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Why Software Company Cellebrite Shares Are Up Today
Cellebrite DI reported strong Q1 FY24 results with revenue up 26% YoY, ARR at $331.8 million, and EPS beating consensus. Outlook remains positive with expected revenue of $90M-$94M in Q2 and $370M-$380M for FY24. read more.....»»
Trump Media & Technology Group Reports Over $300M Loss In First Earnings Since Going Public: Truth Social Parent "Remains Focused On Long-Term Product Development"
For the three months ending Mar. 31, the company posted a loss of $327.6 million, which included $311 million in non-cash expenses related to its merger with Digital World, a company created specifically to merge with a target business. read more.....»»
Walmart closing South Jersey fulfillment center, laying off hundreds
The planned closure of the facility comes as the retail giant opens a 1.5 million-square-foot next generation fulfillment center in Central Pennsylvania......»»
An engineering giant behind Apple"s HQ and the Sydney Opera House lost $25 million when scammers tricked an employee with a deepfake of a senior exec
Scammers used deepfakes to scam an employee in the Hong Kong office earlier this year, costing UK-based engineering giant Arup $25 million. An employee at the company's Hong Kong of.....»»
Kaiser Permanente"s charitable programs take aim at the root causes of community health
The health care giant gave $6.44 million in donations to Washington organizations last year targeting issues like food security, housing, mental health and racial equity identified in its regular community needs assessments......»»
The National Observer: These companies joined the SBA"s $5M club
In this edition of The National Observer, we look at why the SBA's $5 million club is getting even more crowded, share our new List of the largest SBA loan recipients and explore fallout from a health care giant's bankruptcy......»»
Elon Musk Agrees "Meta Can"t Be Trusted" After Zuckerberg-Led Social Media Giant Hit With $37M Fine Over Data Sharing Practices
Elon Musk threw shade at Mark Zuckerberg after Meta Platforms was slapped with a $37.2 million fine by Turkey's competition board. read more.....»»
Tesla Semi Scores Another S&P 500 Name After Pepsi And Walmart? Video Shows Big-Box Retailer Using EV Giant"s Heavy Truck
It remains unclear whether the Semi is undergoing testing or has been purchased by the retail giant. read more.....»»
Towns in Florida With the Worst Poverty
More than 60 years have passed since President Lyndon Johnson declared war on poverty, and yet, poverty remains endemic in the United States. In any given year over the last three decades, anywhere from 31.6 million to 48.8 .....»»
Lockheed Martin drops bid to acquire satellite maker
The defense and aerospace giant is stepping back after offering to buy the company for $600 million......»»
Boston staffing firm Motion Recruitment acquired in $485M deal
The Boston-based parent company of recruiting firms Motion Recruitment, Sevenstep and Jobspring will be acquired by a Michigan staffing giant for $425 million in cash......»»
Tesla Exec Says 1,000 Cybertrucks A Week Prove 4680 Cell Production Isn"t A Bottleneck: "We Expect To Stay Ahead..."
In December, Reuters reported that the EV giant is struggling to make 4680 cells fast enough to meet its targeted annual delivery rate of a quarter million Cybertrucks. read more.....»»
Why This Tesla Bull Remains Stubbornly Optimistic About EV Giant Amid Cloud Of Doubts: "Every Headline Is Either World-Ending Or World-Beating..."
Stating that he is taking a balanced view, the analyst said the first-quarter deliveries miss was not only demand-driven but also supply-driven. Latest Ratings for TSL.....»»
VC funding in Seattle area picks up, but climate remains "defensive"
Local companies landed more than $700 million in venture funding during the first quarter, up nearly 14% from last year......»»
Team plotting indoor ski slope in Virginia aims to go national
It remains to be seen whether Alpine-X LLC will ultimately get to build Fairfax Peak, its proposed, $200 million flagship indoor snow sports facility atop a capped landfill in Fairfax County, Virginia, but the company is already looking to export the.....»»
Goodman breaks ground on giant logistics facility in Orange County
The 1.5 million-square-foot campus enables same-day delivery to more than 20 million consumers......»»
Sysco unveils three-year growth plan
Houston-based food distribution giant Sysco Corp. (NYSE: SYY) is rolling out a multipart plan to grow 1.5 times faster than market average and reduce $750 million in costs by fiscal year 2024......»»
Amazon plans another facility in Alabama
Amazon.com Inc. is expanding its presence in Alabama yet again. The online retail giant plans to open a 1 million-square-foot fulfillment center in the Limestone Country portion of Huntsville and is expected to create over 500 jobs in t.....»»
Epic Games, the video game giant in a legal battle with Apple, is turning a defunct mall into a new headquarters - see inside
Epic spent $95 million on the mall, w.....»»
A Canadian bitcoin ETF has attracted $823 million in just 3 weeks since launching as crypto demand remains strong
The 3iQ CoinShares Bitcoin ETF has benefited from surging interest in crypto from both retail and institutional traders. S3studio/Getty Images .....»»