Tag Archives: Business News

CoinspeakerBYD Shares Soar Following Impressive Q2 2023 Earnings Report BYD faces fierce competition from both domestic rivals and Tesla in a relentless price war. The battle for market share led to price cuts from all sides, with the goal of increasing accessibility and product penetration. BYD Shares Soar Following Impressive Q2 2023 Earnings Report

CoinspeakerTrustly Acquires SlimPay for Over $75M in European Expansion Bid Trustly acquired SlimPay shortly after launching its data engine - Trustly Azura. Trustly Acquires SlimPay for Over $75M in European Expansion Bid

CoinspeakerElon Musk’s X Faces 2,200 Arbitration Cases with Filing Fees Over $3M X’s legal team argues that the company did not mandate employees to go the arbitration route and as such cannot be expected to cover the larger share of the filing fees. Elon Musk’s X Faces 2,200 Arbitration Cases with Filing Fees Over $3M

CoinspeakerApple iPhone 14 Pro Max Dominates Smartphone Market in H1 2023 Apple's dominance in this arena is further underlined by its complete control over the top shipping models. Apple iPhone 14 Pro Max Dominates Smartphone Market in H1 2023

CoinspeakerMukesh Ambani-backed Jio Financial Services Announces Plans to Extend Services to Insurance Industry The Indian billionaire highlighted during Reliance's annual general meeting that JFS intends to further widen its financial services with global partners including Blackrock. Mukesh Ambani-backed Jio Financial Services Announces Plans to Extend Services to Insurance Industry

CoinspeakerBYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business The company said the acquisition is expected to enhance its market share and foster synergy with its existing products, ultimately boosting its overall competitiveness. BYD Electronics Expands with $2.2B Acquisition of Jabil’s Mobility Business

CoinspeakerAlibaba Unveils Two Open-Sourced AI Models that Understand Images  Alibaba revealed its intention to provide the two AI models as open-source solutions to the global community. Alibaba Unveils Two Open-Sourced AI Models that Understand Images 

CoinspeakerShares of Watches of Switzerland Plummets 30% as Rolex Acquires Bucherer Watches of Switzerland Group has undergone rapid expansion in recent times, establishing itself as a dominant force in the global market. Shares of Watches of Switzerland Plummets 30% as Rolex Acquires Bucherer

CoinspeakerGap Reports Mixed Q2 2023 Financial Results, GPS Shares Up 1% in Pre-market Gap Inc’s new CEO Richard Dickson took over after the company reported an 8 percent drop in sales in Q2 to $3.55 billion, compared with $3.86 billion a year earlier. Gap Reports Mixed Q2 2023 Financial Results, GPS Shares Up 1% in Pre-market

CoinspeakerMeituan Surpasses Expectations with Impressive Q2 2023 Results In the face of changing dynamics for China’s tech giants, Meituan has demonstrated a commitment to strategic expansion into adjacent sectors. Meituan Surpasses Expectations with Impressive Q2 2023 Results