Articles
Mastercard's first-quarter profit falls as expenses increase
New York-based company’s net profit fell to $2.4 billion in the three months to the end of March
Meta shares soar as Facebook parent beats profit estimates
California-based company reaped a net profit of $5.7 billion in the first quarter and the number of Facebook daily active users jumped 4 per cent to 2.04 billion
Global travel and tourism near pre-pandemic peak, WTTC says
Industry is projected to reach $9.5 trillion this year, only 5 per cent below 2019 levels
Visa net profit surges on higher payment volumes
Company's net profit jumped to $4.3 billion in January-March period
Microsoft shares jump 8.5% on surge in net profit
Company’s net profit surged to $18.3 billion in the three months to the end of March
Shares of Google parent Alphabet jump after $70bn stock buyback pledge
Revenue during the first-quarter rose about 3 per cent annually to $69.8 billion
Apple to launch AI-driven health coaching service, report says
Cupertino-based company will use artificial intelligence to process user data collected from smartwatches to offer customised coaching plans
Saudi Arabia teams up with Wemade to power gaming and blockchain sectors
Wemade is behind blockchain gaming platform Wemix and the Legend of Mir series video games that have attracted millions of users globally
Google announces generative AI tools to bolster cyber security
New AI model aims to address three key industry challenges - threat overload, cumbersome tools and talent gap
Russia's Sberbank launches GigaChat to rival ChatGPT and Bard
The multimodal neural network technology is currently in an invite-only testing phase
Google adds coding capabilities to Bard
Company says its AI tool still in early experimental phase and may sometimes provide inaccurate or misleading information
Lyft plans next round of layoffs as part of cost-cutting
Move could help California-based company save 50 per cent of its costs, report says
Deloitte to cut 1,200 jobs in US, report says
Terminations will be focused on consultancy's financial advisory business
BuzzFeed to lay off 15% of staff and shut its news unit
Terminations, which will be completed by end of the second quarter, will affect company’s content, administration, business and technology teams
UAE and Germany explore partnerships to build industrial and climate ties
Officials and executives discuss plans to build on joint initiatives to promote sustainable industrial development, decarbonisation efforts and energy security
