Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Shares of Alibaba experienced a sharp decline on Tuesday following a substantial decrease in the Chinese tech giant’s net profit during the fiscal fourth quarter.
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Neuralink’s first in-human brain implant has experienced a problem
Neuralink, Elon Musk’s startup, revealed that a portion of its brain implant malfunctioned after it was inserted into a human patient for the first time.
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Electronic Arts forecasts annual bookings below estimates as gamers cut spending
Electronic Arts, a prominent video game publisher, recently projected lower-than-expected full-year bookings, citing a general slowdown in spending within the gaming industry due to economic uncertainties.
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Sony Pictures, Apollo Offer to Buy Paramount Global for $26 Billion in Cash
In a fresh development in Paramount Global’s merger and acquisition story, Sony Pictures Entertainment and Apollo Global Management have jointly proposed to take Paramount private with an all-cash buyout offer of $26 billion.
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