US digital giant Microsoft has announced it will spend billions of dollars on an artificial intelligence data center in Spain, adding to a major investment project planned in Germany. Spanish Prime Minister Pedro Sanchez and Microsoft executive Brad Smith announced Monday an investment of 1.95 billion euros ($2.1 billion) over two years. The funds will…
Capital One announced it will acquire Discover Financial Services for $35.3 billion in an all-stock deal that will give the bank an edge in the competitive credit card market. Under the terms of the deal announced Monday night, Discover (DFS) shareholders will receive just over one Capital One (COF) share for every Discover share they…
The latest pleasure that Wendy’s is adding to its breakfast menu comes from an unexpected source: another fast food company. Other chains have already placed this kind of dangerous wager. Rival partnerships might increase revenue, but they can also enrage restaurant owners. Starting on February 26, Wendy’s and Cinnabon will collaborate to introduce a new…
The Asian giant fell into an unexpected recession, and Japan lost its position as the world’s third largest economy to Germany. Japan, once the world’s second-largest economy, on Thursday reported its second consecutive quarter of economic contraction. The revised annualized rate for the third quarter was a decrease of 3.3%, but the annualized rate of…
The current generation Audi S3 has been on the market for about four years, therefore it’s time for a redesign. The compact performance car, thinly clad in a classic Audi Sport paint, is being shown in hatchback and sedan body variants. Considerably more mechanical modifications have been made for a mid-cycle upgrade alone. The familiar…
Super Bowl viewers won’t want to miss the ad campaign from e-commerce company Temu, which promises low prices that allow customers to “shop like a billionaire.” According to Apple rankings on Monday, the company’s app ranked him second among the most downloaded free apps on his Apple devices. The platform sells affordable versions of everything…
Song feeling Taylor Swift clearly had a second private jet on reserve because she considered it vital to fly from Tokyo, Japan back to the United States in order to see her boyfriend Travis Kelce play in the Super Bowl. The global flight tracking service FlightRadar24 announced on Saturday that Swift, who was in Tokyo…
Instagram revealed on Friday that both Threads and Instagram will no longer actively recommend political content. In a press statement, the social networking site stated, “We want Instagram and Threads to be a great experience for everyone.” It continued, “If you decide to follow accounts that post political content, we don’t want to get between…
To increase its ad revenue, Pinterest just announced a new partnership with Google. Having last year inked a multiyear agreement with Pinterest, Google is the social network’s second third-party ad partner. While reporting Q4 2023 earnings that fell short of analyst estimates, the company discussed the Google partnership. Pinterest’s monthly active users increased to 498…
PepsiCo released mixed quarterly results on Friday, citing a decline in North American demand for its beverages and food products. According to CEO Ramon Laguarta, the fourth quarter saw a general decrease in US sales. In a conference call with investors, he said, “Part of that is a slowdown due to pricing and [consumers’] disposable…