Finance
Microsoft’s Massive 15,000-Employee Layoff: Nadella Admits “Deep Remorse”
August 7, 2025 – According to a report from Tech4gamers on the 6th, Microsoft has laid off a total of 15,000 employees this year, a move that has drawn widespread criticism. Some loyal users have even gone as far as to boycott Xbox in response. It’s said that Microsoft’s main motivation behind this decision is…
Microsoft’s 2025 Q4 Net Profit Surges to $27.2 Billion with 24% YoY Growth
July 31, 2025 – Microsoft has just unveiled its financial results for the fourth quarter and the entire 2025 fiscal year. The company’s performance in the fourth fiscal quarter was quite impressive, with revenues reaching 76.441billion,markingan1827.233 billion, a significant 24% jump year – on – year, and diluted earnings per share also rose by 24%…
Qualcomm’s Q3 FY2025: $10.365B Revenue with 25% Net Profit Surge
July 31, 2025 – Qualcomm has just unveiled its financial results for the third quarter of fiscal year 2025. The report reveals that the company’s revenue for this quarter reached 10.365billion,markinga102.666 billion, a 25% jump compared to the same period last year. Diluted earnings per share stood at $2.43, up by 29% year – on…
Samsung Electronics Reports 5.8% QoQ Revenue Decline in Q2 2025
July 31, 2025 – Samsung Electronics has just unveiled its official financial results for the second quarter of 2025. During the reporting period, the company’s consolidated revenue stood at 74.6 trillion Korean won, marking a 5.8% decline from the previous quarter and a marginal 0.7% increase year-on-year. Meanwhile, its operating profit was 4.7 trillion Korean…
Warner Bros. Discovery Unveils Top – Tier Leadership for Next Year’s Two – Company Split
July 30, 2025 – Warner Bros. Discovery made a major announcement today, revealing its intention to split into two separate entities, Warner Bros. and Discover Global, through a tax – free transaction in 2026. The company outlined its leadership arrangements for the upcoming split in the announcement. The split, set to be finalized next year,…
Musk Pushes for Tesla’s Stake in xAI, Seeks Shareholder Approval
July 16, 2025 – Elon Musk has recently put an end to speculation about a potential merger between Tesla and his AI startup xAI, but he’s set to let shareholders decide whether Tesla should invest in the company. This move could further tighten the bonds among the various firms within Musk’s sprawling business empire, which…
Japan’s Govt Secures ‘Golden Shares’ in Rapidus for Advanced Semiconductor Tech Dominance
July 14, 2025 – According to a report from Nihon Keizai Shimbun, on the same day, Japan’s Ministry of Economy, Trade and Industry unveiled the investment conditions set by the Japanese government for the advanced semiconductor manufacturer Rapidus. Rapidus is required to issue “golden shares” to the government. This move implies that the Japanese government…
Nvidia Shatters Records: First Company Ever to Hit $4 Trillion Market Cap
July 10, 2025 – Nvidia has etched its name in the annals of financial history by becoming the first company globally to achieve a staggering market capitalization of $4 trillion. The artificial intelligence computing giant witnessed another remarkable day on the stock market as its share price soared to a new all – time high….
Microsoft Dispels Retirement Rumors: Phil Spencer to Stay at Xbox Helm for Now
July 3, 2025 – Amid swirling rumors that Phil Spencer, the head of Xbox and CEO of Microsoft Gaming, is on the verge of retirement, Microsoft has recently stepped in to set the record straight, stating that he has no immediate plans to step down. The speculation gained traction following Microsoft’s announcement of a new…
Musk’s xAI Amasses $10B, Sets Sights on Creating the World’s Most Powerful AI
July 2, 2025 – According to a CNBC post on July 1, Elon Musk has secured a whopping 10billiontofuelhisAIambitionsandintensifythecompetitionwithOpenAI.Thisfundingcomesintheformofa5 billion debt and $5 billion equity combination. Morgan Stanley revealed on the same day that xAI, the AI company led by Musk, has raised a total of 10billionthroughamixofdebtandequity.Specifically,5 billion was obtained via secured notes and term…