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Italy Takes Immediate Action: DeepSeek Blocked Amidst Data Protection Concerns

Italy has immediately blocked DeepSeek to protect user data, launching an investigation into the company. The move follows the market impact of DeepSeek's V3 model, which caused si...

Business

OpenAI Eyes $40 Billion Funding Boost: A Leap Towards $340 Billion Valuation

OpenAI is in talks for a $40 billion funding round, potentially raising its valuation to $340 billion. SoftBank may lead with a $15-25 billion investment, supporting OpenAI's $18 b...

Business

Amazon Ramps Up Ad Spending on X: A Strategic Shift in Digital Marketing

Amazon.com Inc. is increasing its advertising spending on X.com, a significant shift from its previous strategy, with CEO Andy Jassy playing a key role in this decision. Apple Inc....

Business

Intel Faces a Challenging Quarter: Q4 Revenue Drops 7% to $14.3 Billion

Intel Corporation reported a 7% decrease in Q4 2024 revenue to $14.3 billion, with a significant drop in GAAP diluted loss per share. The company's annual revenue also saw a 2% dec...

Business

Visa Surges Ahead: A 10% Revenue Jump to $9.5B in Q1 2025

Visa Inc. reports a 10% revenue increase to $9.5B in Q1 2025, with a 5% rise in GAAP net income and an 8% jump in earnings per share. CEO Ryan McInerney highlights strong holiday s...

Business

Apple Achieves Record Q1 2025 Revenue with $124.3 Billion, Driven by Robust Product Sales and Service Growth

Apple Inc. reports a 4% increase in Q1 2025 revenue to $124.3 billion, driven by strong product sales and service growth. Despite a slight decrease in iPhone sales, the company's n...

Business

US Department of Justice Challenges HPE's $14 Billion Juniper Networks 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, aimed at enhancing HPE's networking business,...

Business

Italy Takes Swift Action: DeepSeek Blocked Immediately Amid Data Privacy Concerns

Italy's Data Protection Authority has immediately restricted DeepSeek to protect user data, sparking an investigation into the company. The move follows debates over DeepSeek V3's ...