
Opendoor CEO Unveils Radical Plan to Save Real Estate Firm
Facing persistent losses, Opendoor's new CEO Kaz Nejatian is rolling out a radical turnaround plan involving a 20% staff cut and a shift to a high-volume sales model.
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Facing persistent losses, Opendoor's new CEO Kaz Nejatian is rolling out a radical turnaround plan involving a 20% staff cut and a shift to a high-volume sales model.

Thousands of Bank of America customers reported issues with mobile and online banking services on Friday, with many unable to view accounts or seeing incorrect balances.

D-Wave Quantum Inc. announced a 100% increase in Q3 revenue to $3.7 million, but also reported a significantly wider net loss of $140.8 million.

Skyworks Solutions has agreed to acquire Qorvo in a cash-and-stock deal valued at around $22 billion, a major consolidation in the semiconductor industry.

The ninth Future Investment Initiative in Riyadh is drawing global leaders, with a major focus on technology, AI, and innovation, leading to significant project announcements and international partner

Paladin Power is introducing a non-lithium energy storage system using graphene technology, aiming to provide a safer and longer-lasting alternative for grid independence.

Apple's stock surged 4.6% on Monday, driven by strong early sales data for the iPhone 17 in the U.S. and China, signaling renewed investor confidence.

The UK government is introducing a new payment processing system for its digital services to enhance efficiency and user experience across various departments, from tax payments to passport applicatio

Global tech firm Innovate Corp has announced a $2 billion investment in NexusFlow, a new AI-powered logistics platform set to challenge industry leaders and create 5,000 jobs.

Microsoft has announced a $2 billion plan to build a new cloud and AI data center in Aragon, Spain, aiming to boost its European infrastructure and create 1,500 jobs.

QuantumLeap AI has announced a $5 billion investment to build a new AI research hub and data center in New Albany, Ohio, creating thousands of new jobs.

Google has committed $2 billion to build its first data center and cloud region in Malaysia, a move expected to add $3.2 billion to the nation's GDP by 2030.