Abercrombie & Fitch: A Sordid History Unraveled
Abercrombie & Fitch, a prominent name in retail, is currently embroiled in a damaging scandal. Allegations of sexual misconduct against its former CEO, Mike...
Real GDP in the US rose by 2.0% in Q1 2023
Real GDP in the US rose by 2.0% in the first quarter of 2023, according to the US Chamber of Commerce's third estimate. In...
AI-Powered Travel Planning: Booking.com’s Novel Approach
Booking.com, a significant player in the global travel industry, has launched a conversational AI tool in beta form to select US travelers. The new...
Volvo to adopt Tesla’s NACS charging port
Swedish automaker Volvo has become the first European car manufacturer to adopt Tesla's North American Charging Standard (NACS) port.
Volvo announced that starting from 2025,...
Meta’s Bold Leap into Virtual Reality: High Risk, High Reward Strategy Explored
Meta, the parent company of Facebook and Instagram, has launched a unique subscription service for its virtual reality (VR) Meta Quest+. This initiative represents...
HSBC to Bid Adieu to its Canary Wharf HQ by 2027, Eyes Return to...
In a significant operational overhaul, HSBC is primed to bid farewell to its towering 45-story Canary Wharf headquarters, eyeing a potential move back to...
Snowflake Partners with Microsoft and NVIDIA to Supercharge AI
Snowflake, a leader in the data cloud sector, started its Summit 2023 event in Las Vegas with two monumental announcements: an expanded partnership with...
Regulator Directs Medibank to Allocate $167 Million in Response to Data Breach
Medibank, one of Australia's leading insurers, is grappling with the aftermath of a significant data breach that has prompted the Australian Prudential and Regulation...
Risk of recession in US rising
Three major headwinds could undermine America's chances of continuing its economic recovery that began two years ago. The three headwinds are high inflation, Russia's...
Cost of living in Russia up by over 14%
Since invading its neighbor Ukraine, the cost of living in Russia has increased significantly. According to official figures, sugar and other household staples have...