Sections

ideals

Business Essentials for Professionals



Companies

TikTok Is Prohibited On Official Devices By The US House Administration Arm

According to the administration branch of the U.S. House of Representatives, the well-known Chinese video app TikTok has been removed from all devices under its control. This mimics a law that will soon be in effect that will remove the app from devices used by the U.S. government.   The app...

German Companies Anticipate A Mild Recession As The Disruptions Subside

Despite challenges from the energy crisis, a lack of raw materials, and a sluggish global economy, German companies expect only a mild recession next year, according to a survey of major associations published by Reuters on Tuesday.   "The last quarter of 2022 and the start of 2023 are...

Japanese Insurance Firms Negotiation With Reinsurers To Restart Coverage In Russian Seas

Three insurance companies of Japan that will stop providing marine coverage for risks associated with the conflict in Ukraine beginning next month have stated that they are in talks with reinsurers to resume those operations.   With effect from January 1, Tokio Marine & Nichido Fire...

Samsung Electric Will Increase Chip Manufacturing At Its Largest Factory Next Year- Reports

Despite predictions of an economic slowdown, Samsung Electronics intends to increase chip production capacity at its largest semiconductor plant next year, according to a South Korean newspaper late on Sunday.   The action contrasts with rival chipmakers' reduction in investment due to a...

Meta Pays $725 Million To Resolve The Cambridge Analytica Case

Parent company of the social media platform Facebook, Meta, has agreed to pay $725 million to resolve a lawsuit involving a data breach connected to the political consulting firm Cambridge Analytica.   In the ongoing dispute, Facebook was accused of granting access to user...

Tesla Halts Car Manufacturing At Its Shanghai Factory

According to an internal notification and sources with knowledge of the situation, Tesla has halted manufacturing of its electric cars at its Shanghai factory in China on Saturday, a week earlier than it had originally planned to halt most operations there during the final week...

AT&T Forming A Commercial Fiber-Optic Platform With BlackRock

A joint venture between fund manager BlackRock Inc. and wireless carrier AT&T Inc. will run a fiber-optic platform in the US, the companies announced on Friday.   According to them, the company, Gigapower LLC, intends to extend its network beyond AT&T's conventional 21-state wireline...

Twitter Says It's Redesigning The Feature That Prevent Suicides

Elon Musk, the new owner of Twitter Inc., had ordered the removal over the past few days of a feature that encouraged suicide prevention hotlines and other safety resources to users searching for specific content, said rources with knowledge of the matter, according to the news agency...

Tesla Stock Plummeted Following Its Doubling Of Discounts In The US On Its Key Models

Tesla Inc stock plummeted on Thursday after the luxury electric carmaker began offering $7,500 discounts on Model 3 and Model Y vehicles delivered in the United States this month, fuelling concerns that the company will face softening demand as economies slow.   Tesla began offering a $3,750...

Nike Stock Rises As Inventory Issues Ease And Demand Remains Strong

Nike Inc.'s stock rose nearly 15% on Wednesday as investors ignored the sportswear giant's margin pressure and focused on the company's efforts to address inventory issues that have plagued its business in recent quarters.   After Nike reported better-than-expected quarterly results on...

Tesla Offers Discounts On Certain Car Models In The United States And Canada

Tesla Inc is slashing prices and offering discounts on Model 3 and Model Y vehicles that are to be delivered to the United States and Canada this month, according to sales pages on the company's website on Wednesday, amid concerns that demand will soften as economies slow.  ...

Musk Will Leave His Position As CEO Of Twitter Once He Finds "Someone Foolish" To Succeed Him

The billionaire Elon Musk announced on Tuesday that he will step down as Twitter Inc.'s CEO once he finds a replacement, but he will continue to oversee some crucial departments of the social media platform.   "I will resign as CEO as soon as I find someone foolish enough to take the job!...
1 ... « 77 78 79 80 81 82 83 » ... 260