Apple’s (AAPL) 2024 has been rough so far. But despite the company’s headwinds ranging from antitrust suits to slowing iPhone sales, there’s one big bright spot for Apple: its Services business. In the first quarter, Services revenue jumped 11% year over year to $6.3 billion. And according to BofA Global Research’s Wamsi Mohan, Apple is
The city of Springfield was buzzing with excitement as the highest level of international basketball 3 x 3 teams competed it out starting Monday night.
Ascensus, the largest player in the retirement investment space, announced it will acquire many small business retirement plans from Vanguard. This will bring the total number of Vanguard plans that Ascensus will service to almost 280,000. Vanguard isn’t selling the employer-based 401(k) plans it administers. Rather, it’s divesting some of its small business retirement plans. […]
The new Coca-Cola $1.1 billion deal looks to incorporate Microsoft's AI in potentially improving its beverage-making services.
According to a new study, Black homeowners in Detroit saw the value of their homes increase by $2.8 billion from 2014 to 2022.
The North American revenue of the combined company would total $5.80
The U.K.’s biggest sportswear retailer JD Sports is to buy Alabama-based athletic fashion retailer Hibbett Inc. for about $1.08 billion, the companies said.
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.
The Birmingham-based sports apparel and equipment retailer’s outstanding shares sold to JD Sports for $87.50 per share in cash.
Dragonfly will push the boundaries of engineering and science as it explores Titan.
Boeing Co. burned through $3.93 billion in cash in the first quarter, a less dramatic drain than analysts had predicted, as the embattled planemaker continues to slow output to get a handle on its manufacturing issues.
Smaller artificial intelligence (AI) models, like Microsoft’s recently unveiled Phi-3-mini, are proving that bigger isn’t always better for business applications. These lightweight, efficient models can tackle content creation and data analysis without the hefty computational requirements and costs associated with their larger counterparts, experts say, making AI more accessible and cost-effective for businesses. “Small language models have a lower probability of […]