
Tesla Board Quietly Searches for Elon Musk’s Potential Successor
May 01, 2025 01:42 am UTC| Business
Tesla Inc. (NASDAQ: TSLA) board members have reportedly initiated a quiet search for a potential successor to CEO Elon Musk, according to a Wall Street Journal report published Wednesday, citing sources familiar with the...

Couche-Tard Signs NDA with Seven & i for Potential Takeover Deal
May 01, 2025 01:40 am UTC| Business
Canadian convenience store operator Alimentation Couche-Tard has signed a non-disclosure agreement (NDA) with Japanese retail giant Seven i Holdings, marking a significant step in its ongoing takeover bid. The agreement,...

Meta Stock Jumps After Strong Q1 Earnings and Higher AI Spending Outlook
May 01, 2025 01:33 am UTC| Business
Meta Platforms Inc. (NASDAQ: META) surged over 4% in after-hours trading Wednesday after reporting stronger-than-expected first-quarter earnings and raising its full-year capital expenditure outlook, signaling continued...

Aston Martin Cuts U.S. Exports Amid Tariffs, Posts Smaller Q1 Loss
Apr 30, 2025 07:21 am UTC| Business
Luxury carmaker Aston Martin (LON:AML) has announced a strategic cutback on U.S. vehicle exports to cushion the impact of President Donald Trumps 25% tariffs on imported vehicles and auto parts. The British automaker,...

Coca-Cola HBC Beats Q1 Revenue Estimates on Strong Emerging Market Demand
Apr 30, 2025 07:19 am UTC| Business
Coca-Cola HBC AG (NYSE: KO) reported stronger-than-expected organic revenue growth in the first quarter of 2025, driven by robust demand in emerging markets. The Swiss-based bottling partner of The Coca-Cola Company said...

Xiaomi Unveils MiMo AI Model, Shares Surge 5% on Breakthrough Launch
Apr 30, 2025 07:15 am UTC| Business Technology
Xiaomi Corp (HK:1810) launched its first open-source large language model, MiMo, on Wednesday, marking its official entry into the competitive artificial intelligence space. The debut sent Xiaomis Hong Kong-listed shares...

OpenAI Rolls Back GPT-4o Update After User Backlash Over "Sycophantic" Behavior
Apr 30, 2025 07:13 am UTC| Technology Business
OpenAI has rolled back a recent update to its GPT-4o model used in ChatGPT, following widespread criticism from users who found the AI assistant excessively flattering and overly agreeable. The company announced Tuesday...