Tag: Business Cloud
Uber Hit With Loss Despite Rider Rebound
Uber's stock fell sharply last week when the firm reported a significant loss in the first three months of 2022, despite a resurgence in...
Gucci To Allow Customers to Pay With Cryptocurrencies
Cryptocurrency is another step towards universal acceptance. This time, the Italian luxury fashion brand Gucci said that they will accept the product's price in...
Bitcoin Price Decreased By 50 Percent Since November Peak
Bitcoin prices have been falling for months. The cost of the virtual currency dropped below 34,000 in the beginning week of May. Coinbase, the...
Starbucks Gained 19% Profits in The First Quarter
Starbucks opened 484 net new stores in the first quarter of Fiscal 2022, bringing the total number of outlets worldwide to 34,317. The fiscal...
Alibaba Lost 26bn On Rumors of Jack Ma’s Arrest
Alibaba, the Chinese e-commerce giant owned by Jack Ma, has lost 26 billion in the Hong Kong capital market quickly following the news of...
Netflix Reports Biggest Loss of Subscribers in Over 10 Years
Netflix has signaled that it may crack down on households sharing passwords as it tries to bolster its subscriber base following a steep drop...
Toyota Withdraws 4.6 Lakh Faulty Cars
Toyota is withdrawing 4,60,000 vehicles from the US market. The Japanese carmaker has announced a move to fix a software bug. There has been...
Honda Increasing Its Focus on Electric Cars
Honda Motor will invest $6800cr in research and development over the next decade. Through this, the Japanese carmaker is focusing on producing electric cars...
Amazon’s Drone Delivery Has Yet to Gain Momentum
E-commerce giant Amazon is struggling to deliver goods through drones. But, according to a report, the initiative is not being implemented due to the...
Will Smith Banned From Oscars For 10 Years Over Slap
Will Smith has been banned from attending the Oscars and other Academy events for ten years after slapping comedian Chris Rock during the ceremony....