Intel Faces Shareholder Lawsuit After $32 Billion Market Value Evaporation

August 08, 2024 – Intel, the U.S. chipmaking giant, faced a class-action lawsuit from its shareholders on Wednesday, according to a report by Reuters. The plaintiffs accused the company of concealing significant operational issues, leading to poor performance, massive layoffs, and the suspension of dividends. Consequently, the company’s stock price evaporated more than $32 billion…

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Managing Expectations: OpenAI’s Cautionary Note on AI Business Transformations

December 05, 2023 – OpenAI’s Cautionary Note on Rapid Business Transformation with AI While OpenAI is actively working towards expanding its enterprise user base, some of the company’s top executives are cautioning against expecting rapid, transformative changes in their businesses through this technology. In an interview with CNBC, OpenAI’s Chief Operating Officer, Brad Lightcap, emphasized…

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Meta’s Bold Move: Patent Application Signals Intent to Replicate Apple’s Vision Pro EyeSight Feature

July 23, 2024 – In a surprising move, Meta has filed a patent application revealing its intention to integrate a version of Apple’s controversial “EyeSight” feature from the Vision Pro into its own line of virtual reality headsets. This announcement by Meta has garnered significant attention within the tech community, particularly given the mixed reception…

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Boeing Soars with 35% Revenue Surge in Q2 2025

July 30, 2025 – Boeing announced its financial results for the second quarter of 2025 today, revealing a significant uptick in revenue and a reduction in net losses compared to the same period last year. The aerospace giant reported revenue of 22.75billion,a3516.866 billion in Q2 2024, surpassing market expectations of 21.844billion.Despitethepositiverevenuegrowth,Boeingstillpostedanetlossof612 million, though this marked…

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