Finance
Apple Faces Tougher Scrutiny in Germany as Court Dismisses Appeal
March 19, 2025 – Apple Inc. suffered a setback this Tuesday as the German Federal Supreme Court dismissed its appeal against the country’s antitrust authority, paving the way for tighter regulatory scrutiny of the tech giant in Germany. The ruling upholds the decision by the German Cartel Office in 2023, which designated Apple as a…
Adobe Stock Hits Lowest Since May 2023 Amid AI Monetization Doubts
March 14, 2025 – Adobe’s shares dropped by 8.6% today, reaching their lowest level since May 2023. This decline followed the company’s announcement on Wednesday of its second-quarter revenue guidance, which is expected to range between 5.77billionto5.82 billion, aligning with market expectations. According to Reuters, Adobe is confronting fierce competition from startups while making slow…
Buffett’s 2025 Letter: A Lifetime of Reliance on Stocks without Special Talents
February 23, 2025 – Berkshire Hathaway, the company owned byWarren Buffett, released its annual letter to shareholders yesterday evening. In the letter, Buffett revealed that Berkshire’s performance in 2024 exceeded expectations, with operating earnings reaching $47.4 billion and a stock market return of 25.5%, surpassing the S&P 500’s gain of 25%. Over the long term,…
Sony PlayStation to Boost Family Game Offerings Following “Cosmic Robots” Triumph
February 14, 2025 – Following the success of “Cosmic Robots” being named the Best Platform Game of the Year, PlayStation has announced plans to introduce more family-friendly titles. According to a report by VGC, Sony’s President, Yuji Hirota, mentioned during yesterday’s earnings call that the accolades recently received by the platform game, developed by Team…
Samsung Implements New Strategy: Linking Employee Bonuses to Stock Performance
January 20, 2025 – Samsung Electronics, the South Korean technology giant, is navigating through one of the most challenging periods in its history. The company has seen a significant decline in its share price over the past six months, primarily due to issues within its memory and semiconductor chip business. In response to this predicament,…
TikTok’s CEO Vows to Secure Platform’s Flourishing, Expresses Appreciation to Trump
January 18, 2025 – In a video message released on TikTok just four hours ago, the platform’s CEO, Shou Zi Chew, assured the public that he would leave no stone unturned to ensure TikTok’s continued prosperity. On Friday local time, the U.S. Supreme Court handed down a ruling declaring the “ban if not sold” law…
TikTok’s Fate in US Sealed as Supreme Court Supports Ban
January 18, 2025 – The United States Supreme Court has ruled in favor of maintaining the ban on short-video social media platform TikTok, setting the stage for the app’s potential removal from US markets as early as January 19th. In a unanimous decision, the Supreme Court stated that the provisionss at issue do not violate…
Apple Pay Expands ‘Buy Now, Pay Later’ Option in Partnership with Synchrony
January 17, 2025 – Following the discontinuation of its own “buy now, pay later” service, Apple Pay Later, in June 2024, Apple has announced a new partnership with Synchrony, a leading financial services company. Together, they have launched “Synchrony Installments,” a new “buy now, pay later” option for customers in the United States. The upcoming…
US Wraps Up Probe into Cruise Self-Driving Car Safety for Pedestrians
January 17, 2025 – The U.S. auto safety regulator announced on Wednesday local time that it has concluded its investigation into whether Cruise, the autonomous driving subsidiary of General Motors, had taken adequate measures to ensure pedestrian safety. The National Highway Traffic Safety Administration (NHTSA) launched the probe in October 2023, citing five incidents where…
Stellantis Italian Factory Hits 68-Year Low: Private Car Production Falls 46%
January 4, 2025 – According to a report published by Reuters on January 3rd, automaker Stellantis has experienced a significant drop in production at its Italian factories in 2024. The output fell by 37% compared to the previous year, marking the lowest level since 1956 and sparking concerns within the industry. The FIM-CISL union revealed…