Nike CFO Comeback Strategy: Recovery After 10% Revenue Drop
Nike, the global sportswear giant, recently experienced a challenging first quarter with revenue down 10% year-over-year to $11.6 billion after CEO John Donahoe stepped down and faced cuts. Major leadership change The company’s direct-to-consumer (DTC) business took a hit. Nike Direct revenue fell 13%, mainly due to a sharp 20% decline in its digital...
Ratan Tata’s Investment in Upstox Achieves 23,000% Return
Ratan Tata, the Iconic Indian Industrialist, recently sold a 5% stake in Upstox, a Mumbai-based stockbroking startup. This strategic move underscores our astute investment acumen. The company confirmed the sale and revealed that Tata has earned a staggering 23,000% return on its initial investment. Despite this transaction, Tata still holds 95% of the original...
OpenAI’s Bold Move: Real-Time API and More at DevDay!
OpenAI recently held its highly anticipated DevDay event. It reveals groundbreaking advancements designed to push the boundaries of artificial intelligence. Key announcements include the release of Realtime API, visualization customization, model distillation. and fast storage Its purpose is to increase how developers create low-latency experiences. These innovations make AI-powered applications more powerful, interactive, and...
Snapchat Footsteps Feature: Tracks Your Travels on Snap Map
Snapchat is one of the most popular instant messaging platforms in the world. A long-awaited feature has just been released. Previously only Snapchat + Subscribers were able to access: Footsteps, this new feature is now available to all iOS users, allowing them to track their travels to different locations using Snap Map. More than...
Retail Investors Unload Shares Worth ₹7,500 Crore in September
Retail investors sold over Rs 7,500 crore of stocks throughout September 2024, the biggest exodus since March this year. This is despite a massive selloff extending unprecedented highs in the Indian stock market. Meanwhile, domestic and foreign institutional investors are eager to buy stocks, accumulating them. As retail investors withdrew, domestic companies invested ₹17,421...
LinkedIn Top Voice: After the Gold Community Badge Is Retired
Social media platforms are evolving rapidly. And one area that has seen a major change is the way in which top creators are rewarded. In the early days, the blue tick or badge was a badge of honour on social media platforms like Instagram and Twitter, indicating that users had access to influence. or...
YouTube’s New “Website Visits” Goal: Drive Traffic Easily
YouTube has launched a new way to increase website traffic through paid promotions by adding targeted ads. YouTube’s New “Website Visits“ to the campaign options within YouTube Studio. With this new feature, channel managers running simple YouTube promotions in YouTube Studio can now choose ‘Website Visits’ as their target goal. This is in addition...
iPhone 16 Release Date: Watch Live and What to Expect
Apple enthusiasts across the world are looking forward to the company’s annual iPhone 16 release date, which will take place today at Apple Park in California, US at 10 AM PT (10:30 PM IST). The event, titled “It’s Glowtime,” is planned for the launch of the highly-anticipated iPhone 16 series. New ecosystem products include...
Instagram Launches Comments on Stories to Boost Engagement
Instagram introduced a way to boost engagement. Now, comments will be visible to anyone viewing the instagram story. In a preview shared by Taylor Lorraine, some Instagram users are getting warnings about a new way to comment on Stories. The report says, “Now you can tell stories about Stories.” You can see what everyone...
Whatsapp Testing New ‘Imagine Me’ AI Feature : How it works
Meta is introducing another AI feature to WhatsApp with a new image creation tool. This tool allows you to place yourself in imaginative scenes for your profile picture. As shown in this screenshot from Android Authority, Meta is working on a new feature for WhatsApp called “Imagine Me”. It allows you to use AI...