Intel's Gelsinger to Receive Over $7 Million in Severance Pay
Former Intel CEO Pat Gelsinger, who retired effective December 1, will receive over $7 million in severance pay, according to a filing with the United States Securities and Exchang...
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Amazon Smashes Holiday Sales Records: Alexa Devices and More Fly Off Shelves
Amazon.com Inc. announced that its Black Friday week and Cyber Monday deal event was the biggest Thanksgiving holiday shopping event ever. Sales of Alexa-enabled devices, including...
Exxon Mobil Taps Former GM President to Lead Oil and Gas Division
Exxon Mobil announced that Dan Ammann, former president of General Motors, will become president of its oil and gas production division, effective February 1, 2025. Ammann has been...
Amazon Unveils 'Ultracluster': A Revolutionary AI Supercomputer
Amazon Web Services announces 'Ultracluster,' a revolutionary AI supercomputer powered by Trainium chips, set to launch in 2025 and support AI startup Anthropic. The Ultracluster o...
South Korea's Martial Law Declaration Raises Concerns in Kremlin
The Kremlin is closely monitoring the situation in South Korea, where President Yoon Suk-yeol has declared martial law. Kremlin spokesman Dmitry Peskov described the situation as a...
PwC and AWS Join Forces to Revolutionize Generative AI
PwC announced an enhanced strategic relationship with AWS to catalyze generative AI-powered transformation for industry customers, leveraging AWS's GenAI services including Amazon ...
Salesforce Q3 Revenue Surges 8% to $9.44B, Beating Analysts' Expectations
Salesforce Inc. reported Q3 revenue of $9.44 billion, an 8% increase year-over-year, surpassing analysts' expectations. The company also saw a 25% rise in diluted earnings per shar...
Microsoft Accuses FTC of Leaking Probe Details to Media
Microsoft Corporation has accused the United States Federal Trade Commission (FTC) of leaking information about an ongoing antitrust probe to the media. In a letter, Microsoft's Co...
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