Enterprise

Samsung Electronics, one of the leading tech giants in South Korea, recently witnessed a surge in its stock prices, reaching the highest level since January 2021. This remarkable increase was driven by the company’s optimistic profit forecast for the second quarter, primarily fueled by the growing demand for artificial intelligence technologies. According to the guidance
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In a recent announcement by California’s Civil Rights Department, it was revealed that Microsoft has agreed to pay $14.4 million to settle a case in California involving allegations of retaliation against employees who took legally protected time off. This settlement highlights the ongoing challenges faced by employees when it comes to workplace rights and the
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Tesla saw a surge in its stock price after announcing its second-quarter production and delivery figures, which surpassed analyst predictions. The company delivered 443,956 vehicles and produced 410,831 vehicles in Q2 2024, beating expectations. Analysts had estimated deliveries to reach 439,000 for the quarter, but Tesla exceeded that number by a significant margin. The stock
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Salesforce investors have recently voted against the company’s compensation plan for top executives, citing concerns about the equity awards granted to CEO Marc Benioff. During the annual meeting, the resolution to approve the compensation plan received 339.3 million votes in favor and 404.8 million against. Shareholder advisory groups like Glass Lewis and Institutional Shareholder Services
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The recent accusation of Meta by EU regulators for failing to comply with the bloc’s antitrust rules over its ad-supported subscription option has raised concerns about the company’s practices. This article critically analyzes the situation and delves into the implications of Meta’s actions. The Commission’s critique of Meta’s ad-supported subscription option as a “pay or
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