Bill Ackman's Massive Stake in Uber Ignites an 8% Stock Surge
Uber's stock surged 8% after Bill Ackman revealed a 33.3 million-share stake, praising the company as one of the best-managed globally and highlighting CEO Dara Khosrowshahi's lead...
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Meta Platforms Inc. Announces Upcoming Staff Layoffs on Monday
Meta Platforms Inc. is set to announce significant staff layoffs this Monday, affecting around 3,600 employees identified as low-performing. Affected staff will receive details of ...
Legal & General Group Plc Strikes a $2.3 Billion Deal with Meiji Yasuda Life Insurance
Legal & General Group Plc has agreed to sell its US protection business to Meiji Yasuda Life Insurance Company for $2.3 billion, with the deal expected to close by end of 2025. Thi...
Tesla Faces a Challenging Start in China: January Deliveries Drop by 11.5%
Tesla Inc. witnessed an 11.5% decrease in electric vehicle sales in China for January, as reported by the CPCA. Meanwhile, BYD, a Chinese competitor, experienced a 47.5% increase i...
Meta Partners with UNESCO to Revolutionize AI Translation for Underserved Languages
Meta Platforms Inc. collaborates with UNESCO to enhance AI translation for underserved languages, seeking global linguistic contributions for its Language Technology Partner Progra...
SoftBank to Pour $40 Billion into OpenAI, Valuing AI Giant Beyond $300 Billion
SoftBank Corp. is reportedly investing $40 billion in OpenAI, potentially valuing the AI startup at over $300 billion. Part of the investment will support the Stargate AI project, ...
Uber's Stock Skyrockets 8% Following Bill Ackman's High Praise and Investment
Uber Technologies Inc. sees an 8% stock surge after Bill Ackman's endorsement and investment, highlighting the company's strong management and growth potential under CEO Dara Khosr...
Amitabh Kant Advocates for District-Level Data Focus in Statistics Ministry for Enhanced Policy Design
Amitabh Kant urges India's statistics ministry to focus on district-level data for better policy design, leveraging AI and ML for enhanced data collection and integrating non-tradi...
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