LVMH shares drop on slower growth, wiping $6 billion from Bernard Arnault’s fortune
LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods.
LVMH reported a major slump in growth in its third-quarter results amid weakening demand for luxury goods.
Israel is restricting the flow of all supplies to the Palestinian territory it has been blockading since 2007.
Reports of Apple’s iPhone 15 Pro overheating are likely a result of the company’s decision to design a lighter phone, a top Apple supply chain analyst said Tuesday, adding to wider concerns about the device’s build quality.
Amazon said Monday it will invest up to $4 billion in AI startup Anthropic, part of a strategic partnership as the tech giant looks to take on the likes of Google, Microsoft and Nvidia in the battle for AI supremacy.
According to the Anti-Defamation League, Adidas said it is “committed to fighting antisemitism” and opposes the “ugly hate” expressed by West.
The leaked documents show Microsoft had other ambitious acquisition plans before settling on Activision and Zenimax.
The addition of voice and video calling will put X in direct competition with Apple’s Facetime and Meta’s WhatsApp.
Musk reportedly wants to change how news links currently appear on Twitter by removing the headline and only displaying the article’s lead image.
Meta is preparing to launch a web version of it text-based social media app Threads sometime this week, the Wall Street Journal reported, the latest in a series of features added to the platform as it attempts to gain parity with X, formerly known as Twitter, and reverse a steep slump in engagement after a record-breaking launch last month.
The sportswear giant is selling off its remaining Yeezy inventory after cutting ties with Kanye West last year and says a portion of the money made will go to organizations “working to combat discrimination and hate, including racism and antisemitism.”