BUSINESS - Page 3

Within the Business category, you can find the most recent news, reports, studies, and articles pertaining to Business.

6 December, 2023 - 7:35 pm (7 hours ago)

BUSINESS

Meta faces €550 million lawsuit from Spanish media group AMI

Meta Platforms Inc, the parent company of Facebook, Instagram, and WhatsApp, is confronted with a significant legal challenge in Spain, where it faces a €550 million lawsuit filed by AMI, an association

STARTUPS·Cybersecurity

Vanta has made significant strides in enhancing corporate security with AI-driven tools and services

In a rapidly evolving digital landscape, Vanta Inc., a cybersecurity compliance startup, has taken significant strides in enhancing organizational security through its AI-driven tools and services. The company’s latest suite of advanced reporting and testing tools, revealed at VantaCon 2023,

6 December, 2023 - 7:05 pm (7 hours ago)

Foretellix secures $42 million to advance autonomous vehicle safety

BUSINESS·TECHNOLOGY

Foretellix Ltd., an innovative simulation automation startup, has recently announced a significant milestone in its journey, securing $42 million in funding. This investment, led

Mark Zuckerberg cashes in on stock surge

BUSINESS

Mark Zuckerberg, the CEO of Meta Platforms Inc, recently executed a significant sale of Meta shares, valued at nearly $185 million. This strategic move,

GoMetro raised as much as £9 million in Series A funding

29 November, 2023 - 9:03 pm (7 days ago)

BUSINESS

In an electrifying move, GoMetro, a South African tech company specializing in fleet management, has secured a hefty £9 million (~$11.4 million) in Series A funding. The round, spearheaded by Zenobē Energy,

Immensa secures $20 million Series B financing

29 November, 2023 - 8:36 pm (7 days ago)

STARTUPS

The global energy spare parts market, a colossal $90 billion industry, has been relatively untapped by the innovative strides in additive manufacturing that have revolutionized other sectors. Immensa, a MENA-based startup, stands

Prosus NV drastically lowered the valuation of Byju’s

29 November, 2023 - 8:02 pm (7 days ago)

FINANCE·STARTUPS

In a series of recent developments, Prosus NV, a major European technology investor, has drastically reduced the valuation of Byju’s, once a titan in the edtech sector. This marks a significant downturn

CrowdStrike shares fell slightly in after-hours trading

29 November, 2023 - 1:10 pm (8 days ago)

FINANCE·Cybersecurity

In a surprising twist, shares of CrowdStrike Holdings Inc., a leader in the cybersecurity sector, experienced a slight dip in after-hours trading, despite outperforming in its third-quarter earnings and projecting an optimistic

Apple ends partnership with Goldman Sachs

29 November, 2023 - 1:08 pm (8 days ago)

BUSINESS·FINANCE

In a significant turn of events, Apple is set to discontinue its partnership with Goldman Sachs, a collaboration that commenced in 2019 with the launch of the Apple Card. This decision, as

Meta faces scrutiny over ad-free subscription in the European Union

29 November, 2023 - 12:36 pm (8 days ago)

BUSINESS

Meta, the tech giant behind Facebook and Instagram, has sparked controversy with its new strategy in the European Union. In a move to align with EU privacy rules, Meta now offers users

Google successfully integrates carbon-free electricity from a geothermal energy project into Nevada’s power grid

29 November, 2023 - 12:04 pm (8 days ago)

BUSINESS·TECHNOLOGY

In a groundbreaking development, Google has successfully integrated carbon-free electricity (CFE) from a novel geothermal energy project into Nevada’s power grid, marking a significant leap in sustainable energy efforts. This initiative, realized

UK Competition and Markets Authority concerned about Adobe’s proposed $20 billion acquisition of Figma

29 November, 2023 - 11:33 am (8 days ago)

BUSINESS

In a recent development, the UK’s Competition and Markets Authority (CMA) has raised significant concerns over Adobe‘s proposed $20 billion acquisition of Figma, a cloud-based design platform. This deal, if finalized, could

