Tag: corporate
OpenAI Denies Apple’s Allegations of Trade Secret Theft
OpenAI has rejected Apple’s claims accusing it of stealing confidential trade secrets, calling the lawsuit unfounded.
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Microsoft Plans Significant Job Cuts in Xbox Division This July
Microsoft is set to reduce its Xbox workforce notably in July, impacting marketing and other departments, Bloomberg reports.
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Logitech Boosts Investment in Gaming, AI, and Corporate Sectors Amid Economic Uncertainty
Logitech plans to increase spending on product development and marketing in gaming, AI, and corporate sectors despite global economic concerns.
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Tesla Generated $573 Million Last Year from Deals with Elon Musk’s Other Companies
Tesla earned $573 million in 2025 through transactions with other firms owned by Elon Musk, highlighting interconnected business operations.
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Microsoft Developer Division Head Julia Liuson to Step Down After 34 Years
Julia Liuson, leader of Microsoft’s developer division for 12 years, is leaving the company after a 34-year tenure, marking another significant leadership change.
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Microsoft Prepares Leadership Shift as Veteran Executive Rajesh Jha Announces Retirement
Rajesh Jha, key Microsoft executive overseeing Windows, Office, and Copilot, is retiring after 35+ years, prompting organizational changes.
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Nvidia Surpasses Apple as TSMC’s Largest Customer, Financial Report Reveals
TSMC’s latest report confirms Nvidia as its biggest client, overtaking Apple with Nvidia accounting for 22% of its revenue last year.
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Paramount Secures Warner Bros Acquisition After Netflix Withdraws
Netflix has exited the bidding for Warner Bros, paving the way for Paramount to acquire the entertainment giant formerly including HBO and Cartoon Network.
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Microsoft Assures No Cuts or Studio Closures Following Xbox Leadership Change
Microsoft confirms recent leadership changes at Xbox will not lead to layoffs or studio closures, aiming for a smooth transition.
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Sony Boosts Profits Through Subscriptions Despite Declining PS5 Shipments
Sony’s operating profit surged 22% driven by subscription services, offsetting a 16% drop in PS5 shipments in the latest quarter.
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SpaceX and xAI May Merge Ahead of SpaceX’s Planned IPO, Creating a Unified Tech Empire
SpaceX and xAI are reportedly negotiating a merger prior to SpaceX’s IPO, potentially uniting Elon Musk’s space, AI, and satellite ventures.
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TikTok US Names Adam Presser as CEO Following Separation Deal
TikTok’s US operations officially separate from ByteDance with Adam Presser appointed CEO to lead the new US-based entity.
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