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Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

MILAN — The Prada Group announced Tuesday that it has officially purchased Milan fashion rival Versace in a 1.25 billion euro (nearly $1.4 billion)...

7 days ago

Stock

Apple’s AI chief abruptly steps down

Apple’s top artificial intelligence executive is stepping down and will retire in 2026, the company announced Monday. John Giannandrea had been at Apple since...

7 days ago

Editor's Pick

The Role Of Big Data In IoT in 2023

The number of IoT devices and the data they generate is constantly increasing. Organizations use IoT data to obtain useful information, optimize their work,...

August 2, 2023

Economy

Disinflation good, Fed bad

The Bureau of Economic Analysis announced the Personal Consumption Expenditures Price Index (PCEPI) rose 0.2 percent during June. Headline inflation over the past year...

August 2, 2023
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