Johnson & Johnson, the US-based pharmaceutical and consumer packaged goods company, has reportedly proposed to pay nearly $9 billion to settle tens of thousands of claims in North America alleging that its baby powder as well as other t....

Lucid, the well-known U.S.-based electric car manufacturer, has reportedly planned to slash around 1300 jobs, nearly 18% of its workforce as a part of a broader restructuring process to cut costs as it works on increasing the output of its ....

Kredivo Holdings, a fintech company based in Singapore, has reportedly overcome a downturn in the economy that has rendered it hard for several start-ups to acquire additional funds by raising nearly US$270 million in equity funding. The....

The popular AI (artificial intelligence) research lab, OpenAI has reportedly unveiled GPT-4, the latest edition of the remarkable AI system that runs ChatGPT. Apparently, the lab claims it to be more innovative, less prone to making up fact....

Meta, the leading American technology company and the owner of social media platforms Facebook and Instagram, has reportedly announced its plans to lay off around 10,000 employees. Apparently, this is going to be the second round of sign....

Heathrow Airport, the U.K.’s leading international airport, has reportedly been advised to reduce passenger costs for airlines next year, as they would have an impact on ticket pricing. The Civil Aviation Authority (CAA) determined....

Amazon, the U.S.-based e-commerce giant, has reportedly inked a deal with struggling mortgage lender, Better.com to provide better perks to employees. For the unversed, Better.com is introducing Equity Unlocker, a product that enables st....

Tracksuit, a brand tracking startup headquartered in New Zealand, reportedly closed $5 million in its initial external round as it plans to use the funds to further penetrate the U.S. market. Apparently, Blackbird headed the investment, ....

China's video game sector has reportedly experienced a fall in revenue for the first time since at least 2005, as per previous data from the nation's leading gaming industry association. Based on a recent report published by the org....

Microsoft, the leading US-based technology giant, has reportedly released an updated version of its search engine Bing that integrates the most recent breakthroughs in artificial intelligence. The update leverages OpenAI's ChatGPT te....