Five9, a prominent cloud software company specializing in contact center solutions, has recently faced challenges in maintaining its growth trajectory. With a slowdown in revenue growth from 40% in 2021 to 17% last year, investors are becoming increasingly concerned about the company’s ability to sustain its competitive edge in the market. This deceleration in growth
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AMC Theatres, under the leadership of Adam Aron, has been making waves in the film industry with their foray into concert film releases. After the success of Taylor Swift: The Eras Tour, the theater chain is partnering with Trafalgar Releasing and Sony Music Vision to bring Usher: Rendezvous in Paris to screens worldwide. This unique
Disney and Marvel’s “Deadpool & Wolverine” has shattered expectations with a staggering $38.5 million in Thursday previews. This highly anticipated film is on track for a domestic opening of over $150 million, setting a new record for an R-rated movie. It is the first R-rated entry in the Marvel Cinematic Universe, making it a groundbreaking
The aviation industry is constantly evolving, with advancements in technology paving the way for new modes of transportation. One such innovation is the electric vertical take-off and landing (eVTOL) aircraft, which promises to revolutionize urban travel. Eve, a subsidiary of Embraer, recently unveiled its full-scale prototype of a “flying taxi,” marking a significant milestone in
Ford Motor Company recently announced its plans to expand production of its large Super Duty trucks to a Canadian plant, diverting from the original plan of converting the plant into an all-electric vehicle hub. This strategic shift involves investing approximately $3 billion, with $2.3 billion allocated to Ford’s Oakville Assembly Complex in Ontario, Canada. The
Macy’s, a department store giant, recently announced that its board has decided to terminate negotiations with Arkhouse and Brigade, an activist group that was in talks to take the retailer private for $6.9 billion. The reason cited for this decision was the lack of certainty of financing and the failure to deliver compelling value. Despite
In a surprising turn of events, A24’s drama Sing Sing, featuring Colman Domingo, has made its mark as the third highest limited opening film of the year. The film, set against the backdrop of the Sing Sing Correctional Facility, grossed an impressive $137,119 on just four screens, resulting in a per screen average of $34.3k.
The landscape of the electric vehicle (EV) market is constantly evolving, with new players entering the scene and existing ones striving to maintain their competitive edge. South Korean EV battery maker SK On, a unit of energy group SK Innovation, is facing challenges amid slowing global EV demand. In an effort to adapt to the
Elon Musk’s brain tech startup, Neuralink, has been making waves in the field of brain-computer interfaces (BCIs). Recently, Musk announced that the company hopes to implant its system in a second human patient within the next week. However, after encountering hardware problems with their first participant, the company is striving to make necessary changes to
Etsy, the online marketplace that was once a haven for artisans and craft makers, has been experiencing a shift towards mass-produced, generic items in recent years. This influx of resellers has prompted Etsy’s CEO, Josh Silverman, to take action in an effort to return the platform to its roots. A major overhaul of the site’s
Recent reports have revealed that the CEO of British fintech company Revolut, Nikolay Storonsky, is looking to cash in on a portion of his multibillion dollar stake in the company. This decision comes as part of a $500 million share sale, signaling a significant financial shift within the organization. The Financial Times had previously hinted
Aidan Gomez’s journey in the field of artificial intelligence has been nothing short of remarkable. Starting as an intern at Google Brain, Gomez played a pivotal role in co-authoring the groundbreaking “Attention Is All You Need” paper, which introduced the revolutionary transformer model to the world. His work has since led to the widespread adoption
A gory Hindi action film, “Kill,” is set to open on 827 screens through Roadside Attractions, marking the distributor’s initial venture into the realm of Indian cinema. The movie comes at a time when Indian films are experiencing heightened popularity in North America, with two recent films making their way into the top 10 box
Disney/Pixar’s Inside Out 2 has achieved a remarkable milestone by reaching the coveted $1 billion mark at the worldwide box office within just 19 days. This makes it the fastest animated movie ever to achieve this feat, surpassing the previous record held by Frozen 2, which reached $1 billion in 25 days. This accomplishment is