Modern Business Network - Modern Business Network

Zara owner Inditex has reached an agreement to sell its Russian business to a Lebanese retail and real estate conglomerate, the Spanish fashion giant said on Tuesday in a statement…
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Downdetector, a website that tracks online outages across the globe, has shown a sharp spike in the number of users reporting WhatsApp’s outage. WhatsApp faced its…
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Search engine giant Google has been fined Rs 936 crore for abusing its dominant position in the Android devices market and indulging in unfair business practices. By…
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KEY POINTS Meta CEO Mark Zuckerberg sounded flabbergasted at times during a call with analysts explaining his company’s long-term bets. The company said that “Reality Labs…
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Samsung said that it now sees a recovery in the second half of 2023, subject to macroeconomic headwinds, led by demand from data center servers. Samsung Electronics Co.’s…
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Shares in Mobileye, Intel’s autonomous vehicle business, climbed 30% Wednesday following an initial public offering. The deal raised $861 million when shares priced Tuesday at…
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Even cloud giants like Microsoft can't avoid the economic slowdown The economic slowdown has come for tech companies’ big cash cows: the cloud businesses that provide their…
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SYNOPSIS TMEIC has been maximizing synergies in its core domains, including industrial systems, power electronics equipment, and rotating machinery, and is now expanding its…
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Synopsis The number of Indian leaders confident of weathering the looming storm far outways those in European nations. As against 97% of leaders confident in the Asian country,…
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Synopsis Cost overruns in Boeing's defense, space and security segment have hobbled a recovery for the company attempting to come out of successive crises by cashing in on an…
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