Presently, FedEx expects adjusted earnings per share for fiscal 2023 of between $14.60 and $15.20, which has increased from a …
K-pop giant Hybe drops its bid for SM Entertainment, ending the takeover battle
Putting an end to a weeks-long takeover battle with social media giant Kakao, Hype has withdrawn its plan to take …
Rivian posts a mixed fourth quarter and an underwhelming EV production outlook; the stock falls
Shares of the EV startup, Rivian were down roughly 8% during the period of extended trading. However, the stock closed …
Warner Bros. Discovery revenue misses as the media giant posts a substantial loss
The company’s TV network segment, which includes channels like Discovery, TBS, and TNT, which downslide 6%, roughly amounting to $5.5 …
SpaceX fortuitously test fires the Starship booster in the final crucial step before orbital launch
Proclaimed as a “static fire,” the milestone test is the final and most crucial hurdle before SpaceX tries to launch …
Mining giant Rio Tinto apologises for sparking a radiation alert after losing a device in Australia
On Monday, mining giant Rio Tinto issued an apology after losing a small radioactive capsule used in its operations, resulting …
Microsoft announces a new multibillion-dollar investment in ChatGPT-maker OpenAI.
Microsoft Corp. announced a new multibillion-dollar investment with ChaGPT-maker and artificial intelligence firm, OpenAI, on Monday. Although Microsoft refused to …
Foxconn faces a T$10 million fine in Taiwan for its Chinese investment
Taiwan charges its tech giant Foxconn a fine of T$10 million ($329,088) for making an uncertified investment in a China-based …
JP Morgan louvers Frank’s $175m paid website, accusing the founder of generating millions of accounts
Overview What it covers is… The country’s largest bank, JP Morgan, obtained Frank to help them deepen the relationship with …
The Ant group got a waiver from Jack Ma.
Key points: Jack Ma intends to reduce his interest in the Ant group by reducing his control over it. Ma …