Reports Stack News and Updates

Vice Media Group, which was once a digital media sensation, filed for bankruptcy protection on Monday due to years of financial struggles. Following the filing, a group of Vice’s lenders, including Fortress Investment, Soros Fund Management, and Monroe Capital, plans to acquire the company. Over the past few months, the ...

The FDA has granted approval for Veozah (fezolinetant), an oral medication designed to treat moderate to severe vasomotor symptoms, including hot flashes, associated with menopause. This marks the first FDA-approved neurokinin 3 (NK3) receptor antagonist for treating hot flashes caused by menopause. Veozah functions by binding to and inhibiting the ...

On Thursday, Elon Musk announced that there will be a new CEO for Twitter and that he will transition to a product and technical position. The identity of the new CEO, who will begin in approximately six weeks, was not disclosed by Musk in his tweet. However, according to sources ...

On Wednesday, CEO Satya Nadella informed Microsoft employees that the company would be postponing salary hikes for full-time staff. This decision by Microsoft is consistent with their goal of cost reduction due to a decline in revenue growth and decreased client spending. In January, the company announced its plan to ...

On May 10, the annual Google I/O 2023 conference will take place, featuring the latest software and hardware breakthroughs from the tech giant. The event typically includes a keynote revealing updates on Android and Pixel smartphones, among other things, and is the largest yearly event for developers. Google I/O is ...

China’s exports have grown for the second consecutive month, albeit at a slower pace, rising 8.5% in US dollar terms in April, while imports fell 7.9% compared to the same period last year. Reuters economists had predicted a rise of 8% in exports and no change in imports. In March, ...

On Monday, Australia’s Labor government announced that it would allocate 14.6 billion Australian dollars ($9.84 billion) over four years in the federal budget to provide relief for families and businesses struggling with the cost of living. The government has assured that this move will not lead to inflation. According to ...

After more than three years since the COVID-19 pandemic emerged, the World Health Organization declared on Friday that it is no longer a global public health emergency. During a press conference on Friday, WHO Director-General Tedros Adhanom Ghebreyesus declared that COVID-19 is no longer a global health emergency with optimism. ...

On Friday, the value of ether surged as investors took a chance on the latest memecoins in the cryptocurrency market. According to Coin Metrics, ether ended the day up 5.61% at around $1,990. Although it briefly exceeded the crucial $2,000 level in April after the Shapella upgrade, it is still ...

Apple’s CEO, Tim Cook, announced during the company’s earnings call on Thursday that the tech giant had achieved a quarterly revenue record in India in the first quarter of the year. Cook highlighted the potential of India as a crucial market for both iPhone sales and manufacturing. He stated that ...