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Filing Of Fresh Class Action Against J&J For Talc Demanding Cancer Medical Monitoring

A new proposed class action against Johnson & Johnson is bringing claims for damages and medical monitoring on behalf of women who have been diagnosed with cancer or may get it in the future, purportedly as a result of using the company's talc and baby powder products.   The first...

Nvidia Surpasses Microsoft To Become The Most Valuable Corporation Globally

Nvidia has overtaken Microsoft as the most valuable business in the world, thanks in large part to its high-end processors, which are crucial in the competition to dominate artificial intelligence technologies.   The chipmaker's market value increased to $3.335 trillion, or 3.5%,...

Apple Discontinues The Pay Later Financing Program

Apple, which just introduced its in-house purchase now, pay later programme last year, is abandoning it in the US. According to the digital behemoth, it will now provide payment plans to consumers via independent credit and debit card lenders.   Current borrowers will still be able to use...

EU To Prosecute Apple And Meta Under Historic IT Laws, According To Sources

According to three individuals with direct knowledge of the situation, Apple and Meta Platforms are expected to be charged for violating historic EU regulations intended to limit their influence prior to the summer.   According to the persons, Apple and Meta are priority issues for the...

By 2027, Stellantis Wants To Increase Jeep Sales By 50%

In the next three years, Stellantis anticipates a 50% increase in global sales of Jeep cars as the carmaker looks to capitalise on the iconic American SUV brand for more earnings.   By 2027, the transatlantic manufacturer plans to increase sales and manufacturing to over 1.5 million cars....

Goldman Sachs Wants To Lend Twice As Much To Customers Of Affluent Private Banks

As it accumulates more deposits to boost lending, Goldman Sachs intends to treble its lending over the next five years to ultra-wealthy private bank clients with account sizes surpassing $10 million, the bank's chief of private banking told Reuters.   Goldman's global head of private...

European Obstacles Encountered By Shein's Pre-IPO Charm Offensive

The pre-IPO charm offensive being launched by online fast-fashion retailer Shein in Britain is meeting with resistance from politicians and the retail sector in Europe. European producers of clothing, shoes, leather goods, and fabric this week urged upcoming EU lawmakers to safeguard the 1.5...

It May Take Two Years Before Walmart's Flipkart, And PhonePe Go Public – Says Company Executive

According to a Walmart executive, it could take a several years for the Flipkart marketplace and PhonePe digital payments platform to make their initial public offerings.   Dan Bartlett, executive vice president for corporate affairs at Walmart, stated late on Thursday, "This is something...

In Europe, McDonald's Loses The Chicken Big Mac Trademark

After five years without using the term "Big Mac" for poultry products, the European Court of Justice ruled on Wednesday that McDonald's does not hold the exclusive right to use it. This decision gives Irish rival Supermac's a partial victory in the ongoing trademark battle with the American...

According To Insiders, TikTok Is Building A US Version Of The App's Main Algorithm

According to people with firsthand knowledge of the project, TikTok is developing a clone of its recommendation algorithm for its 170 million American users. This might lead to a version that runs independently of its Chinese parent and is more acceptable to US politicians who wish to outlaw the...

PlayStation User Interaction Is Emphasized By Sony As Hardware Sales Decline

Japanese electronics firm Sony has highlighted the strength of user engagement with its gaming platform as the PlayStation 5 console sales taper off and businesses in the industry search for recurring revenue stream.   Thanks in part to add-on services and content like PlayStation Plus, PS5...

HP Exceeds Revenue Projections Due To A Rebound In PC Demand

As consumers update their systems, HP Inc.'s second-quarter sales topped Wall Street projections on Wednesday, indicating a rebound in the personal computer (PC) industry.   Similar to other PC manufacturers, HP had a spike in sales during the pandemic as people stocked up on electronic...
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