Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024.Frederic J. Brown | Afp | Getty ImagesNike's turnaround will take a bit longer than expected under new CEO Elliott Hill, who outlined his strategy to return the company to growth on Thursday after the...
Day: December 20, 2024
SoftBank CEO and Trump announce $100 billion investment in U.S. by firm
SoftBank CEO Masayoshi Son announced a $100 billion investment in the U.S. over the next four years during a Monday visit to President-elect Donald Trump's residence Mar-a-Lago in Palm Beach, Florida.The billionaire investor and founder of the Japanese tech-investing firm promised in the joint announcement with Trump to create 100,000...
Chinese self-driving trucking company pivots to generative AI for video games
Workers setting up the TuSimple booth for CES 2022 at the Las Vegas Convention Center on Jan. 3, 2022.Alex Wong | Getty Images News | Getty ImagesEmbattled Chinese autonomous trucking company TuSimple has rebranded to CreateAI, focusing on video games and animation, the company announced Thursday.The news comes as GM...