Investing

The Italian city said speculations about the event are “completely unfounded.”

Seeing a gap in the market for a female-focused wine, TWE and Reese Witherspoon’s Hello Sunshine teamed up to introduce a new wine brand to US and Australian audiences. The red, white, and sparkling results are just as sunny as you might imagine.

The EV company’s sales are tanking in all major markets as its Chinese rivals are surging. But Tesla’s problems are just beginning.

The divestment comes after WiseTech appointed its founder Richard White as executive chairman last month, enabling the tycoon to take back control of the company four months after quitting as CEO following a series of damaging media reports.

Australia’s visionary eye-health company Opthea, which raised almost $1 billion to bring its eye injection to market, is fighting for survival today after the failure of its first Phase-3 trial.

The streaming giant has been unable to disrupt the video game market, but armed with massive resources and time, its new push to level up could leave its competitors in the dust.

The EV maker is struggling as anti-Elon Musk sentiment sparks Tesla boycotts and protests. It’s not likely to happen, but who could step in if he relinquished the reins?

AI companies promised publishers their AI search engines would send them more readers via referral traffic. New data shows that’s not the case.

“I loudly urge Musk and the Board to step up, stop being silent, and help resolve this crisis forming at Tesla,” wrote Wedbush analyst Dan Ives.

Former IBM Americas CMO Maria Bartolome Winans was the second employee of its 2021 managed infrastructure services spinoff, making something new on a legacy foundation.