The recent elections at Amazon’s facility near Raleigh, North Carolina, have issued a significant setback to unionization efforts within the company. On Saturday, workers overwhelmingly voted against unionizing, with only 829 out of 3,276 ballots cast in favor of the initiative. This vote comes amid a prolonged campaign by the Carolina Amazonians United for Solidarity
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In an era marked by rapid technological advancements and shifting political landscapes, Trump Media & Technology Group (TMTG) has found itself at a crossroads. After recently publishing its 2024 financial results, the company has given investors plenty to ponder regarding its future trajectory. With a decline in revenue and a widening net loss, TMTG’s performance
Arm Holdings recently experienced a notable surge in its stock prices, climbing 6% following reports indicating the company’s shift towards developing its own proprietary chips. This strategic move aligns with the increasing demand for tailored solutions in the semiconductor industry, particularly as tech giants like Meta invest heavily in artificial intelligence (AI). By positioning itself
Airbnb, a pioneer in the home-sharing economy, has recently showcased a robust performance with its latest quarterly earnings report. The company, known for shaking up the traditional hospitality sector, presented its financial results which pleased investors and analysts alike. This article examines Airbnb’s performance, underlying factors, and future outlook following the release of its earnings
On Thursday evening, TikTok made its comeback to the Apple and Google app stores, much to the relief of its millions of users in the United States. The Chinese-owned platform had faced removal from the digital shelves starting January 18, following TikTok’s suspension of services in the U.S. This action was in direct response to
Artificial Intelligence (AI) continues to evolve rapidly, with companies around the globe striving to innovate and secure their positions in a market that is becoming increasingly competitive. Among the frontrunners in this race is Baidu, a prominent tech company from China, which is reportedly set to unveil its next-generation AI model, Ernie 5.0, by the
In an age where financial technology continues to evolve at a breakneck pace, Affirm, a trailblazer in the buy now, pay later (BNPL) sector, is making waves by expanding its services beyond credit. Founded by Max Levchin, the company recognized a gap in the market for a payment solution that allows users to manage their
In a significant move, Google Calendar has ceased marking the first days of important observances such as Black History Month and Women’s History Month, among others. This decision, which aligns with changes made in mid-2024, has sparked discussions about the tech giant’s commitment to cultural representation and inclusivity. While the Calendar team previously made efforts
In a recent gathering in Paris, a notable discussion unfolded regarding the advancements in artificial intelligence, particularly revolving around the Chinese firm Deepseek. Demis Hassabis, the CEO of Google DeepMind, deemed Deepseek’s AI model as potentially the finest to arise from China. Nevertheless, he tempered this praise with a significant caveat — the model lacks
In a notable turn of events, Verily, part of Alphabet’s “Other Bets” portfolio, confirmed its decision to sell Granular Insurance Company to Elevance Health. This development signifies not only a shift in strategy for Verily but also highlights the evolving landscape of health technology and insurance. Granular Insurance, launched initially in 2020 under the name