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Business

McDonald's Q4 Earnings Report: A Slight Dip in Revenue to $6.39 Billion Sparks Interest

McDonald's Q4 fiscal 2024 report shows a 0.2% revenue decline to $6.39 billion, missing forecasts. Despite a 1% net income drop to $2 billion, EPS held steady at $2.80. Annual reve...

Business

MicroStrategy Expands Its Bitcoin Treasury with a $742.4 Million Investment

MicroStrategy, now known as Strategy, has significantly increased its Bitcoin holdings by acquiring an additional 7,633 Bitcoin for $742.4 million, reinforcing its position as a le...

Business

BYD Elevates Smart Vehicles with DeepSeek-R1 AI Integration for Enhanced User Experience

BYD announces the integration of DeepSeek-R1 AI into its smart vehicles, enhancing reasoning abilities and user experience. The company also introduces new standard configurations,...

Business

Brazil Considers Digital Tax on US Tech Giants in Response to Trump's Steel Tariffs

Brazil is considering a digital tax on US tech platforms like Amazon, Google, and Spotify in response to President Trump's steel tariffs. This move aims to protect Brazilian indust...

Business

Hyatt Expands Its Horizon: A $2.6 Billion Deal to Acquire Playa Hotels & Resorts

Hyatt Hotels Corporation announces a $2.6 billion deal to acquire Playa Hotels & Resorts, aiming to expand its luxury all-inclusive resort portfolio in Mexico and the Caribbean. Th...

Business

Lyft to Revolutionize Urban Mobility with Mobileye-Powered Robotaxis by 2026

Lyft Inc. is gearing up to launch a fleet of robotaxis by 2026, leveraging Mobileye's self-driving technology. With Dallas as the starting point and Marubeni Corporation as a strat...

Business

Sundar Pichai Warns of the Perils of Overlooking AI at Paris Summit

Google's CEO Sundar Pichai emphasizes the critical importance of embracing AI, warning against the risk of missing out on its transformative potential. He outlines AI's vast impact...

Business

Indian IPO Market Faces Sharp Decline as $4 Billion Stock Lockups Expire

The Indian stock market faces a downturn as $4 billion in stock lockups expire, affecting major companies and continuing the IPO rush amidst economic concerns.