Business- Page 7

Atos has unveiled a financial restructuring strategy aimed at securing €1.2 billion through a mix of €600 million in cash and an equal amount in credit lines and loan guarantees. This funding

Yahoo announced that it has acquired Artifact, a news app launched in 2023 by Kevin Systrom and Mike Krieger, the co-founders of Instagram. The acquisition price was not disclosed. “Yahoo was one

Huawei Technologies, the Chinese telecom giant, has reported a more than doubled net profit in 2023 and a 9.6% increase in revenue. This achievement comes despite the stringent sanctions imposed by the

Canva has acquired Affinity creative software suite, marking a significant challenge to Adobe’s long-standing dominion in the industry. This strategic acquisition sees Canva taking ownership of Affinity Designer, Photo, and Publisher. These

The consulting industry’s biggest players are being forced to rein in their ambitions and streamline operations as client spending slows amidst economic uncertainties. Major firms like Accenture and Deloitte are taking measures

Mitsubishi and seven other companies, including TotalEnergies and Tokyo Gas, will form an international coalition to support the development and production of synthetic fuels, which will contribute to achieving net-zero emissions. Mitsubishi

The US Department of Justice has launched a sweeping antitrust lawsuit against Apple, accusing the tech giant of illegally maintaining a monopoly with its iPhone and iOS ecosystem. The case, joined by