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Business

Lyft Achieves a Stunning 27% Revenue Growth in Q4 2024, Reaching $1.6 Billion

Lyft Inc. reports a 27% revenue increase in Q4 2024, reaching $1.6 billion, with a net income of $61.7 million. The company also highlights a 31% revenue growth for the full year, ...

Business

DoorDash Achieves a Stellar 25% Revenue Growth, Reaching $2.9B in Q4

DoorDash Inc. reports a 25% increase in Q4 revenue for fiscal 2024, reaching $2.9 billion, alongside a significant turnaround from net loss to net income, showcasing the company's ...

Business

EU Gives Green Light to Skydance's Ambitious Acquisition of Paramount and NAI

The European Commission has approved Skydance Media's merger with Paramount Global and the acquisition of National Amusements Inc., creating a $28 billion entertainment giant, New ...

Business

Coca-Cola Surprises with a 6% Revenue Jump to $11.5B in Q4 2024

Coca-Cola announced a 6% increase in Q4 2024 revenue to $11.5 billion, surpassing expectations. Net income rose by 11% to $2.2 billion, with EPS up 12% to $0.51. Annual revenue gre...

Business

Apple Partners with Alibaba Over DeepSeek for AI Development in China

Apple Inc. has selected Alibaba Group Holding Ltd. over DeepSeek to develop AI features for iPhones in China, leveraging Alibaba's vast consumer data. This move aligns with Chinese...

Business

JPMorgan Payments Partners with Klarna to Revolutionize Buy Now, Pay Later Options

Klarna Bank AB partners with JPMorgan Chase & Co. to integrate its Buy Now, Pay Later (BNPL) and flexible finance options into J.P. Morgan Payments' Commerce Solutions Platform, ai...

Business

India Leads Global AI Adoption with Over 60% Usage, Doubling the Worldwide Average

India's AI usage at 65% doubles the global average, with millennials leading the trend. Concerns over online abuse and AI risks grow, highlighting the need for safer digital spaces...

Business

RBI's Strategic Rate Cut: A Bold Move Towards Economic Stimulus and Stability

The Reserve Bank of India's decision to cut the repo rate by 25 basis points to 6.25% aims to stimulate consumer spending and ensure financial system liquidity, reflecting a calibr...