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Business

JPMorgan Payments Partners with Klarna to Revolutionize Buy Now, Pay Later Options

Klarna Bank AB partners with JPMorgan Chase & Co. to integrate its Buy Now, Pay Later (BNPL) payment options into J.P. Morgan Payments' Commerce Solutions Platform, enhancing payme...

Business

Apple Partners with Alibaba Over DeepSeek for AI Development in China, Signaling Strategic Compliance

Apple Inc. has chosen Alibaba over DeepSeek for developing AI features in China, aiming to comply with local regulations and boost sales. Alibaba's extensive consumer data played a...

Business

Disney Shifts Focus: Revamping DEI Programs for Enhanced Business Outcomes

The Walt Disney Company is restructuring its DEI programs to focus more on business outcomes, replacing the "Diversity & Inclusion" performance metric with "Talent Strategy," and r...

Business

Lyft Achieves 27% Revenue Growth in Q4 2024, Reaching $1.6 Billion

Lyft Inc. reported a 27% increase in Q4 2024 revenue, reaching $1.6 billion, with a net income of $61.7 million. The company also saw significant annual growth, with a 31% revenue ...

Business

Elon Musk's $97.4 Billion Bid for OpenAI: CEO Sam Altman Responds with Defiance

OpenAI CEO Sam Altman denies receiving any official bid from Elon Musk for a $97.4 billion takeover, asserting the company's resilience against attempts to undermine its progress a...

Business

Elon Musk's $97.4 Billion Bid for OpenAI: What We Know So Far

OpenAI CEO Sam Altman denies receiving any official bid from Elon Musk, amidst reports of a $97.4 billion offer. Altman criticizes Musk's tactics as attempts to undermine OpenAI's ...

Business

AIG's Stunning Q4 Comeback: Net Income Jumps 950% to $898M

AIG reports a stunning 950% increase in Q4 net income to $898M, with significant growth in net income per share and investment income. CEO highlights strategic achievements and fin...

Business

Coca-Cola Surpasses Expectations with a 6% Revenue Increase to $11.5B in Q4

Coca-Cola announced a 6% increase in Q4 2024 revenue to $11.5 billion, exceeding expectations. Net income rose by 11% to $2.2 billion, with EPS up 12%. The company's all-weather st...