Cisco’s ThousandEyes internet monitoring unit recently introduced cutting-edge artificial intelligence-powered capabilities designed to significantly enhance the prediction and diagnosis of internet outages and disruptions. The latest AI technology, known as Digital Experience Assurance (DXA), equips customers utilizing Cisco’s networking technology with the ability to proactively address network quality issues automatically. This marks a significant shift
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As global investors continue to monitor economic data around the world, Asian share markets have seen mild weakening. This shift comes as manufacturing activity in the United States, the world’s largest economy, has shown signs of further deterioration. While MSCI’s index of Asia-Pacific shares outside Japan experienced a slight decline of 0.1%, it is important
Recent reports suggest that Paramount and Skydance have reached an agreement to merge their operations. This merger, spearheaded by David Ellison’s Skydance and backed by private equity firms RedBird Capital and KKR, could potentially reshape the landscape of the entertainment industry. The negotiations have been intensive, with both parties working towards finalizing the terms of
Recently, the Consumer Financial Protection Bureau (CFPB) made an announcement regarding the creation of a public database that aims to identify nonbank financial companies involved in violating consumer laws. This new regulation requires a wide range of financial services companies, such as debt collectors, mortgage lenders, and credit reporting agencies, to report any actions taken
Moderna and Merck recently shared positive three-year data on their experimental vaccine in combination with Keytruda for patients with the most deadly form of skin cancer. The combination of the vaccine and Keytruda showed significant improvements in survival rates and exhibited long-lasting efficacy in a midstage study presented at the American Society of Clinical Oncology
The pre-market trading session has revealed a significant surge in GameStop’s stock, with a remarkable over 77% increase. This surge comes amid speculation that Keith Gill, famously known as Roaring Kitty, holds a stake in GameStop worth $116 million. On the other hand, AMC Entertainment has also seen a notable rise of about 25% in
Monzo, a prominent British digital challenger bank, recently made headlines by announcing its first full year of profitability. According to the fintech startup’s annual financial report, it recorded pre-tax profits of £15.4 million ($19.6 million) in the 2023-2024 fiscal year. This achievement marked a significant turnaround from the previous year, where Monzo suffered a loss
Dutch digital bank Bunq has set its sights on obtaining a banking license from UK financial regulators, with hopes of achieving this milestone by the end of the year or early next year. CEO and founder Ali Niknam expressed optimism about the process, acknowledging the differences in regulatory requirements between the UK and other European
The currency market kicked off the week on a cautious note, with the dollar showing a slight decline on Monday. This came after data from the previous week indicated that U.S. inflation had stabilized in April. The market sentiment revolves around the possibility of the Federal Reserve cutting interest rates later in the year, as
Recently, Skydance Media made a revised offer to Paramount Global to purchase a specific number of non-voting Paramount shares at $15 each. This new proposal represents a significant premium of approximately 26% to the closing price on Friday. Following the revised offer from Skydance Media, a special committee of Paramount’s board has agreed to recommend
Recently, there have been claims made that former President Donald Trump promised oil executives a reduction in regulations in exchange for financial support for his potential return to the White House. However, North Dakota Gov. Doug Burgum, who is rumored to be a potential pick as Trump’s running mate, has vehemently denied these allegations. According
In a surprising move, Nvidia CEO Jensen Huang unveiled the company’s next generation of artificial intelligence chips, named “Rubin,” just months after the announcement of the “Blackwell” model. The announcement took place ahead of the COMPUTEX tech conference in Taipei, marking a significant advancement in AI chip technology by Nvidia. With the introduction of Rubin,
Pegasus Airlines, a budget carrier based in Turkey, is gearing up for its next phase of growth by placing a significant order for 36 Airbus A321neo planes. This move comes on the heels of a strong recovery in travel demand post-pandemic. The airline has shown resilience and forward-thinking in its strategic decision-making, with total orders
In May, Australian home prices experienced a significant increase, marking the largest monthly gain since October. Data from property consultant CoreLogic revealed that national home prices rose by 0.8%, extending the growth streak to sixteen consecutive months. Compared to April, when prices saw a 0.6% increase, the current figures show a steady upward trend. Year-on-year,