Dropbox to cut 16% of their workforce
In recent years, there have been numerous factors which have adversely affected the global economy. There...
Hyundai to exit Russia
It is a well known fact that the Russia-Ukraine war had wide-ranging impacts on the economy...
SpaceX and Rogers Collab to connect remote areas in Canada with the internet
In recent years, Elon Musk led SpaceX has been involved in several projects which aim to...
Deutsche Bank’s Restructuring Plan Pays Off with 11 Consecutive Quarters of Profit
Deutsche Bank, a German lender, announced on Thursday that it had recorded a net profit of...
How AI is Revolutionizing Meta’s Facebook and Instagram Businesses
Meta Platforms CEO Mark Zuckerberg announced on Wednesday that the company's use of artificial intelligence (AI)...
Amazon’s Profitable AWS Sector Not Immune to Layoffs
Amazon has begun its latest round of employee layoffs, which was previously announced and is expected...
Alphabet to Buy Back $70 Billion in Stock, Beat Estimates on Cloud Demand
Alphabet Inc, the parent company of Google, announced on Tuesday that it plans to buy back...
Microsoft’s strategic investments in AI pay off with surge in sales
Microsoft Corp recently posted better-than-expected quarterly revenue and profit results, thanks to growth in its cloud...
First Republic Bank on the brink of collapse? Lost $72 billion in deposits in Q1
First Republic Bank, headquartered in San Francisco, announced its financial results for the first quarter ending...
Google Cloud Business Finally Turns Profitable After Years of Heavy Investment
Alphabet, the parent company of Google, has announced that Google's cloud business has turned a profit...