Salesforce Inc. (NYSE:CRM) has backed-off from a deal to take over data management software firm Informatica Inc. (NYSE:INFA) after the two could not agree to a takeover price, as per reports on Sunday. Business software maker, Salesforce and Informatica deal collapses as the two had failed to reach an agreement amid disagreements over the terms of the deal. (Image Credit: salesforce) The acquisition talks between Salesforce and Informatica were at an advanced stage earlier in April as per reports. If the two sides had agreed on a deal, it would’ve ranked as one of Salesforce’s bigge ..read more

Tesla has the cut its price again in a number of major markets including the U.S. China and Germany as the electric car giant run by multi-billionaire Elon Musk faces falling sales. Tesla’s U.S. and China price drop, its two key markets is happening, after disappointing Q1 sales contributed to rise in inventory. Tesla’s move to cut prices comes after it reported a sharp fall in its global vehicle deliveries in the first three months of this year.  (Image Credit: tesla) Tesla is due to report financial results for the first quarter of 2024 after the US market close on Tuesday. Tesla a ..read more

Any businessman’s work depends on distinct projects for its livelihood, and job costing is an essential step in keeping your bottom line in the black. But one would ask what is job costing, and why is it so important? Production does not take place continuously in job order industries. It only begins once the customer places a specified and customized order. Therefore, each job is different from the others. This costing method calculates the cost for each job using a Job Cost Sheet. What is job costing? Job costing (project-based accounting) is the process of tracking costs and revenue f ..read more

Most CEOs time is divided between various responsibilities, such as strategic planning, long-term vision, innovation, monitoring performance, and meeting with stakeholders. Without proper time management techniques for CEO, it helps ease overwhelming and hectic schedule. Effective time management allows CEOs to prioritize tasks, delegate responsibilities, and make the most of their limited time. It also helps us avoid burnout and maintain a healthy work-life balance. Strategies for CEO time management From prioritizing to delegating, these time management tips can help CEOs to regain con ..read more

The chief executive role is a tough one to fill. A CEO’s responsibilities are many, but even if they are good at their job. There are certain successful CEOs qualities that they must possess to be effective as they can be. As a CEO, it’s important to manage a workplace whose employees enjoy work, are passionate about the company and show an interest in growing in their role. A CEO’s success factors sets the tone for how the organization runs, and the qualities they develop can greatly affect the company’s success. What is a CEO? success factors A CEO, or chief executi ..read more

On Thursday, TSMC beat revenue and profit expectations in the Q1 earnings report, mostly thanks to continued strong demand for advanced chips, particularly those used in AI applications. “Our business in the first quarter was impacted by smartphone seasonality, partially offset by continued HPC-related demand,” said Wendell Huang, Senior VP and Chief Financial Officer of TSMC.  (Image Credit: tsmc She added, “Moving into second quarter 2024, we expect our business to be supported by strong demand for our industry-leading 3nm and 5nm technologies, partially offset by continued smartph ..read more

In an unpredicted move on Thursday, Netflix said that it no longer report quarterly subscriber numbers and average revenue per membership starting in the first quarter of 2025. This is a decision interpreted as a signal that the streaming giant may be reaching a plateau in its years-long battle for customers in the streaming landscape. (Image Credit: netflix This is a significant change for the company and for the so-called “streaming wars,” which have largely been defined by a race for customers. Netflix wants investors to judge the company by the same metrics executi ..read more

One year after Chinese search engine operator Baidu released its ChatGPT-like Ernie bot, the company this week announced tools to encourage locals to develop AI applications. “In China today, there are 1 billion internet users, strong foundation models, sufficient AI application scenarios and the most complete industrial system in the world,” CEO Robin Li said in his opening speech at Baidu’s annual AI developers conference on Tuesday. (Image Credit: shutterstock) Baidu AI tools Baidu’s newly announced AI tools allow people with no coding knowledge to create generative AI powere ..read more

There there no slowing of the layoffs in the tech industry as Google announced restructuring plans, which involve some employees being laid off. Alphabet-owned Google is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs. (Image Credit: google) The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of employees impacted nor the teams involved.  Google layoffs As ..read more

On Tuesday, United Airlines Holdings forecast stronger-than-expected earnings in the current quarter, after reporting a narrower-than-expected loss in the Q1, on robust demand for travel. United Airlines, a prominent customer of Boeing, has been hit by the planemaker’s safety crisis. Boeing’s troubles forced it to scale down its total aircraft delivery estimates for this year by 25% to 66 jets. (Image Credit: united) The Boeing situation is rippling through the industry, compelling airlines to adjust their fleet plans at a time travel demand is projected to hit record levels. Boeing  ..read more