Threads, The Twitter Killer?
Meta Platforms, the parent company of Facebook, made a bold move on Wednesday by launching Threads, a direct competitor to Twitter.
Go Deeper (3 min read)Goldman Sachs is currently engaged in discussions regarding the potential transfer of its Apple credit card and high-yield savings account products to American Express.
Go Deeper (3 min read)In a move aimed at safeguarding national security and preserving its interests, China's Ministry of Commerce declared on Monday that it would enforce export controls on certain metals extensively utilized in the semiconductor sector.
Go Deeper (2 min read)Softbank To Charge Ahead
SoftBank Group's chairman and CEO, Masayoshi Son, announced on Wednesday that the Japanese investment firm is preparing to transition from a defensive stance to an offensive strategy,
Go Deeper (2 min read)The AI Bubble?
Jeremy Siegel, a well-known economist and professor at Wharton, remains optimistic about a potential Big Tech boom driven by artificial intelligence, despite concerns of a possible bubble forming.
Go Deeper (2 min read)More from Business
Tech Giants Tout AI Investments
Microsoft and Google's Q2 results show slow sales growth despite their promises of AI investment and the launch of generative AI products. The companies have emphasized the potential of AI, particularly in natural language processing, to usher in a new era of computing.
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Apple Bets Big On India
Apple CEO Tim Cook has been optimistic about India for years, and now the tech giant is expanding its footprint in the country while reducing its reliance on China.
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China's Car Market Booms
At the Shanghai auto show, global auto executives are returning to a vastly different market than the one they left in 2021. China-made brands now dominate key segments, propelled by new electric-drive models that are gaining ground both domestically and internationally.
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Luxury Slows Down, Just A Bit
LVMH's sales report for the first quarter revealed that wealthy consumers in the United States are reducing their purchases of high-end fashion and leather goods.
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Warren Buffet Increases His Exposure To Japan
Buffett expressed his satisfaction with his current investments in these firms and stated that he is considering investing further in five of Japan's major trading houses.
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China's Manufacturing Loses Momentum
China's manufacturing industry, which accounts for one-third of the world's second-largest economy, lost momentum in March due to weak export orders, hindering the country's economic recovery from COVID-19 restrictions.
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