OpenAI and Oracle Join Forces for Massive AI Data Centre Expansion In a groundbreaking move that is set to reshape the landscape of artificial intelligence development, OpenAI and Oracle have announced their strategic partnership for a significant expansion of AI data centers. This collaboration marks a pivotal moment in the realm of cutting-edge technology, as […]
E.l.f. Beauty Announces $1 Price Hike, Citing Inflation and Tariffs
E.l.f. Beauty Announces $1 Price Hike, Citing Inflation and Tariffs E.l.f. Beauty, known for its affordable yet quality makeup products, has recently announced that it will be implementing a $1 price increase across its range of cosmetics starting in August. This decision comes as a response to the challenges posed by inflation and tariffs, which […]
Jeweller Pandora Trims 2025 Profitability Guidance, Warns of US Tariff Impact
Pandora, the renowned jeweler known for its exquisite charm bracelets, has recently made headlines by adjusting its profitability guidance for the year 2025. The company, which has been a staple in the jewelry industry for years, is now expecting a profit margin of around 24 percent, a slight decrease from its initial estimate of 24.5 […]
Trump signals new extension for TikTok divestment deadline
Trump Signals New Extension for TikTok Divestment Deadline Amid heated US-China tariff tensions, President Trump’s recent signal of a potential extension for the TikTok divestment deadline has added another layer of complexity to the ongoing saga. The popular social media app, known for its short-form videos and dance challenges, has found itself at the center […]
Unilever to Shutter Ren Skincare Business
Unilever to Shutter Ren Skincare Business Unilever, a major player in the consumer goods industry, recently announced its decision to close down its Ren Skincare business. This move comes as a surprise to many, considering Ren Skincare’s popularity among consumers for its natural and sustainable products. The decision to shut down Ren Skincare was not […]
Intel CEO invested in 600+ Chinese firms, some companies linked to military
Intel’s CEO Invested in 600+ Chinese Firms: Some Companies Linked to Military Intel’s decision to name Lip-Bu Tan as CEO has sparked serious concerns in Washington and beyond. Tan, a prominent figure in the tech investment world, has a track record of backing over 600 Chinese companies through his venture capital firm, WRVI Capital. While […]
Walgreens Boots Alliance to Be Taken Private in $10 Billion Deal
Walgreens Boots Alliance: A New Chapter as It Goes Private In a surprising turn of events, the retail pharmacy giant Walgreens Boots Alliance is set to undergo a significant transformation. Private equity firm Sycamore Partners has made headlines with its announcement of a monumental $10 billion deal to take the company private. This move marks […]
Walmart Asks Chinese Suppliers for Major Price Cuts on Trump Tariffs
Walmart Requests Chinese Suppliers for Significant Price Reductions Amid Trump Tariffs Amid the ongoing trade tensions between the United States and China, major retail giant Walmart has taken a bold stance by asking its Chinese suppliers for substantial price cuts. The request comes as a response to the tariffs imposed by the Trump administration, affecting […]
ByteDance faces pressure as US weighs TikTok’s future
ByteDance Faces Pressure as US Weighs TikTok’s Future The ongoing saga of TikTok’s uncertain future in the United States continues to unfold, with the popular video-sharing app facing increased pressure from the government. As the Trump administration deliberates over the fate of TikTok due to national security concerns, ByteDance, the Chinese parent company of the […]