Ericsson has breached the agreement
Sweden's Ericsson has been ordered to pay a fine of more than $206 million for violating an agreement with the US Department of Justice. This was reported in a statement pos...
SAG in the United States
Brendan Fraser, known for his role in the Mummy trilogy of films, received the Screen Actors Guild Award (SAG) for Best Actor on Sunday. The organisation announced this on its portal.
Frazier was awarded for his role in Dar...
Monologue about COVID sparks debate
Woody Harrelson's opening monologue during the latest episode of "Saturday Night Live" has sparked controversy online, particularly for his references to the COVID-19 pandemic an...
Friday trading result
The US stock market ended Friday's trading mixed, with the consumer goods, telecoms and utilities sectors strengthening.
At the close of trading on the New York Stock Exchange the Dow Jones&n...
Dealings with ad agency
The campaign staff of former US President Donald Trump has severed its relationship with the company that produced commercials for the politician, due to its decision to also work with another Republican candidate, Nikki Hale...
Stock market on Wednesday
US stock indices are down today as traders assess statistical data and corporate reports.
At 09:53 ET, the Dow Jones index was down 217 points or 0.6%, while the S&P 500 was down 0.6% and the Nasdaq Composite was down ...
Partnership with Twitter
More than half of the advertisers partnering with Twitter have suspended their work with the company due to disagreement with the policies of its owner Elon Musk. This was reported by CNN on Monday.
Some 625 companies, incl...
Citi Mexico unit to be sold
Citigroup is close to completing a deal to sell its Mexico unit. The Financial Times reported this on Monday, specifying that the deal could be worth between $6bn and $8bn.
According to the newspaper, billionaire Germ&aa...
Bill.com and its shares
Shares of Bill.com Holdings (NYSE: BILL) have suffered badly over the past year. The leader in financial automation software has lost more than 60% of its value, even as it is growing rapidly.
The company believes it has a b...
US stock market
US stock indices fell for the third consecutive week in early trading on Friday. Since the start of the week, the Dow Jones has lost 1.1%, the S&P 500 2% and the Nasdaq Composite 2.7%.
However, at the end of trading, the Dow Jon...
Search of a politician's home
FBI agents have arrived at the home of former US vice-president Mike Pence in Carmel, Indiana, to conduct a search. This was reported by CNN on Friday, citing a police officer on the scene.
Earlier, GlobalNY.biz wrote ...
Staff cuts at Disney
The Walt Disney Company will reorganise into three divisions and cut 7,000 employees. The company's CEO, Robert Allen Iger, made the announcement on Wednesday during a conference call with investors, Bloomberg reported.
Accordi...
Stock market on Wednesday
US stock indices are down in early trading on Wednesday as traders assess corporate news and wait for new signals from Federal Reserve (Fed) executives, whose speeches are scheduled for the day.
The Dow Jones Industrial Av...
Google's chatbot
Google has unveiled a new artificial intelligence (AI)-based chatbot, Bard, amid the growing popularity of Microsoft's ChatGPT AI-based chatbot. This was reported by CNN on Monday.
As noted b...
DELL staffing
Dell, one of the world's largest computer makers, has announced planned layoffs of 6,650 people due to a slump in demand for personal computers. It was announced by Bloomberg on Monday.
According to its data, the company's staff will ...
Return after seven years
After singer Beyonce Giselle Knowles-Carter announced her return to the stage after a seven-year hiatus from touring, some of the singer's fans created accounts on GoFundMe to offset the cost of tickets.
Ticket prices range...
Musk not guilty
A jury in a California state court has found Elon Musk not guilty in a lawsuit brought by shareholders of the company he heads, Tesla. This was reported by CNN.
The lawsuit is based on a Twitter post by Musk, dated August 2018,...
Staffing at major tech companies
Amazon, Meta, Alphabet and Microsoft will collectively spend more than $10bn due to massive layoffs and other austerity measures. The Financial Times reported this on Friday, citing earnings reports.
It said the com...
Artificial intelligence becomes popular
An American chatbot based on artificial intelligence, ChatGPT, has set a record for the highest number of downloads by users. This was reported by Reuters, citing research by Swis...
The best January since 2001
At the end of January the Nasdaq Composite stock index, consisting of shares of high-tech companies, rose by 11%, which was the best dynamics for this period since 2001.
Analysts consider several...
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