Finance
Brian Niccol: Starbucks to Keep Major Equity in China, Eyes Sustained Market Expansion
October 31, 2025 – During yesterday’s earnings call, Brian Niccol, Chairman and CEO of Starbucks, addressed the progress regarding the potential sale of equity in its Chinese business, a topic that has drawn significant market attention. Niccol stated, “We’ve received strong interest from multiple high-quality partners who recognize the immense value of the Starbucks brand…
Google’s Generous Gift: 18-Month Free AI Pro Subscription for Jio Users
October 31, 2025 – In a strategic move to bolster its AI presence in emerging markets, Google has forged a partnership with Reliance Industries, led by India’s richest man Mukesh Ambani, to bundle its AI Pro subscription service at no extra cost with Jio’s 5G plans. Reliance stands as India’s most valuable enterprise, and Jio…
Amazon Set for Largest Job Cuts Since 2023: Up to 30,000 Positions at Risk
October 28, 2025 – Amazon is potentially on the verge of launching its most extensive round of layoffs since 2023. On Monday, Reuters cited insiders as saying that Amazon might start cutting as many as 30,000 corporate positions starting from Tuesday local time. This wave of layoffs is expected to impact multiple departments, including human…
Nintendo’s Customer Support Outsourcing to South America: 200 Long – Term U.S. Contract Workers Lose Jobs
September 22, 2025 – According to a report from IGN yesterday, Nintendo of America has made the decision to outsource its customer support operations to South American countries, including Argentina, Brazil, and Nicaragua. This move has led to the loss of jobs for approximately 200 contract workers in the United States who had been handling…
NVIDIA & Intel Unveil Plans for Groundbreaking Chips, TSMC to Handle Manufacturing
September 19, 2025 – At recent press events held by NVIDIA and Intel, NVIDIA’s CEO Jensen Huang expressed his enthusiasm about being an Intel shareholder, highlighting that the returns from this investment are poised to be fantastic. As reported by Seeking Alpha, Huang disclosed that TSMC will serve as the foundry for the “revolutionary” chips…
Oracle’s MySQL Team Faces Massive Layoffs: A Glimpse into the Software’s Uncertain Future
September 18, 2025 – Last week, a report from The Register sent shockwaves through the tech world, revealing that Oracle had carried out a significant round of layoffs within its core MySQL database development team, sparking concerns about the future of the widely – used software. A well – placed senior source within the MySQL…
Figure AI’s Valuation Soars to 39BAmid1B+ Investment in Humanoid Tech
September 17, 2025 – Figure AI, a company at the forefront of developing humanoid robots, has secured over 1billionincommittedcapitalinanewfundinground,catapultingitsvaluationto39 billion. If the deal closes as planned, Figure AI will join the ranks of the most valuable startups globally. The funding announcement was made on Tuesday, although the process had been in motion for most of…
TikTok Gets Another Reprieve: Fourth Extension Looms in U.S.
September 15, 2025 – According to Reuters, sources familiar with the matter have revealed that the Trump administration is expected to once again extend the deadline for ByteDance to divest its TikTok business in the United States. Earlier, the U.S. government had demanded that ByteDance complete this divestment by September 17 of this year. This…
Larry Ellison Leaps Over Musk: First – Time Global Wealth Summit Victory
September 11, 2025 – In a stunning turn of events, Larry Ellison, co – founder of Oracle, has dethroned Elon Musk to claim the title of the world’s richest person for the first time, according to the latest Bloomberg Billionaires Index. Ellison’s net worth soared to a staggering 393billion.ThisremarkablejumpwastriggeredbyOracle′squarterlyresults,whichfarexceededmarketexpectations.Thecompanyalsogaveapositiveoutlookonitsfuturegrowthprospects.At10:10a.m.NewYorktime,Ellison′sfortunesurgedby101 billion, surpassing Musk’s $385 billion. This…
Samsung Heir Lee Ji-ho Chooses Korean Military Service Over U.S. Citizenship
September 11, 2025 – According to South Korean media outlet Chosun, Lee Jee – ho, the son of Samsung Electronics Chairman Lee Jae – yong, is set to renounce his U.S. citizenship and fulfill his military service obligations in South Korea. Lee Jee – ho is scheduled to enlist as a naval officer candidate in…