TGI Friday’s Inc. has filed for Chapter 11 bankruptcy
Texas-based casual dining chain TGI Friday's Inc. has filed for Chapter 11 bankruptcy. The company operates 39 of TGI Friday's corporate-owned restaurants in the...
Anthropic says AI regulation is crucial for a safer future
According to Anthropic, there is an urgent need to have regulatory frameworks in place to address the growing risks of artificial intelligence (AI) misuse.
AI...
Tech giants bet big on AI and cloud infrastructure
Tech giants are experiencing a transformative period. Companies like Meta, Microsoft, Alphabet, and Amazon are making substantial investments in cloud infrastructure and artificial intelligence...
ExxonMobil reports net income of $8.6 Billion in Q3 and record production
ExxonMobil reported third-quarter net income of $8.6 billion, down 5% compared to last year's quarter.
Revenue for the third-quarter decreased by only 1% year-over-year...
Tuberculosis overtakes COVID-19 as leading infectious disease killer
According to the World Health Organization, tuberculosis (TB) surpassed COVID-19 as the world’s top infectious disease killer in 2023. Last year, approximately 8.2 million...
Apple reports mixed fourth-quarter performance
Apple reported mixed fourth-quarter performance. Revenue and earnings per share beat what Wall Street expected, but net income took a hit from one-time $10.2...
Microsoft Q1 2025 earnings: strong growth driven by cloud and AI integration
Impressive Financial Performance with Revenue Growth
Microsoft Corporation reported revenue of $65.6 billion for Q1 of fiscal year 2025, marking a 16% year-over-year increase. Analysts...
U.S. economic growth maintained in third quarter, driven by consumer and government spending
The U.S. economy grew at an annual rate of 2.8% in the third quarter of 2024, according to data released by the U.S. Bureau...
U.S. job openings decline in September, signaling a cooler labor market
In the United States, job openings in September declined significantly to 7.4 million, their lowest level since January 2021, according to the September Job...
Reddit reported third-quarter revenue of $348.4 million, up 68% year-over-year
Reddit is now a profitable company. The social media platform, which went public in March, announced its third-quarter results on Tuesday, and the results...
