As the artificial intelligence (AI) industry continues its meteoric rise, Microsoft finds itself under the federal microscope due to a recent deal with AI startup Inflection. The Federal Trade Commission (FTC) has launched an investigation into whether Microsoft’s collaboration with Inflection constitutes…
In a significant medical breakthrough, Moderna and Merck have announced encouraging three-year data from their experimental vaccine, which, when combined with Keytruda therapy, has demonstrated improved survival rates in patients suffering from the deadliest form of skin cancer. Presented at the American…
Apple, a company always at the forefront of innovation, is on the verge of a significant upgrade to its Vision Pro mixed reality headset with the integration of generative artificial intelligence (AI). This move comes amid broader efforts to infuse new life…
In the evolving landscape of media conglomerates, Paramount Global is on the brink of a transformative merger with Skydance Media. A newly revised M&A deal, pending approval from Shari Redstone, promises to reshape ownership dynamics and possibly conclude the long-standing Redstone family…
In a remarkable turn of events, Chinese carmaker BYD has emerged as the global leader in electric vehicle (EV) sales, briefly overtaking Tesla, a company once dismissed by its CEO Elon Musk. BYD’s recent unveiling of a hybrid powertrain boasting an unprecedented…
Boeing’s 90-day deadline to submit a safety plan to the FAA has arrived. Here’s what to expect. A Crucial Meeting Boeing CEO Dave Calhoun and other top company leaders are scheduled to meet with the Federal Aviation Administration (FAA) on Thursday to…
Samsung Electronics, South Korea’s tech giant, is facing its first-ever strike as negotiations over pay and bonuses have reached a stalemate. The Nationwide Samsung Electronics Union (NSEU), representing approximately 28,000 workers, has announced a one-day strike scheduled for June 7. This walkout…
Off-price retailers such as TJX Companies and Ross are thriving and gaining market share from their competitors. Despite the economic challenges, these retailers are not slowing down, thanks to a blend of consumer trends and strategic advantages. A Shift in Shopping Preferences…
China has announced a significant injection of $47.5 billion into its semiconductor industry, marking a decisive move in its bid to assert dominance in advanced technologies. The investment comes at a crucial juncture as the United States intensifies restrictions on chip exports…
The advertising landscape is undergoing a significant transformation. As traditional television viewership declines and streaming services rise, advertisers are increasingly turning to retail media networks like Amazon, Walmart, and Kroger to reach consumers directly at points of sale. The Shift from TV…