Business
In the last financial year, Toyota Motor, Japan's leading carmaker, recorded an impressive rise in net profit, which almost doubled to a record 4.94 trillion yen, equivalent to about 742 billion kronor. This remarkable increase in profits was supported by several factors, including strong demand for vehicles following the end of the covid-19 pan...
A rollercoaster ride for Trump Media & Technology Group (DJT) shares has left investors reeling, as the stock's value has tumbled, erasing all the gains it had amassed since its debut in March. Once soaring to a high of $80 per share, the stock now languishes at approximately $37 per share, marking a significant downturn. The latest devel...
The Czech online business has recently seen significant personnel changes that will affect one of the biggest players on the market, Slevomat. Ladislav Veselý, the long-time director of this popular discount platform, recently announced his departure on parental leave. He is to be replaced by Tomas Braverman, former director of Heureka and one o...
In light of recent events, the world's media has noted a new twist in the plans of controversial billionaire Elon Musk, who recently renamed the social network Twitter to the simple letter X. The move sparked a wave of controversy, but in Musk's own words, it was just the beginning of his ambitious plan. Musk insists that the letter X now bel...
The administrator of the fallen crypto exchange has decided to sell two-thirds of its stake in the promising startup Anthropic for $884 million, allowing it to pay off former clients. The story of the bankrupt FTX exchange, which began in October 2019, will come to a head with a captivating ending. The villain, founder Sam Bankman-Fried, is behi...
Robe Lighting, based in Rožnov pod Radhoštěm, has recently made a strategic move into the professional lighting market by acquiring Australian company LSC Control Systems. This acquisition is an important step in Robe Lighting's efforts to strengthen its position as a major player in the world of professional lighting. LSC Control Systems, ba...
Elon Musk is no longer the world's richest person after shares in his company Tesla plunged 7.2 percent on Monday, knocking him off the top of the Bloomberg Billionaires Index. Jeff Bezos has become the world's new richest person. Musk now has a net worth of $197.7 billion, while Bezos' fortune stands at $200.3 billion. This is the first time...
OpenAI, the maker of the ChatGPT chat system, has opposed a lawsuit by Elon Musk, who claims the company has abandoned its original purpose. According to the company's co-founders, including CEO Sam Altman, Musk sought to take control of OpenAI and sought a directorship. They also claim that Musk initiated a campaign to merge OpenAI with Tesla i...
Nvidia's financial results for the last quarter of last year exceeded all expectations and redrew the economic map. The US chip giant reported a meteoric rise in profits to $12.3 billion, a jump of 769 per cent compared to the same period last year. Sales reached a respectable $22.1 billion, a dramatic increase of more than three times compared ...
