Media Archives - Page 5 of 806

1 minute read

Why Lease-To-Own Retailer Aaron’s Shares Are Surging Today

June 17, 8:33 AM

Aaron's Company shares soared as it announced an acquisition by fintech firm IQVentures for $10.10 per share, a 34% premium over its recent closing price, marking a significant shift to private ownership with a valuation around $504 million.

AAN

2 minute read

Wells Fargo’s Co-Branded Credit Card Strategy For Rent Payment Faces Challenges, Puts Financial Strain

By Vandana Singh

June 17, 8:27 AM

Wells Fargo's partnership with Bilt Technologies is proving costly, with the bank losing up to $10 million monthly. The co-branded credit card, initially aimed at expanding Wells Fargo's credit-card business, is under renegotiation due to financial strain.

2 minute read

Cisco Partners With Taiwan To Combat Cyber Threats: Report

By Shivani Kumaresan

June 17, 8:14 AM

Cisco reveals plans for a new cybersecurity hub in Taiwan to tackle increasing cyberattacks suspected from mainland China, reflecting its commitment to strengthening digital security and addressing the global talent shortage in cybersecurity.

CIBR

2 minute read

Adidas Faces Bribery Allegations In China, Launches Investigation: Report

By Shivani Kumaresan

June 17, 5:44 AM

Adidas AG is reportedly probing deep into accusations of bribery within its China operations, following whistleblower allegations of high-ranking officials embezzling millions. Despite the severity, no staff have been suspended as Adidas reassures its commitment to high ethical standards.

ADDYY

3 minute read

S&P 500 Poised To Extend Bull Run? Market Strategist Sees ‘AI Fervor’ And Ebbing Inflation Pushing Valuation Toward Dot-com Peak

By Shanthi Rexaline

June 17, 2:30 AM

AI will likely be the market driver in the near- to mid-term and the keep the S&P 500 in an upward trending trajectory, an analyst says.

SPY

2 minute read

Apple Could Partner With Japanese Firms Like Canon To Amplify Vision Pro’s Reach, Says Lead Developer

By Ananya Gairola

June 17, 2:29 AM

Apple is partnering with Japanese companies, including Canon, to enhance the development and popularity of its mixed-reality headset, Vision Pro, with pre-orders starting in Japan and sales beginning on June 28.

AAPL

2 minute read

Steven Spielberg’s Talk Interrupted By Apple Watch Hard Fall Alert, Causing Stir — Here Is How The Legendary Director Responded To The ‘Crisis’

By Ananya Gairola

June 17, 2:22 AM

During the Tribeca Festival, Steven Spielberg's Apple Watch unexpectedly triggered its Fall Detection feature, causing an alarm and prompting him to deactivate the alert mid-talk.

AAPL

2 minute read

Apples AI Rollout Could Extend Beyond Fall, Much-Anticipated ChatGPT Integration May Not Come Until 2025, Says Mark Gurman: Here’s What To Expect

By Ananya Gairola

June 17, 12:44 AM

Apple's new AI offerings, including Apple Intelligence, will gradually roll out starting this fall, with some major features and enhancements not expected until 2025.

AAPL

3 minute read

Elon Musk Calls Geoffrey Hinton One Of The Smartest People After AI Godfather Says ’50-50 Chance’ The Technology Will Get ‘More Intelligent Than Us In The Next 20 Years’

By Ananya Gairola

June 16, 10:21 PM

Elon Musk praised AI pioneer Geoffrey Hinton for his intellect and echoed Hinton's concerns about AI potentially surpassing human intelligence within the next two decades.

TSLA

2 minute read

Microsoft Regional Chief Says This Country Has ‘Caught Up’ In AI Technology And Continues To Pick Up The Pace: ‘I Think It Will Continue To Accelerate’

By Ananya Gairola

June 16, 9:47 PM

Microsoft Japan president Miki Tsusaka believes the country's rapid adoption of artificial intelligence, driven by digitalization efforts during the pandemic, could significantly boost its economy and technology sector.

MSFT