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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.
  • TikTok makes AI driven ad tool available globally

    San Francisco, United States - TikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered tool for...

    The news came with word that Getty Images will make its stockpile of pictures and video available to TikTok's AI‑powered video generation tool called Symphony Creative Studio

    Brands will be able to use Getty's licensed images and videos to create AI-generated ads, including marketing messages featuring characters resembling real people

  • Data Integrity: The foundation of true data freedom

    Ensuring data integrity has become more challenging, leaving organizations at risk of data loss and corruption. during migration

    Organizations must liken preparing for migration to how pilots train to resolve the unexpected

    Data freedom is about ensuring data remains accurate, secure, and usable during migrations

  • US Fed expected to look beyond Trump win and cut rates again

    The labor market has remained resilient, despite a sharp hiring slowdown last month due to adverse weather conditions and a...

    Fed policymakers are expected to focus instead on the health of the US economy

    Their favored inflation gauge eased to 2.1 percent in the 12 months to September

  • AI-Driven technologies drive operational excellence, helping meet sustainability goals

    Industrial AI and digital technologies are revolutionizing energy infrastructure, helping companies across asset-intensive sectors achieve operational excellence

    The rising costs of conventional energy provide a strong argument for investing in energy efficiency

    Carbon capture is a definitive decarbonization solution, although requiring substantial capital and energy to operate

  • Altegio in UAE market to local boost digital transformation

    Unlike other automation platforms that redirect customers to third-party websites, Altegio keeps booking processes within the client’s own ecosystem.

    Altegio’s platform offers over 30 specialized tools that streamline operations across marketing, sales, finance, and team management

    Founded in 2022 by a group of international entrepreneurs, Altegio has rapidly grown to serve over 10,000 businesses across 89 countries

  • Global VC investment falls to lowest level in nearly seven years

     Global VC investment fell from a five-quarter high of US$95.5 billion in Q2'24 to a nearly seven-year low of US$70.1...

    Global VC investment drops from US$95.5 billion to US$70.1 billion quarter-over-quarter

    AI accounts for six of ten largest VC deals globally in Q3'24

  • Troubled Boeing faces investors and awaits strike vote

    Boeing, the beleaguered aviation giant announces what is expected to be its biggest quarterly loss in four years, and striking...

    Analysts estimate a loss of US$6.1 billion, its biggest since the fourth quarter of 2020

    On October 15, Boeing announced it plans to raise up to US$25 billion to navigate the period

  • Microsoft unveils autonomous AI agents for business tasks

    San Francisco, United States - Microsoft on Monday said it was enhancing its AI offerings with new autonomous agent capabilities as...

    AI agents are specialized programs designed to perform routine tasks autonomously, such as sifting through sales leads or handling customer service inquiries

    The AI agent has become the newest buzzword for major software companies that are investing billions in powerful AI models, which they believe will shape the future of computing

  • Netflix adds millions of subscribers but growth slows

    San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...

    The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion

    Netflix shares rose nearly five percent to $720.75 in after-market trades, trading at slightly more than double the price from a year earlier

  • Boeing to cut 10% of workforce

    The company has projected a large third-quarter loss.

    The aviation giant must "reset our workforce levels to align with our financial reality," Chief Executive Kelly Ortberg said

    The company announced a series of belt-tightening measures and production delays in the wake of the nearly monthlong strike of 33,000 workers