Showing 1 - 10 of 122
Twitter rival Threads signs up 100 million users in 5 days
AFP, Published on 10/07/2023
» PARIS: The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app.
Musk aims to create 'truth-seeking' AI
AFP, Published on 18/04/2023
» SAN FRANCISCO: Elon Musk is out to counter the artificial intelligence efforts of Microsoft and Google with "truth-seeking AI" that shuns political correctness, he said during an interview aired late Monday.
Ermotti back as UBS chief for Credit Suisse takeover
AFP, Published on 29/03/2023
» ZURICH: Sergio Ermotti will return as CEO of Swiss banking giant UBS to pilot the controversial acquisition of troubled rival Credit Suisse, its board announced Wednesday.
As in 2008, JPMorgan chief plays key role in bank rescue
AFP, Published on 18/03/2023
» NEW YORK: Consulted by policymakers and able to nudge his peers into action, JPMorgan Chase CEO Jamie Dimon played a key role in a bank rescue effort this week -- a situation sparking reminders of 2008.
Renault, Nissan boards approve 'rebalanced' alliance
AFP, Published on 06/02/2023
» LONDON - The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their rocky 24-year alliance following months of negotiations, the companies said on Monday.
Renault to reduce stake in Nissan, rebalancing alliance
AFP, Published on 30/01/2023
» TOKYO - French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.
Leadership shake-up at Dior, Louis Vuitton
AFP, Published on 11/01/2023
» PARIS: The French luxury group LVMH announced a leadership shuffle on Wednesday, naming a new CEO at flagship brand Louis Vuitton and appointing the daughter of billionaire boss Bernard Arnault atop Christian Dior Couture.
Ex-Wirecard CEO goes on trial over 'unparalleled' fraud
AFP, Published on 05/12/2022
» FRANKFURT, Germany: Ex-Wirecard CEO Markus Braun goes on trial in Munich this week for his role in the collapse of the once-celebrated payments firm, brought down by the biggest accounting fraud scandal in German corporate history.
After FTX collapse, cryptocurrency sector fights back
AFP, Published on 15/11/2022
» LONDON: The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency sector, pushing its main players to mobilise to save it.
Cryptocurrency platform FTX files for bankruptcy
AFP, Published on 12/11/2022
» NEW YORK: Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency landscape.