Apple’s Mac Shipments Plunge Over 40% in Q1 2023, Outpacing Major Competitors
According to research firm IDC, Apple's worldwide computer shipments fell by 40.5% YoY in the first ...
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Tag: growth
World Bank warns of global economic slowdown to 30-year low by 2030
According to a report by the World Bank titled "Falling Long-Term Growth Prospects: Trends, Expectations, and ...
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Moody’s Predicts Global Economic Growth to Slow Down in 2023
Moody's Investors Service has released a report stating that the global economy is expected to slow ...
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Ericsson Announces Global Layoffs Affecting 8,500 Workers
Ericsson, a Swedish telecommunications giant, is reportedly planning to cut 8,500 jobs worldwide, which represents roughly ...
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Bed Bath & Beyond: shutting down Canadian operations, cites financial woes
Bed Bath & Beyond's Canadian operations have filed for bankruptcy, as they are insolvent and lack ...
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Yahoo to downsize workforce by 20%, close parts of ad tech business
According to a report from Axios, Yahoo, the Bay Area tech conglomerate owned by Apollo Global ...
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Facebook Parent Meta Delays Budgets, Announces Further Layoffs
Facebook's parent company, Meta Platforms Inc, is reportedly postponing the finalisation of several teams' budgets as ...
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Hong Kong Launches Campaign to Revive Tourism with 500,000 Free Airline Tickets in 2023
Hong Kong's government is giving away half a million free airline tickets in an effort to ...
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Societe Generale outperforms in face of 64% decrease in net income
Societe Generale reported a significant 64% decrease in annual net profits for 2022 due to a ...
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Japan’s Nintendo, SoftBank, and Sharp Suffer Major Share Losses Post-Earnings
The stocks of Japanese companies Nintendo Co Ltd, SoftBank Group Corp, and Sharp Corp took a ...
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