Are Nvidia’s Glory Days Over? Investors Not Happy
Nvidia’s quarterly forecast was released on Wednesday, and contrary to popular belief, it failed to meet investors’ expectations. As a result, the company’s share fell by 6% in after-hours trading. This affected not only Nvidia but also other tech giants, including AMD, Broadcom, and a few other tech behemoths. Although the company saw heady growth…
John David
Tesla CEO Elon Musk Backs Legislation to Safeguard AI
Elon Musk, Tesla’s CEO and SpaceX’s founder has said that the state of California should pass an AI regulation bill that will require tech companies and AI developers to conduct safety testing and implement safeguards against cyberattacks. Musk, the CEO of social media platform X, who has been involved in AI companies like openeAI and…
Innovative Startup Marketing Strategies That Actually Work
Starting your own business can never be easy, but what about its core marketing? In this highly competitive digital era, growing your brand with metrics is even harder. From performance marketing to social media strategies, core startup marketing strategies assist businesses in outgrowing their diverse channels. As we know, the business world revolves around uncertainties…
Uber Fined $324M: Is Its Europe Business in Jeopardy?
One of the biggest multinational transport companies in the world, Uber, has been hit with a massive Є290 million($324 million) fine for violating European Union laws for data privacy. According to the Dutch Data Protection Authority, Uber, which has its European headquarters in Amsterdam, transferred the sensitive private information of many of its drivers to…
Elon Musk’s Net Worth: Biggest Billionaire in Forbes List!
Elon Musk is one of the smartest minds in the world, and the richest man who has established giant companies like Tesla and Space X. He is a prominent entrepreneur and inventor who focuses on innovations and comes up with thriving ideas to establish technology-based companies. Elon Musk’s journey is no less than any roller…
Time For Apple To Rethink Its Movie Business Strategy
Recently, Apple leaned heavily on its movie business and started producing films with some of Hollywood’s top actors, such as Joaquin Phoenix, Scarlett Johansson, Matt Damon, and many more. Similarly, Apple announced its latest movie, “Wolfs,” starring veteran actors like Brad Pitt and George Clooney. Apple had to fight a bidding war in 2021 to…
USPS’ Plans To Reduce Loss By Cutting Operation Costs
The US Postal Service said on Thursday that it needs to reduce costs more to make its operations and business profitable and improve its overall financial condition. To do that, the postal agency is looking to overhaul its delivery logistics. This might result in a delay in mail delivery for some people. Three years ago,…
Ford Halts EV Production: EV’s Future in Jeopardy?
Ford, which was once pushing for EV production to get ahead of other automakers, is once again slowing down its investment in electric technology and new battery-powered vehicles. Previously, the company announced a big pickup truck and a full-electric three-row electric Sport Utility Vehicle or SUV for its future all-electric lineup. However, the automakers announced…
EU Slashes Tariff Rates: A Winning Move For Tesla?
Recently, the EU imposed import tariffs on China-manufactured automobiles. Among these companies is the biggest automaker in the world, Tesla. However, the EU has curbed its tariffs on Tesla for various reasons. For other car manufacturers, the tariff rate is as high as 36%, but for Tesla, the tariff has been set to 9%, which…
Harris Proposes Raising Corporate Tax Rates To 28%
Vice President Kamala Harris has proposed raising the corporate tax rate from 21% to 28% if she is elected the president of the United States of America in the 2024 presidential elections on November 5. This is her first major plan to raise revenues and finance her expensive presidential pursuits. Harris’s campaign spokesman, James Singer,…