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05 Aug 2024

Intel Announces Massive Layoffs: 15,000 Jobs Cut Amid Tech Industry Downturn

Intel, the semiconductor giant, plans to cut 15,000 jobs in one of the largest tech layoffs since the COVID-19 pandemic. This move comes after a 20% stock drop and follows the ongoing trend of mass layoffs in the tech industry.

3 Sources

Together Fund Appoints Former Google and Twitter Executive to Lead AI Investments

Together Fund, an early-stage venture capital firm, has brought on board Lakshmi Shankar, a former Google and Twitter executive, as a General Partner to focus on AI investments. This move aims to strengthen the fund's position in the rapidly evolving AI landscape.

2 Sources

Global Market Selloff: Implications for Nifty as Nasdaq and Nikkei Decline

Recent selloffs in the Nasdaq and Nikkei markets have raised concerns about potential impacts on India's Nifty index. This article examines the factors behind the global market trends and analyzes their possible effects on Indian equities.

2 Sources

Google Pixel Phones See Massive Discounts Across Multiple Retailers

Google Pixel smartphones, including the Pixel 8, Pixel 8a, and Pixel 7 Pro, are currently available at significant discounts from various retailers. These deals offer consumers an opportunity to own high-end Android devices at more affordable prices.

3 Sources

MultiPlan Corporation Reports Q2 2024 Earnings: Navigating Challenges and Focusing on Long-Term Growth

MultiPlan Corporation, a leading healthcare cost management solutions provider, released its Q2 2024 earnings report, highlighting strategic initiatives and financial performance amidst industry challenges.

2 Sources

Google Secures Deal with Character.AI Co-Founders Amid AI Industry Shifts

Google has struck a deal with Character.AI co-founders, bringing them back to the tech giant. This move comes as the AI industry faces increased scrutiny and competition.

3 Sources

Thomson Reuters and DoubleVerify: Navigating Growth in the Digital Information Landscape

Thomson Reuters maintains positive organic growth outlook, while DoubleVerify leverages AI for social media measurement in digital advertising. Both companies show promise in their respective sectors.

2 Sources

OpenAI's Cautious Approach to AI Detection Tools: Balancing Innovation and Responsibility

OpenAI, the creator of ChatGPT, has developed tools to detect AI-generated text but is taking a measured approach to their release. The company cites concerns about potential misuse and the need for further refinement.

12 Sources

Q2 Earnings Roundup: Mixed Results and Cautious Outlooks Across Various Sectors

A summary of Q2 earnings reports from Dun & Bradstreet, Thomson Reuters, Kinaxis, Thryv, and ExlService, highlighting their financial performance, growth strategies, and future outlooks.

5 Sources

Q2 Earnings Roundup: Mixed Results Across Diverse Sectors

A comprehensive look at Q2 earnings reports from Willdan Group, MYR Group, Altigen, Black Hills Corp, and Elme Communities, showcasing varying performances and strategic outlooks across different industries.

9 Sources

MasTec and Forum Energy Technologies Report Strong Q2 Results and Positive Outlooks

MasTec and Forum Energy Technologies, two companies in the energy sector, have reported solid Q2 2023 results. Both firms show strong growth in their respective areas and have raised their outlooks for the future.

2 Sources

Q2 Earnings Roundup: Anywhere Real Estate, Ares Management, and ArcBest Navigate Market Challenges

A comprehensive look at the Q2 2023 earnings reports of Anywhere Real Estate, Ares Management, and ArcBest, highlighting their financial performance, strategic initiatives, and market positioning amid economic uncertainties.

3 Sources

Pharmaceutical Companies Apellis and Takeda Report Growth and Market Confidence in Recent Earnings Calls

Apellis Pharmaceuticals and Takeda, two prominent players in the pharmaceutical industry, have recently reported positive growth and market confidence in their respective earnings calls. Both companies highlight pipeline progress and strategic initiatives.

2 Sources

Telecom Giants Altice USA and TDS Report Mixed Q2 2024 Results Amid Industry Challenges

Altice USA faces competitive pressures while TDS and UScellular show resilience. Both companies navigate a changing telecom landscape with strategic moves and potential sales on the horizon.

2 Sources

The Rise of Smart Rings: Subscription Models and Samsung's Galaxy Ring

Smart rings are gaining popularity as wearable tech. This story explores the subscription model debate and Samsung's entry into the market with the Galaxy Ring.

2 Sources

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