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Tim Cook says Apple is ‘constantly’ evaluating its decision to advertise on Elon Musk’s X
18/09/2023

Tim Cook says Apple is ‘constantly’ evaluating its decision to advertise on Elon Musk’s X

Musk has been accused by civil rights groups of amplifying antisemitic content on X, the social media platform formerly known as Twitter.

Retailers are losing $100 billion a year from return fraud, bots and coupon stacking, study says
15/09/2023

Retailers are losing $100 billion a year from return fraud, bots and coupon stacking, study says

Companies are losing $100 billion a year from all sorts of fraud, including setting up multiple email addresses to take advantage of promotions, Riskified said.

Apple’s iPhone 15 event kicks off on Tuesday. Here’s what to expect
11/09/2023

Apple’s iPhone 15 event kicks off on Tuesday. Here’s what to expect

Apple is hoping that its new iPhones can bust a sales slump, fend off renewed competition from Huawei, and persuade owners of Android phones to switch.

‘Oppenheimer’ shows Christopher Nolan is the prestige box office hero Hollywood needs
30/08/2023

‘Oppenheimer’ shows Christopher Nolan is the prestige box office hero Hollywood needs

"Oppenheimer" continues to explode at the box office. It's Christopher Nolan's third-highest grossing domestic release ever.

UAW workers overwhelmingly vote to authorize strikes at GM, Ford, Stellantis
25/08/2023

UAW workers overwhelmingly vote to authorize strikes at GM, Ford, Stellantis

UAW members overwhelmingly granted union leaders authorization to strike during ongoing contract negotiations with GM, Ford and Stellantis, if warranted.

Target Pride backlash adds to sales woes as culture wars rage in corporate America
17/08/2023

Target Pride backlash adds to sales woes as culture wars rage in corporate America

As Target reported earnings, CEO Brian Cornell defended the company's decision to pull some merchandise, but said it will continue to celebrate Pride month.

How Amazon is racing to catch Microsoft and Google in generative A.I. with custom AWS chips
14/08/2023

How Amazon is racing to catch Microsoft and Google in generative A.I. with custom AWS chips

CNBC got an exclusive look inside Amazon's chip lab, where AWS designs custom silicon in a race to catch Microsoft and Google in the generative A.I. race

SMIC posted a drop in second-quarter revenue on persisting weak chip demand
10/08/2023

SMIC posted a drop in second-quarter revenue on persisting weak chip demand

SMCIC posted a drop in second-quarter revenue amid ongoing U.S. sanctions and a sluggish recovery in global chip demand.

Pfizer limits distribution of some drugs from North Carolina plant damaged by tornado
04/08/2023

Pfizer limits distribution of some drugs from North Carolina plant damaged by tornado

Pfizer's Rocky Mount facility supplies 8% of all sterile injectable medicines used in U.S. hospitals, including anesthesia, analgesia and anti-infectives.

Taco Bell owner Yum Brands misses revenue estimates despite soaring KFC sales
02/08/2023

Taco Bell owner Yum Brands misses revenue estimates despite soaring KFC sales

Yum Brands restaurant KFC's same-store sales climbed 13%, fueled by demand in China, its largest market.

Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans
31/07/2023

Reddit throughout the years: Its rise to prominence, recent revolts and IPO plans

Reddit is one of the most popular websites in the world, but recent protests from the company's contingent of volunteer moderators have shaken the community.

Wells Fargo announces $30 billion buyback, shares rise
26/07/2023

Wells Fargo announces $30 billion buyback, shares rise

Wells Fargo announced a $30 billion stock buyback and approved a dividend increase.

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