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Business

OpenAI Eyes $40 Billion Funding Boost, Valuation Soars to $340 Billion

OpenAI is in talks for a new $40 billion funding round, potentially raising its valuation to $340 billion. SoftBank is expected to lead the investment, with funds partially allocat...

Business

Visa Reports a 10% Revenue Surge to $9.5B in Q1 2025, Beating Estimates

Visa Inc. reported a 10% revenue increase to $9.5 billion in Q1 2025, exceeding expectations. CEO Ryan McInerney credits strong holiday spending and growth in payments volume. Shar...

Business

Samsung's Q4 Revenue Soars by 12% to $52.5B, Marking a Significant Annual Growth

Samsung Electronics Co. reports a 12% increase in Q4 2024 revenue to $52.5B, with significant annual growth. Despite a QoQ decrease, the company's annual revenue and operating prof...

Business

OpenAI Eyes $40 Billion Boost in New Funding Round, Valuation Soars to $340 Billion

OpenAI is in talks for a new $40 billion funding round, potentially raising its valuation to $340 billion, with SoftBank leading the investment. Funds will support OpenAI's commitm...

Business

Visa Reports a 10% Revenue Surge to $9.5B in Q1 2025, Beating Estimates

Visa Inc. reported a 10% increase in Q1 2025 revenue to $9.5 billion, exceeding estimates. GAAP net income rose by 5% to $5.1 billion, with a notable 8% increase in earnings per sh...

Business

Samsung's Q4 Earnings Surge: A 12% Leap to $52.5 Billion in Revenue

Samsung Electronics Co. announced a 12% increase in Q4 2024 revenue, reaching 75.8 trillion won ($52.5B), with operating profit at 6.5 trillion won. Despite a QoQ decrease, annual ...

Business

Italy Takes Immediate Action: DeepSeek Blocked Amid Data Protection Concerns

Italy's Data Protection Authority has ordered an immediate restriction on DeepSeek to protect user privacy, alongside launching an investigation. This comes after DeepSeek V3's lau...

Business

OpenAI Seeks $40 Billion in New Funding Round to Elevate Valuation to $340 Billion

OpenAI is in early talks for a new funding round aiming to boost its valuation by $40 billion to $340 billion, with SoftBank expected to lead the investment. Part of the funds will...