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Business

Prada Secures a Landmark $1.38 Billion Acquisition of Versace, Setting a New Fashion Empire

Prada announces a definitive agreement to acquire Versace for $1.38 billion, a deal set to reshape the luxury fashion landscape by 2025. Despite initial hurdles, the merger promise...

Business

Amazon's AI Revenue Skyrockets: Triple-Digit Growth Signals a Tech Revolution

Amazon CEO Andy Jassy announces triple-digit growth in AI revenue, emphasizing AI's transformative potential and Amazon's commitment to innovation by cutting bureaucracy.

Business

Amazon CEO Andy Jassy's Compensation Soars to $40.1M in 2024: A 37% Increase from Previous Year

Amazon CEO Andy Jassy's total compensation reached $40.1 million in 2024, marking a 37% increase from the previous year. His base salary remained at $365,000, with stock performanc...

Business

Prada Secures a Landmark $1.4 Billion Acquisition of Versace, Reshaping Luxury Fashion

Prada announces a definitive agreement to acquire Versace for $1.38 billion, a deal set to finalize in 2025. Despite challenges, this merger promises to redefine luxury fashion and...

Business

Prada Secures Future of Fashion with a Groundbreaking $1.4 Billion Acquisition of Versace

Prada announces a $1.38 billion deal to acquire Versace from Capri Holdings, set to finalize in 2025. The acquisition, confirmed despite earlier uncertainties, aims to strengthen P...

Business

Amazon's AI Revenue Skyrockets: Triple-Digit Growth Signals a Tech Revolution

Amazon CEO Andy Jassy announces triple-digit growth in AI revenue, calling AI a "once-in-a-lifetime reinvention." The company is aggressively investing in AI to benefit customers a...

Business

Amazon CEO Andy Jassy's Compensation Skyrockets to $40.1 Million in 2024 Amid Stock Surge

Amazon CEO Andy Jassy's compensation jumped to $40.1 million in 2024, a 37% increase from 2023, driven by Amazon's stock performance, while his base salary remained unchanged at $3...

Business

FSSAI Reverses Stance on Monitoring Baby Food Law Violations: A Shocking Turn of Events

The FSSAI has reversed its advisory on monitoring violations of the Infant Milk Substitutes Act, stating it's not under their jurisdiction, sparking concerns over infant health and...