Media Archives - Page 76 of 806

1 minute read

Automotive Seating Maker Adient To Slash Jobs In Europe

April 23, 6:48 AM

Adient has put forward restructuring plans in Europe to reduce operating, administrative and engineering costs. The plan primarily consists of workforce reductions and the transfer of work to countries with lower labor costs.

ADNT

2 minute read

‘China’s Netflix’ Wants To Woo Aging Population With AI Content After Turning Profitable

By Benzinga Neuro

April 23, 6:35 AM

This shift in strategy comes at a time when iQiyi is looking to expand its business in overseas markets as growth in China moderates.

1 minute read

UBS Group Eyeing West? Plans New Office In Menlo Park, Hires Barclay’s Lynch, Silicon Valley Expansion In Sight: Report

By Nabaparna Bhattacharya

April 23, 5:51 AM

UBS Group AG plans to open a Menlo Park office, hiring Barclays' Sean Lynch for tech advisory amid Silicon Valley expansion, coinciding with industry's dealmaking resurgence.

AVDE

3 minute read

Ray Dalio’s Way Loses Shine As Investors Yank Out Billions From Risk-Parity Funds After Disappointing Returns: But Is It A ‘Classic Investment Error?’

By Shanthi Rexaline

April 23, 3:39 AM

Large investors, including public pension funds, have withdrawn their investments, leading to a $70 billion decline in these funds from their peak three years ago.

RPAR

2 minute read

Key Apple, Nvidia Chip Supplier’s Stock Woes Not Yet Over? Here’s What Options Data Shows

By Benzinga Neuro

April 23, 2:12 AM

The chipmaker's stock has been on a downward spiral since its April 11 earnings call, where it revised its growth forecasts for the chip market.

NVDA

2 minute read

Apple Planning Soccer Broadcasting Foray With FIFA After Major League Rights Success: Report

By Ananya Gairola

April 22, 10:24 PM

Apple is reportedly close to finalizing a historic deal with FIFA for global television rights to a new World Cup-style soccer tournament, expanding Apple's footprint in sports broadcasting.

AAPL

2 minute read

Popular LGBT Dating App Grindr Faces Legal Action Over Disclosing HIV Status Of Users: ‘Compensate Those Whose Data Has Been Compromised’

By Ananya Gairola

April 22, 9:25 PM

Grindr is being sued in the U.K. for allegedly sharing sensitive user information, including HIV status, with third parties without consent, affecting hundreds and potentially breaching data privacy between 2018 and 2020.

GRND

2 minute read

Tesla Layoffs Hit Marketing Team, Retracts Advertising Push

By Anusuya Lahiri

April 22, 12:49 PM

Tesla eliminates marketing team approved by Elon Musk, showcases shift away from traditional advertising as part of company layoffs.

2 minute read

What’s Going On With Taiwan Semi Stock On Monday?

By Anusuya Lahiri

April 22, 11:59 AM

TSM stock down due to 5.5-magnitude earthquake in Taipei, following a severe 7.4 quake earlier this month. TSMC quickly resumed operations. Tensions with China and production costs lead to premium pricing for chips made outside Taiwan.

NVDA