Month: November 2024

Eric Yuan, founder and CEO of Zoom Communications Inc., spoke about the company's ongoing transformation at the annual Concordia Summit held in New York on September 25, 2024. The video conferencing giant, formerly known as Zoom Video Communications, reported solid financial results for its fiscal third quarter, but its shares fell 4% in extended trading on Monday amid mixed investor sentiment regarding its future guidance. Zoom posted results that beat Wall Street's expectations, showing steady growth in an evolving market for its services. According to LSEG financials, the company outperformed analysts' projections in both earnings per share and revenue. Adjusted…

Databricks, one of the world's most valuable private technology companies, is raising billions of dollars in new funding as it chooses to delay its long-awaited public offering, sources familiar with the matter told CNBC. The San Francisco-based company is reportedly securing at least $5 billion in its latest funding round, with the potential to raise as much as $8 billion as discussions progress. This new round would push Databricks' valuation to $55 billion, making it one of the most valuable private technology companies globally. The funding round, according to insiders, is partly designed to allow employees to sell shares, easing…

Liverpool produced a commanding performance against Real Madrid in the Champions League on Wednesday, leaving Carlo Ancelotti's side reeling. Among those under most scrutiny was Kylian Mbappe, whose disappointing performance, capped by a missed penalty, added to an already challenging start to his time at the Spanish club. With Vinicius Junior unavailable due to injury, the stage seemed set for Mbappe to shine and cement his place as the cornerstone of Real Madrid's attack. Instead, the French striker faltered, failing to take advantage of key opportunities and struggling to establish himself against an energetic Liverpool side. Mbappe's frustration was evident…

President-elect Donald Trump has nominated Kevin Hassett to lead the National Economic Council (NEC), placing the veteran economist at the forefront of the administration's decision-making on trade, taxes and deregulation. The announcement, made by Trump on his social media platform Truth Social, marks a significant step in finalizing his economic team ahead of Inauguration Day on Jan. 20. Hassett, who previously served as chairman of the White House Council of Economic Advisers (CEA) during Trump's first term, is no stranger to the administration's economic agenda. During his tenure at CEA, Hassett played a critical role in supporting the 2017 Republican…

Mexican President Claudia Sheinbaum has expressed willingness to engage in dialogue with U.S. President-elect Donald Trump, but made clear that any unilateral trade measures imposed by his administration will be met with reciprocal action by Mexico. In a letter he plans to send to Trump, Sheinbaum stressed the need for cooperation and mutual understanding, cautioning against addressing complex issues such as migration and drug trafficking through threats or punitive tariffs. “It is not through threats or unilateral measures that we can address immigration or drug use in the United States,” Sheinbaum said in his letter. However, he added that if…

As President-elect Donald Trump renews his calls for high tariffs on imports from China, Canada and Mexico, the global auto industry braces for potential supply chain disruptions and rising costs. However, Ferrari, the iconic Italian luxury automaker, appears uniquely positioned to weather the storm, even as other manufacturers face growing challenges. Trump's proposed measures include a 10% tariff on all goods entering the United States from China and a 25% tariff on imports from Canada and Mexico, triggering concerns across industries that rely heavily on global trade. While European automakers have yet to be directly targeted, analysts suggest it may…

US-China economic relations are facing new uncertainties after President-elect Donald Trump announced plans to impose an additional 10% tariff on all Chinese imports. The announcement, made on its social media platform Truth Social, signals a significant escalation in trade tensions between the world's two largest economies. Trump's statement came shortly after he revealed his intention to enact a 25% tariff on all imports from Mexico and Canada as one of his first executive actions on Jan. 20, the day he took office. This move is expected to effectively dismantle the existing regional free trade agreement between the three nations. Trump…

The allure of raising twins captivates many individuals, presenting a distinctive and gratifying journey in parenting. Although there is no surefire method to ensure having multiples, several elements can enhance the likelihood.Let us delve further into the science associated with twin pregnancies and examine strategies to enhance your likelihood, particularly for those hailing from New Zeland.What does experiencing a multiple pregnancy entail?Multiple pregnancies are generally classified into two types: identical twins and fraternal twins. Identical twins emerge when a single fertilized egg divides into two embryos, possessing identical DNA. Conversely, fraternal twins arise from two different eggs each fertilized by…

The allure of twin pregnancies holds a special appeal for numerous individuals, providing an exceptional and gratifying journey in parenting. Although ensuring the birth of multiples can't be guaranteed, there are specific factors that might heighten the likelihood.Let's delve into the science surrounding multiple pregnancies and examine strategies to increase your odds, especially if you're residing in South Africa.What does experiencing a multiple pregnancy entail?Multiple pregnancies are generally categorized into two main types: identical twins and fraternal twins. Identical twins arise from one fertilized egg that divides into two embryos, possessing identical DNA. Conversely, fraternal twins result from two separate…

The allure of having twins captivates numerous people, promising a distinctive and fulfilling journey in parenting. Although no method ensures the conception of multiples, some elements might enhance the likelihood.Let's go deeper into the science behind twin pregnancies and explore options to boost your chances if you’re from Georgia.What is involved in having a multiple pregnancy?Multiple pregnancies are generally categorized into two main types: identical twins and fraternal twins. Identical twins arise from one fertilized egg that divides into two embryos, possessing identical DNA. Conversely, fraternal twins result from two separate eggs, each fertilized by different sperm, leading to unique…