Press Release

NYT Takes on Tech Giants Microsoft and OpenAI in Billions-Dollar Lawsuit Over AI Copyright Infringement

NYT Takes on Tech Giants Microsoft and OpenAI in Billions-Dollar Lawsuit Over AI Copyright Infringement

The New York Times sues Microsoft and OpenAI for "billions" in damages, accusing them of unlawful copyright infringement. The lawsuit…

December 28, 2023

Coty Inc.: Bullish Outlook Sparks Investor Frenzy

Morgan Stanley maintains Equal-Weight rating on Coty Inc., projecting 25.13% stock price increase with a $13.44 one-year target. Coty Inc.…

October 3, 2023

Evergrande: Stocks Soar Amidst Founder’s Probe

China Evergrande's shares surged by 42% as founder Hui Ka Yan faced investigation for unspecified crimes, sparking restructuring hopes. The…

October 3, 2023

Sweet Success: Candy Crush Saga Hits $20B Revenue

Candy Crush Saga's Milestone: The mobile game has reached $20 billion in revenue since 2012, showcasing its long-lasting popularity. 15,000…

September 27, 2023

GE to Shed $2.44B AerCap Stake in Bold Move

General Electric (GE) to sell $2.44 billion stake in AerCap Holdings through public offering, part of ongoing divestment strategy. AerCap…

September 12, 2023

Goodyear Announces Job Cuts and Restructuring Plan Amid Investor Pressure

Goodyear plans to cut 1,200 jobs in Europe, Middle East, and Africa due to activist investor pressure from Elliott. The…

September 9, 2023

Barclays Taps JPMorgan Exec to Boost Private Equity Presence

Barclays hires Christian Oberle from JPMorgan to lead financial sponsors group in the Americas, focusing on private equity relationships. Oberle…

September 9, 2023

Rivian Rides Battery Cost Drop to EV Success

Rivian anticipates battery material price deflation in 2024, resulting from surging demand and supply chain disruptions. The expected cost reduction…

September 7, 2023

WeWork Seeks Lifeline: Experts Called In Amid Financial Crisis

WeWork's Financial Struggles: WeWork seeks restructuring advice due to heavy debt and poor financial performance. Market Reaction: Shares plummet by…

August 24, 2023

Kenya Probes Worldcoin: Data Concerns Fuel Cryptocurrency Scrutiny

Kenyan government initiates investigation into Worldcoin cryptocurrency due to concerns over data privacy and security risks. Parliamentary committee led by…

August 21, 2023