Walmart is preparing for the potential initial public offerings (IPOs) of its subsidiaries, Flipkart and PhonePe. This process may take several years, according to Dan Bartlett, Walmart’s executive vice president for corporate affairs. Overview of the IPO Timeline During Walmart’s shareholder meeting in Bentonville, Arkansas, Bartlett emphasized that the IPOs are being considered over the…
Recently, concerns have been raised about NewsBreak, a popular news aggregation app in the United States. U.S. lawmakers are calling for closer examination of the app due to its Chinese origins and the use of artificial intelligence tools that have produced erroneous stories. This article delves into the issues surrounding NewsBreak, its connections to China,…
Stock influencer Keith Gill, known for his role in the GameStop (GME.N) stock rally of 2021, made a highly anticipated return to livestreaming on Friday. Despite drawing a significant audience, his appearance did not generate the investor enthusiasm needed to reverse the company’s recent stock slump. Gill’s Livestream and Its Impact Keith Gill, who gained…
Google has recently sidestepped a jury trial in a significant antitrust case by paying $2.3 million to settle monetary damages claimed by the U.S. government. This move, determined by a federal judge, shifts the case to a non-jury trial focused on non-monetary demands. The upcoming trial, set for September 9, will address the Justice Department’s…
In a significant update to the S&P 500, three notable companies—private equity firm KKR & Co, cybersecurity specialist CrowdStrike, and internet services provider GoDaddy—are set to join the prestigious index before the market opens on June 24. This change reflects the dynamic nature of the market and the evolving focus of investors on sectors such…
