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Business

Elon Musk Predicts AI Will Surpass Human Reasoning Soon: A Deep Dive into Grok-3 Mini's Breakthrough

Elon Musk claims AI will soon exceed human reasoning, highlighting xAI's Grok-3 Mini's perfect scores on tough reasoning tests, including the Marcus and Alice+ Problems.

Business

Meta's Strategic Moves or Desperate Acts? FTC Challenges Instagram and WhatsApp Acquisitions

The FTC accuses Meta of acquiring Instagram and WhatsApp to stifle competition, a move that could force Meta to sell off these platforms. Meta denies the allegations, calling the l...

Business

LVMH Faces a Slight Dip in Q1 Revenue: Fashion and Leather Goods Lead Amidst Market Challenges

LVMH reports a 2% decline in Q1 revenue to €20.3 billion, with fashion and leather goods leading the earnings. Watches and jewelry saw a 1% increase, while Europe was the only grow...

Business

OpenAI Set to Revolutionize AI with Upcoming o3 and o4-mini Models Launch This Week

OpenAI is reportedly launching its new o3 and o4-mini AI models this week, capable of generating ideas and analyzing data across multiple fields, though user verification of output...

Business

Dr. Reddy's Laboratories Denies Workforce Reduction Rumors, Calls Reports 'Factually Incorrect'

Dr. Reddy's Laboratories denies rumors of a 25% workforce cost reduction, calling the reports 'factually incorrect'. The company emphasizes its commitment to regulatory disclosures...

Business

Meta's Desperate Moves: How Buying Rivals Like Instagram and WhatsApp Backfired

The FTC accuses Meta of buying Instagram and WhatsApp to eliminate competition after failing to develop its own services, seeking to force a sell-off. Meta denies the allegations, ...

Business

OpenAI Set to Revolutionize AI with Upcoming o3 and o4-mini Models Launch This Week

OpenAI is reportedly launching new o3 and o4-mini AI models this week, capable of suggesting innovative ideas by combining information from multiple fields, though outputs will nee...

Business

Pfizer Halts Promising Weight Loss Pill Trial Following Liver Injury Scare in Participant

Pfizer Inc. discontinues development of danuglipron, a weight management pill, after a trial participant experiences liver injury. The company vows to continue research in obesity ...