Media

Apple's Secret AI Lab in Zurich Poised to Enhance iPhone Capabilities, Poach Google Staff
PayPal Raises Annual Outlook, Expands Q1 Margins Amid Competitive Pressure from Apple
Jim Cramer Rejects Illumina As 'It's Not Well-Run,' Recommends Buying This Tech Stock 'Right Here, Right Now'
PayPal Raises Annual Outlook, Expands Q1 Margins Amid Competitive Pressure from Apple
Jim Cramer Rejects Illumina As 'It's Not Well-Run,' Recommends Buying This Tech Stock 'Right Here, Right Now'
Elon Musk Cracks Whip Harder: 2 More Senior Tesla Execs Reportedly Exit As CEO Demands 'Absolutely Hardcore' Workforce, Cost Cuts
Nvidia CEO Jensen Huang Predicts AI Will Make Companies Hire More Workers With Higher Earnings: 'There Are Circumstances... Machines Are Just Not Going To Understand'

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Google Announces Layoffs Across Key Teams As It Gears Up For I/O Developer Conference
Google confirms layoffs in vital teams ahead of annual I/O conference, aiming to align resources with product priorities and reduce bureaucracy.
Delta Air Lines, JPMorgan And More On CNBC's 'Final Trades'
JP Morgan's Anastasia Amoroso picks iShares US Consumer Discretionary ETF as consumer spending picks up, while Jim Lebenthal chooses Delta Air Lines.
Back To The Office: Macy's Reportedly Takes A Stand With In-Person Policy
Macy's reportedly plans a new office attendance policy, mandating corporate staff to be in-office twice weekly starting May 13. Failure to comply may lead to disciplinary measures, including termination. The move, affecting one-third of Macy's corporate workforce, follows a trend in corporate America emphasizing physical office presence for better collaboration.
Goldman Sachs Mulls GM Credit-Card Program Shift To Barclays: Report
Goldman Sachs reportedly considers transferring its General Motors credit-card program to Barclays, signaling a significant shift away from consumer lending. With Barclays emerging as the frontrunner, the potential $2 billion deal could reshape the credit landscape by summer.
Coca-Cola Contemplates $8B IPO For African Bottling Unit: Report
Coca-Cola reportedly eyes $8 billion valuation for African bottling arm IPO. Plans for dual listing in Johannesburg and Amsterdam. Discussions underway, but details subject to change.
What's Going On With Banking Giant HSBC Today?
HSBC experiences a surge in stock value following first-quarter results and CEO Noel Quinn's surprise retirement announcement. Quinn, leading the company for five years, spearheaded global asset sales, emphasizing growth in Asia.
Nigeria Reportedly Audits Shell's $1.3B Onshore Oilfield Sale
The Nigerian oil regulator evaluates Shell's divestment of its onshore subsidiary to Renaissance consortium. Assets have 6.73B barrels of oil & 56.27T cubic feet of gas.
Oracle Has More Employees In California Than HQ Texas, Documents Show Ahead Of Nashville Move: Report
Discover Oracle's Next Move: Nashville Bound from California and Texas. Learn about Chairman Larry Ellison's plans for the tech giant's relocation, uncovering insights into Oracle's shifting headquarters landscape and its impact on employee distribution and operational hubs across the U.S.
CNBC Host Finds Paramount Earnings Call Lasted Just As Long As Led Zeppelin's 'Stairway To Heaven' But Only One Included 'Tidbit Of CEO Getting Fired'
The earnings call was significant due to the announcement of CEO Bob Bakish's departure from Paramount Global amid ongoing merger talks with Skydance Media.
Cancer-Stricken Laos Immigrant Claims $650M Powerball Jackpot, Wonders How He's 'Going To Have Time To Spend All Of This Money'
Saephan immigrated to the U.S. from Laos in 1994. He is a member of the Iu Mien community, an ethnic group with origins in southern China.
After Biden Signs TikTok Ban Into Law, Top EU Leader Says Not Ruling Out Action Against Chinese Platform: 'We Know Exactly The Danger'
European Commission President Ursula von der Leyen stated that a TikTok ban in the EU is a possibility, mirroring steps already taken against the platform on Commission corporate phones.
Microsoft, Meta, and Alphabet Ramp Up AI Investments, Spend Over $32B in Q1
Microsoft, Meta Platforms, Google, and other tech giants are investing heavily in AI infrastructure, signaling a shift to AI plumbing with billions of dollars being spent on data centers and other capital expenses.
Why Burgers In California Cost More Than Other States?
Amid California's minimum wage hike, restaurants statewide witness a 10% menu price surge, eclipsing other regions. Chipotle Mexican Grill leads with a 6% to 7% increase in its nearly 500 California locations.

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