Following the passing of cloture on Tuesday, the US Senate voted 64-33 to approve the CHIPS Act on Wednesday. The bill will now be debated in the House, as it includes $52 billion to boost do...
Facebook parent company Meta on Wednesday posted a lower-than-expected loss in revenue, underperformed on profitability, and gave an unexpectedly bleak forecast. The shares saw a 3...
Due to inflationary pressures, Facebook parent company Meta has increased the cost of its Quest 2 virtual reality headset by $100. The price hike was disclosed by Meta on Tuesday in a tweet...
Digital marketing experts are the focus of an ongoing cybercrime operation that aims to compromise Facebook Business accounts deploying newly found malware that steals data. The ongoing effo...
According to BUA Cement Plc, the group's fuel and energy consumption rose from N26,466 billion in HY 2021 to N43.580 billion in HY 2022, a 64.66 percent rise. In comparison to the overall net sal...
On Wednesday, Credit Suisse posted a huge second-quarter loss as its earnings were severely impacted by the results of its investment bank and growing litigation provisions. The bank also an...
As a result of the news, Shopify's shares fell more than 16%. The company's failure to meet analyst expectations following the release of first-quarter earnings report and the announcem...
Ferrari intends to introduce an all-electric vehicle, but internal combustion engines will likely continue to play a big role in the company's future. The first electric vehicle will be exhibited...
The joint battery venture between General Motors and LG Energy Solution is the first beneficiary of a new loan program from the U.S. Department of Energy. The latest lithium-ion battery cell manuf...
After market close on Monday, Walmart revealed new estimates for adjusted earnings per share. It said there will be a decline by 8% to 9% for the second quarter an...