Nazara Technologies Acquires SoapCentral.com, Stock Price Soars 19% in Just Two Days
Absolute Sports, which is a subsidiary of Nazara Technologies, has acquired a US entertainment site SoapCentral.com for USD 1.4 million. With this move, Absolute Sports entered into entertainment publishing, complementing its sports media operations. Following this announcement, Nazara Tech's stock surged by 19%
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Lawsuit Filed Against Microsoft and OpenAI Over Alleged Misuse of Newspapers’ Content
The Eight newspapers owned by investment firm Alden Global Capital's MediaNews Group say that the companies illegally used millions of their articles to train AI products, including Microsoft's Copilot and OpenAI's ChatGPT, the lawsuit says
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YouTube Shorts vs. TikTok: Battle of Short-Form Video Platforms Intensifies in US
With TikTok's future uncertain, there is always a possibility that new players will enter the market. Whether it's through legal maneuvering or organic growth, social media is ripe for change
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US FTC Votes to Ban Majority of Noncompete Agreements, Citing Worker Freedom Concerns
A non-compete agreement is a legal arrangement between an employee and his or her employer whereby the employee refrains from entering into direct competition with his or her employer in the future
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WhatsApp Developing In-App Dialler for Voice Calls, To enable call to Unsaved Numbers
By eliminating the need to save contacts for one-off calls, this new feature is expected to streamline the user experience on WhatsApp, making it more efficient and user-friendly.
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Tesla Stocks Surge Following Q1 Earnings Report | To Launch Cheaper Cars
Bank of America maintained its price target at USD 220 per share, indicating a potential upside of more than 50% relative to the previous day's closing price
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Cloud and Data Security Startup Rubrik, Inc. Files for IPO: Shares to List in NYSE
Reports suggest the Rubrik may seek to raise between USD 500 million to USD 700 million in its IPO. Details regarding the size and price of Rubrik’s shares will be disclosed in a subsequent filing.
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