Amazon’s move to buy iRobot faces hurdles

28 November, 2023 - 10:24 pm (8 days ago)

BUSINESS

In a recent development, the European Union has raised substantial concerns over Amazon‘s proposed acquisition of iRobot, the manufacturer of the popular Roomba vacuum cleaners, highlighting potential anti-competitive risks. This move by

Shein has launched a secret process to go public in the United States

28 November, 2023 - 9:24 pm (8 days ago)

BUSINESS

In a strategic expansion move, Shein, the renowned fast fashion entity, has initiated a confidential process to go public in the United States. This decision marks a significant milestone for one of

Hexa raises funds to launch more startups

28 November, 2023 - 9:02 pm (8 days ago)

STARTUPS

In the bustling world of startups, Paris-based Hexa emerges as a beacon of innovation and growth. With a recent influx of $22 million in funding, Hexa stands at the forefront of a

Is Reddit going public?

28 November, 2023 - 8:43 pm (8 days ago)

SOCIAL MEDIA·BUSINESS

Social media behemoth Reddit has stirred the market with renewed discussions about an Initial Public Offering (IPO). Reports indicate that the San Francisco-based company, founded by Steve Huffman, Aaron Swartz, and Alexis

Foxconn announces over $1.5 billion investment in India

28 November, 2023 - 8:22 pm (8 days ago)

BUSINESS

In a series of significant moves, Foxconn, the world’s largest electronics manufacturing services provider, has declared a substantial investment exceeding $1.5 billion in India. This announcement, revealed through Taiwanese security filings and

PhysicsX raised $32 million in Series A funding

28 November, 2023 - 3:59 pm (8 days ago)

AI·STARTUPS

PhysicsX, a London-based startup pioneering in artificial intelligence for engineering, recently secured a staggering $32 million in Series A funding. This marks their debut in external fundraising since the company’s inception in

Australia is preparing to integrate digital payment services into its existing financial regulatory framework

28 November, 2023 - 2:05 pm (9 days ago)

BUSINESS·FINANCE

In a groundbreaking move, Australia is poised to integrate digital payment services such as Apple Pay and Google Pay into its existing financial regulatory framework. This shift marks a significant evolution in

Evernote is testing important limitations to its free service

28 November, 2023 - 11:38 am (9 days ago)

BUSINESS

In a strategic move, Evernote, under its Milan-based owner Bending Spoons, is testing significant limitations on its free service. This decision comes as the company navigates financial challenges and seeks to encourage

Why did Tesla find itself in a legal battle with the Swedish Transport Agency and postal workers?

28 November, 2023 - 11:02 am (9 days ago)

BUSINESS·TECHNOLOGY

In a recent turn of events, Tesla has found itself embroiled in a legal tussle with the Swedish Transport Agency and postal workers, shedding light on the complex interplay between labor rights,

Valve CEO Gabe Newell forced to testify in person in federal antitrust lawsuit against the company

27 November, 2023 - 11:27 pm (9 days ago)

BUSINESS·GAMING

In a significant development within the gaming industry, Valve Corporation’s CEO, Gabe Newell, has been mandated to attend an in-person deposition in a federal antitrust lawsuit against the company. Initiated by Wolfire

Meta’s communications director Andy Stone put on Russia’s wanted list

27 November, 2023 - 9:58 pm (9 days ago)

SOCIAL MEDIA·BUSINESS

In a striking development in international tech and politics, Andy Stone, the communications director for Meta, has been placed on Russia’s wanted list. According to reports by Russian state news agency TASS

Embracer Group’s Restructuring: A Necessary but Painful Path

27 November, 2023 - 9:21 pm (9 days ago)

GAMING·BUSINESS

The Embracer Group, known for its expansive portfolio in the gaming industry, has recently made headlines with its extensive restructuring plan. The plan, which included significant layoffs, has been a point of

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