Misleading advertising fine from Australia to Meta
In Australia, the Federal Court reportedly fined Meta $20 million for misleading advertisements used by Meta subsidiaries Onavo Inc and Facebook Israel for its...
Volkswagen to invest $700 million in Chinese XPeng
Volkswagen, one of the world's largest automakers, announced that it plans to invest $700 million in Chinese electric vehicle manufacturer XPeng. Aiming to increase...
Meta’s revenue increased in the second quarter of the year
Revenue of Meta, which owns Facebook, Instagram and WhatsApp, rose 11 percent to $32 billion in the second quarter of this year.
Meta announced its...
HSBC: Europe’s weakest balance sheet season in 3 years
HSBC strategists pointed out that European companies had the weakest first quarter of 3 years and that the above-expected results in the balance sheets...
KRW 20 trillion consolidated revenue from LG
LG Electronics Inc. (LG) announced its consolidated second-quarter 2023 revenue of KRW 20 trillion, with operating profit of 741.9 billion South Korean won (KRW).
LG...