Microsoft said that the monthly fee for Teams' premium subscription will first rise to $10 in July f
  • by Microsoft releases Teams Premium powered by ChatGPT.
  • Feb 02, 2023
Microsoft releases Teams Premium powered by ChatGPT.

Microsoft Corp. launched a premium Teams messaging service on Wednesday, powered by ChatGPT, to streamline meetings using the AI chatbot that has been sweeping Silicon Valley.

read more
Tesla's pricing reduction is putting pressure on other electric vehicle makers to react.
  • by Ford will lower the cost of the Mustang Mach-E, following Tesla's example.
  • Jan 31, 2023
Ford will lower the cost of the Mustang Mach-E, following Tesla's example.

Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival Tesla Inc slashed prices globally on its electric vehicles by as much as 20%.

read more

Latest NEWS


As deal-making sputters and the consumer sector suffers, Goldman misses profit projections.

As it battled a decline in dealmaking, a decline in asset and wealth management revenue, and incurred losses at its consumer division, Goldman Sachs Group Inc. on Tuesday announced a larger-than-expected 69% drop in fourth-quarter earnings.

Anu Aiyengar of JPMorgan becomes the lone female M&A executive on Wall Street.

Anu Aiyengar of JPMorgan Chase & Co. will take over as the only global head of mergers and acquisitions, making her the first woman to hold that position at a significant Wall Street bank.

Musk's banks will report Twitter loan losses to minimise losses.

Several banks that provided Elon Musk with $13 billion in loans to purchase Twitter are getting ready to record losses on those loans this quarter.

Global regulator: $80 trillion "blind spot" in FX swap debt.

The Bank for International Settlements (BIS) reported that pension funds and other "non-bank" financial institutions have hidden, off-balance sheet dollar debt in FX swaps totaling more than $80 trillion.

Asia's stocks decline as China opens; oil prices rise.

Asian shares extended their rally on Monday.