Google has revealed that it would allow businesses to use auto updating of ChromeOS on older PC models that are set to no longer be supported by Microsoft's Windows 10. By doing so, Alphabet might acquire nearly 240 million new OS clients.
The Japanese chip company Renesas has announced that it would buy the software company Altium for a total of $5.9 billion.
Production at US factories has declined in the month of January, as the Federal Reserve is blaming harsh winter weather.
The banking group Citi has revealed that it expects a 5.00% US Dollar surge, if the Republican Part clean sweeps the upcoming US November election.
The United States Bureau of Labor Statistics has just published the monthly Producer Price Index data. Prices for goods at the wholesale level have grown stunningly. The monthly increase in the PPI is at 0.3% and the Core PPI at 0.5%. Both were expected to increase just 0.1%.
Due to pressure from Chinese competition, European electric vehicle makers Renault and Stellantis have started to cut costs in an effort to reduce EV prices.
The Alphabet owned company has revealed a new software that might read a million word long text in approximately a minute.
The electric vehicle producer Lucid has decreased the price for its Air luxury vehicle. The company intends to increase demand.
The most recent release of Japanese Gross Domestic Product data has revealed that the country has entered a recession. Moreover, the decline in GDP has moved the country to the spot of the fourth largest economy, as it has been overtaken by Germany.
Cisco Systems is set to fire 5.00% of its global workforce, which is more than 4,000 employees. Moreover, the company has lowered its revenue targets.
The Finnish telecommunications company Nokia has partnered up with Dell Technologies to develop and deploy private 5G networks.
Reuters has reported that Morgan Stanley would fire hundreds of employees in the firm's wealth management unit.
The US pharmaceutical company Pfizer has revealed that it had agreed to a $93 million settlement to settle the Lipitor antitrust lawsuit.
The German consumer goods firm Henkel has made a deal to acquire US company Seal for Life Industries. The US company specializes in sealing and protective coating solutions.
The latest United Kingdom GDP data has revealed that the country has entered into a recession in the last quarter of 2023, as the economy shrank by 0.3%.
After experiencing its first profitable year, Uber has announced a $7 billion share buyback program.
Reuters has reported that the total amount invested in Bitcoin has returned above the $1 trillion mark.
Microsoft has announced that the company had caught hackers from Iran, Russia and China that have been using their AI technology.
The global shipping company Maersk has announced that it expects profits to decline due to a global oversupply of shipping services. Moreover, the company revealed that the Houthi attacks in the Red Sea have not caused big enough shipping rate increase to balance out the decrease of demand.
Due to government support, new bank loans in China had hit a record high level, in January.
The Swiss pharmaceutical company Roche is set to fire 345 employees of the product development unit of the company. The 345 specialists comprise 6.00% of the company's workforce.
The unit of Toyota has revealed that it is about to reveal an updated management structure during this week.
Despite other retail clothing and accessory firms experiencing a decline, Hermes has reported a stunning 17.5% increase of sales in the last quarter of 2024. The news initiated a surge of the company's stock price.
Reuters has reported that various head-hunters and bankers have stated that western investment banks have been preparing for employee layoffs in Asia.