Anthropic Makes More Revenue Per Employee Than Every Magnificent Seven Company
Anthropic is generating more revenue per employee than five of the seven companies in the Magnificent Seven, according to figures…
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Category: Companies & Business
News on major companies, retail and consumer brands.
AWS Could Become a $1 Trillion Business, Says Andy Jassy, as Amazon Plans Massive AI Spending
Amazon CEO Andy Jassy believes Amazon Web Services (AWS) could become a $1 trillion annual revenue business within five to…
Binance Reports $6.3 Billion Crypto Heist, Biggest in History, as North Korea-Linked Hackers Suspected
Binance has reported a major security incident involving approximately $6.3 billion in cryptocurrency, potentially making it the largest crypto theft…
E-Commerce Orders Rise 10.4% Ahead of Karwa Chauth as Quick Commerce Surges 105%: Unicommerce
India’s e-commerce market recorded 10.4% year-over-year growth in order volumes during the shopping period ahead of Karwa Chauth, while quick-commerce…
India Tests Green Ammonia as Urea Alternative, Targets Two-Thirds Cut in Fertiliser Costs
India has launched field demonstrations to assess whether green ammonia can replace conventional urea fertiliser in selected agricultural applications. The…
Chinese businesswoman with close relations with Nvidia CEO found to be passing intelligence to Beijing
U.S. intelligence agencies reportedly concluded that Alice Huang, a Chinese businesswoman associated with Singapore-based data center company Megaspeed, was acting…
India and Volkswagen Clash in Court Over Record $1.2 Billion Tax Dispute
India’s customs authorities and German automaker Volkswagen are locked in a major legal battle over a $1.2 billion import-tax demand,…
Microsoft Eyes at Least $25 Billion in First US Bond Sale Since 2017 as AI Spending Surges
Microsoft is preparing to raise at least $25 billion through a US investment-grade bond offering, marking its return to the…
Indian Gasoline Demand to Peak by 2035, Says Indian Oil Chairman
India’s petrol demand is expected to peak by 2035 as electric vehicles gain popularity, ethanol blending expands and more vehicles…
DoorDash to Acquire Instacart for $17 Billion in Major Food Delivery Industry Deal
DoorDash has agreed to acquire Instacart for approximately $17 billion, bringing two major U.S. delivery platforms under one corporate umbrella.…