapple with unforeseen…
EU Regulators Approve Broadcom’s $61 Billion Acquisition of VMware
European Union (EU) antitrust regulators have given their approval for U.S. chipmaker Broadcom’s massive $61 billion acquisition of cloud computing…
Ryanair Leaves UK Aviation Council, Citing Failures in Delivering Passenger Benefits
Ryanair, Europe’s largest low-cost airline, has decided to leave the UK Aviation Council, an industry organization established by the British…
Brazilian Government to Propose Independent Income Tax Reform to Tackle Budget Deficit
In a significant move aimed at addressing Brazil’s primary budget deficit, the government is set to propose an independent income…