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Business

Apple Achieves Record Q1 2025 Revenue with a 4% Surge to $124.3 Billion

Apple Inc. reported a 4% increase in Q1 2025 revenue to $124.3 billion, driven by strong product sales and a significant rise in services revenue. Despite a slight decrease in iPho...

Business

Samsung's Q4 Revenue Skyrockets by 12% to $52.5B Amid Market Challenges

Samsung Electronics Co. reports a 12% increase in Q4 2024 revenue to $52.5B, with operating profit at $4.5B. Despite market challenges, annual revenue hits second-highest record at...

Business

New Cap on Senior Citizen Health Premium Hikes: A Relief Amid Rising Costs

Irdai caps senior citizen health premium hikes at 10% to combat rising mediclaim costs, urging insurers to standardize hospital empanelment and negotiate package rates for fairness...

Business

Whirlpool India Stocks Drop 20% Following US Parent's Major Stake Reduction Announcement

Whirlpool India's shares fell 20% after its US parent, Whirlpool Corporation, announced plans to reduce its stake in the Indian entity to about 20%. The move is expected to generat...

Business

US DoJ Challenges HPE's $14 Billion Juniper Acquisition Over Antitrust Concerns

The US Department of Justice has sued to block HPE's $14 billion acquisition of Juniper Networks, citing antitrust concerns. The deal, if allowed, could lead to market consolidatio...

Business

Amazon Shifts Strategy: Boosting Ad Spend on X.com Amidst New Opportunities

Amazon.com Inc. is increasing its advertising on X.com, reversing its previous decision to reduce ad spend due to content moderation concerns. CEO Andy Jassy influenced this strate...

Business

Apple Achieves Record-Breaking $124.3 Billion Revenue in Q1 2025, Marking Its Best Quarter Ever

Apple Inc. reports a 4% increase in Q1 2025 revenue to $124.3 billion, driven by a surge in product sales to $97.9 billion. Despite a slight dip in iPhone sales, services revenue g...

Business

DoJ Challenges HPE's $14 Billion Juniper Acquisition Over Antitrust Fears

The U.S. Department of Justice sues to block HPE's $14 billion acquisition of Juniper Networks, citing antitrust concerns that could raise prices and reduce innovation, leaving onl...