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Google Issues Warning to Indian App Developers, Threatens Removal from Play Store: Bharat Matrimony, Info Edge, Unacademy, Kuku FM and Others in Focus
Google has issued a warning to app developers in India, stating that it will remove their apps from the Play Store if they don’t follow […]
India’s Q3 GDP Surges: Exceeds Expectations with Impressive 8.4% Growth
India’s economic landscape witnessed a remarkable upswing in the third quarter as the Gross Domestic Product (GDP) soared beyond expectations. The Ministry of Statistics and […]
Vanguard CEO Tim Buckley Announces Departure as $7.2 Trillion Asset Manager
Vanguard’s CEO, Tim Buckley, is set to resign from his position at the helm of the $7.2 trillion asset management firm. Recently, Vanguard made headlines […]
Apple’s AI Ambitions: Tim Cook Defends Investments and Teases Game-Changing Plans
Apple CEO Tim Cook recently addressed concerns about the company’s commitment to artificial intelligence (AI) during the annual shareholder meeting in 2024. Cook passionately defended […]
January Economic Snapshot: Stable PCE Inflation, Mixed Signals in Personal Income and Spending, Jobless Claims Edge Up
In January, the Personal Consumption Expenditures (PCE) inflation, which is the preferred measure of inflation by the Fed, stayed at 2.4%, just as experts predicted. […]
RBC says Tesla’s utility battery business might be more valuable than its car business
RBC maintains an Outperform rating and a $297 price target on Tesla, underlining the continued importance of autonomous driving for Full Self-Driving (FSD) and the […]
Snowflake’s Stellar Q4 Performance: Surpasses EPS and Revenue Estimates, Frank Slootman Sells $200 Million in Shares
In the fourth quarter, Snowflake reported earnings per share (EPS) of $0.35, surpassing the estimated $0.17. The revenue for the quarter reached $774.7 million, exceeding […]
iPhone 15 Faces Price Cuts in China Amid Declining Demand; Apple’s Sales Drop by 13%
Resellers in China are cutting the prices of iPhone 15 models by up to $180, indicating a prolonged drop in demand. iPhone 15 Pro Max […]
NetEase Q4 Earnings: Revenue Misses Estimates at CNY27.14B, EPS Falls to $1.60 (Est. $1.73) as Gaming Boosts Profits and Cloud Music Returns to Profitability
– NetEase’s Q4 adjusted EPS falls short of estimates at $1.60 (Est. $1.73). – Q4 Revenue stands at CNY27.14B, missing the estimated CNY28.2B. – Non-GAAP […]
Corporate Governance Probe: MCA Investigates Hero MotoCorp and MG Motor India, Targets June Conclusion
The Ministry of Corporate Affairs (MCA) is expediting its investigation into Hero MotoCorp and MG Motor India for corporate governance breaches, aiming to conclude the […]
SoftBank sells 2.17% stake in One97, Earlier Warren Buffett’s Berkshire Hathaway exits with 2.46% stake, incurring 830 crore rupees loss
SoftBank has recently engaged in further divestment from Paytm’s parent company, One97 Communications, selling an additional 2.17% stake through open market operations. This transaction has […]