Meta Unveils Edits: A Revolutionary Video Creation App for Smartphone Enthusiasts
Meta Platform Inc. launches Edits, a new video creation app with comprehensive editing tools for smartphones, promising future enhancements based on user feedback.
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RTX Corp. Reports 5% Sales Growth to $20.3B in Q1 Amidst Dynamic Market Challenges
RTX Corp. reports a 5% increase in Q1 revenue to $20.3 billion, with mixed segment performances and a 10% drop in net income. The company sets a positive 2025 outlook amidst dynami...
Lockheed Martin Surges Ahead: Q1 Net Sales Climb 4.7% to a Staggering $18 Billion
Lockheed Martin reports a 4.7% increase in Q1 2025 net sales to $18 billion, with net earnings up 13.3% to $1.7 billion. CEO Jim Taiclet expresses confidence in meeting full-year f...
Regeneron and Fujifilm Forge $3 Billion Alliance to Revolutionize US Biologic Medicine Production
Regeneron Pharmaceuticals Inc. announces a $3 billion partnership with Fujifilm Diosynth Biotechnologies to boost biologic medicine production in North Carolina, alongside a $7 bil...
Boeing Strikes a Massive $10.5B Deal with Thoma Bravo, Focusing on Digital Aviation Solutions
Boeing announces a $10.55 billion deal with Thoma Bravo LP to sell portions of its Digital Aviation Solutions, retaining core digital capabilities for fleet maintenance and diagnos...
Chevron CEO Michael Wirth Dispels Recession Fears Amid Economic Slowdown Signs
Chevron CEO Michael Wirth reassures that the U.S. is not near a recession despite signs of slowing growth and IMF's adjusted forecasts, emphasizing a long-term economic perspective...
Elliott Pushes BP for a 40% Free Cash Flow Surge Through Strategic Spending Cuts
Elliott Investment Management urges BP to boost free cash flow by 40% via spending cuts, criticizing the current strategy as insufficient and proposing an alternative plan. Elliott...
EU Set to Hit Meta and Apple with Hefty Fines Over Digital Markets Act Violations on April 23
The European Commission is set to impose its first Digital Markets Act penalties on Apple and Meta for alleged competition restrictions and data sharing violations, with potential ...
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