Indian IT firms are navigating through market volatility and bearish sentiments by focusing on cost reduction and efficiency. With significant stock declines and uncertainties from...
Shell plc announces a strategic increase in shareholder distributions to 40-50% of cash flow, alongside a commitment to cut spending and boost efficiency, aiming for leadership in ...
Shell plc announces a strategic shift to increase shareholder distributions to 40-50% of cash flow from operations, maintain progressive dividends, and cut spending to $20-22 billi...
Ant Group Co. Ltd. is innovatively using semiconductors from both China and the US to cut AI development costs and time, while also reducing dependency on single suppliers. The com...
Ant Group Co. Ltd. is cutting AI development costs by using semiconductors from both China and the US, reducing reliance on single suppliers like Nvidia. The company has also unvei...
Ant Group is innovatively using semiconductors from both the US and China to cut AI development costs and time, while also reducing dependency on single suppliers. The company has ...
Southwest Airlines Co. is closing two crew bases in Florida and Texas to reduce costs, affecting flight attendants and following a previous layoff of 1,750 corporate employees.
Amazon Web Services introduces the Ocelot quantum computing chip, promising up to 90% cost reduction in quantum error correction. Featuring 'cat qubits' for natural error suppressi...
Moderna Inc. reports a 65% drop in Q4 revenue to $966 million, with a net loss of $1.1 billion. Despite challenges, Spikevax sales hit $923 million, and the company plans significa...
Deloitte UK plans to reduce its travel and expense budget by 50% in response to challenging market conditions in the professional services sector. The temporary measures aim to pre...
The Porsche-Piech family, majority shareholder of Volkswagen Group, is pushing for the closure of several plants in Germany to cut costs and increase competitiveness. However, boar...
