McDonald's Misses Quarterly Profit Estimates Amid Global Challenges
May 01, 2024 02:45 am UTC| Business
McDonalds reported a miss in quarterly profit estimates for the first time in two years, as cost-conscious consumers tightened their belts and the Middle East conflict contributed to a decline in international...
Coca-Cola Elevates Annual Sales Forecast Following Robust Demand for Prices Sodas, Juices
May 01, 2024 02:38 am UTC| Business
Coca-Cola has revised its annual organic sales forecast upwards, following a robust performance in the first quarter that exceeded expectations. This surge comes as consumers, both in the U.S. and internationally,...
Sam Altman Hints at Link Between OpenAI and Mysterious 'GPT2-Chatbot'
Apr 30, 2024 18:02 pm UTC| Technology Business
An unexpected new player, the GPT2-Chatbot, has captured the attention of the AI community by possibly outperforming OpenAIs renowned GPT-4 model, according to recent reports. Unresolved Origins of...
Apple Escalates AI Talent War, Poaches 36 Google Experts for Zurich Initiative
Apr 30, 2024 16:14 pm UTC| Technology Business
Stepping up its AI game, Apples Zurich lab has successfully attracted 36 experts from Google, marking a significant expansion in its artificial intelligence (AI) operations. Apples Aggressive AI Talent...
Intel, Naver, and KAIST to Jointly Open an AI R&D in South Korea
Apr 30, 2024 10:20 am UTC| Business Technology
Intel Corporation, Naver Corp., and the Korea Advanced Institute of Science and Technology (KAIST) have partnered to open a new artificial intelligence center in South Korea. KAIST said on Tuesday, April 30, that they will...
Ediya Coffee to Add Taiwanese QR Payment Option in May
Apr 30, 2024 09:22 am UTC| Business
Ediya Coffee, a South Korean coffeehouse chain, is introducing the Taiwan Pay QR-code payment option in Korea. The company said it is adopting this method to attract more Taiwanese customers in the country. Ediya Coffee...
Carlsberg Reports Strong Start to the Year with Premium Brand Growth
Apr 30, 2024 09:10 am UTC| Business
Danish beer giant Carlsberg has demonstrated a robust performance in the first quarter of the year, marking a significant uptick in sales of its premium beer brands and observing price increases across all its main...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects