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Business

Microsoft Bids Farewell to Skype After 21 Years, Paving the Way for Teams Dominance

Microsoft officially retires Skype after 21 years, shifting focus to Microsoft Teams. Users can migrate seamlessly with their existing credentials. Skype's decline attributed to it...

Business

3G Capital Secures $9.4B Deal to Privatize Skechers, Marking a New Era for the Shoe Giant

3G Capital has agreed to acquire Skechers USA Inc. for $9.4 billion, offering a 30% premium per share. The deal, set to close in Q3 2025, will transition Skechers to private owners...

Business

Apollo CEO Warns: US Economy Faces Potential Recession Due to Tariff Policies

Apollo Global Management CEO Marc Rowan warns of potential US economic recession due to Trump's tariff policies, criticizing their execution while supporting the broader trade obje...

Business

Unraveling the Trade Puzzle: How China Stands at the Heart of Trump's Economic Strategy

US Treasury Secretary Scott Bessent at the Milken Conference highlighted China as central to Trump's trade strategy, praised the resilience of the US economy, and affirmed the US's...

Business

Apple Challenges Court Ruling on App Store Monopoly: A Battle Over Developer Freedom

Apple Inc. appeals a U.S. court ruling that found it in contempt for not complying with an order to loosen App Store controls, following an antitrust case by Epic Games. The judge ...

Business

Indian Rupee Strengthens to 84.30 Against USD Amid Crude Oil Drop and Equity Surge

The Indian rupee appreciated to 84.30 against the US dollar, supported by lower crude oil prices and strong equity gains. Analysts highlight sustained FII inflows and a softening U...

Business

Apple Challenges Court Ruling Over App Store Antitrust Violations in Landmark Appeal

Apple Inc. appeals a U.S. federal judge's ruling finding it in contempt for not complying with an order to loosen App Store controls, amidst allegations of restricting developer fr...

Business

Bill Ackman's Pershing Square Makes a Bold $900M Investment in Howard Hughes, Signaling a New Era

Howard Hughes Holdings Inc. announces a $900M investment from Pershing Square Capital Management, with Bill Ackman becoming Executive Chairman. The move aims to diversify HHH while...