Alibaba has recently completed a three-year regulatory “rectification” process after facing an antitrust fine in 2021 due to monopolistic practices. This process was overseen by China’s State Administration for Market Regulation (SAMR), which stated that Alibaba has made good progress in becoming compliant with antitrust regulations. Following the announcement of Alibaba’s completion of the regulatory
The news of former Strictly Come Dancing star Artem Chigvintsev’s arrest on suspicion of domestic violence in the US has shocked many fans. The Russian dancer, who rose to fame after winning the BBC competition in 2010, was taken into custody in California following a domestic violence call in the town of Yountville. Chigvintsev, 42,
Intel CEO Pat Gelsinger recently admitted that the company has faced significant challenges in light of poor financial performance and investor concerns. Following a disastrous quarterly earnings report, Intel’s stock price plummeted 26%, marking the worst day on Wall Street for the company in over 50 years. The stock is currently down 59% for the
The 2024 Venice Film Festival started with the highly anticipated Tim Burton-Michael Keaton sequel Beetlejuice Beetlejuice. This film is the opening feature of the 81st edition, which will run until September 7 on the Lido. While the festival lineup includes a variety of world premieres, including works from renowned directors such as Todd Phillips, Pedro
The FDA has recently implemented a final rule that will have a significant impact on tobacco retailers across the country. With the signing of the Further Consolidated Appropriations Act in December 2019, the federal minimum age of sale of tobacco products was raised from 18 to 21. This means that retailers will now have to
Donald Trump, the former president of the United States and Republican presidential nominee, has recently taken to social media to promote the Trump Organization’s new crypto platform, which has been rebranded as “World Liberty Financial.” Through his various social media channels, Trump shared a video outlining his plan to establish the United States as the
Best Buy has reported a strong quarter ending August 3, exceeding both earnings and revenue expectations. The company’s net income for the quarter was $291 million, or $1.34 per share, compared to $274 million, or $1.25 per share, in the same period a year earlier. Despite a drop in net sales to $9.29 billion from
Upon the unveiling of the Samsung Galaxy Z Fold 6 at the Galaxy Unpacked event in Paris, users were excited to get their hands on this innovative foldable phone. However, some users have now reported an issue with the paint peeling off the body of the device. Reddit users have shared images showing small sections
Recent research has uncovered a fascinating connection between the educational attainment of grandparents and the biological aging process in their grandchildren. The study suggests that socioeconomic status can have a lasting impact on the health outcomes of multiple generations, shedding light on the complexity of factors that influence our well-being. Traditionally, education has been linked
Salesforce, a leading business software maker, reported impressive fiscal second-quarter results that surpassed expectations. The company’s earnings per share came in at $2.56, adjusted, compared to the expected $2.36, while revenue reached $9.33 billion, exceeding the estimated $9.23 billion. This performance represented an 8% year-over-year growth during the quarter, which ended on July 31. Amy