Intel losses hit $16.6B as restructuring efforts take a toll
Intel reported its largest loss ever at $16.6 billion, influenced by significant restructuring costs, yet revenue forecasts show signs of cautious rebound.
Losses linger for crisis-hit Thyssenkrupp as steel sector suffers
Thyssenkrupp faces ongoing financial difficulties, reporting a loss of 1.5 billion euros while undergoing restructuring efforts.
Intel losses hit $16.6B as restructuring efforts take a toll
Intel reported its largest loss ever at $16.6 billion, influenced by significant restructuring costs, yet revenue forecasts show signs of cautious rebound.
Losses linger for crisis-hit Thyssenkrupp as steel sector suffers
Thyssenkrupp faces ongoing financial difficulties, reporting a loss of 1.5 billion euros while undergoing restructuring efforts.
Boeing launches funding round to stave off credit downgrade
Boeing is seeking to raise $19 billion to avoid a credit downgrade amid ongoing losses and a strike.
Trump's Net Worth Drops Over $1 Billion As His Media Stock Plummets For Second Day In a Row
Trump Media and Technology Group's stock suffered a significant drop, losing 22% on Wednesday and an additional 14% on Thursday, impacting Trump's net worth.
Trump Loses $4 Billion as Truth Social Stock Crashes
Trump's Truth Social meme stock has lost $4 billion in value, raising concerns about future viability and potential impact on investors.
Trump Media Down Nearly 50 Percent For the Month As Ex-President's Shares Lose More Than $2 Billion in Value
Trump Media has dropped by nearly 50% on the stock market since June, leading to over $2 billion decrease in value for Trump.
Truth Social Exec Dumps Stock as Price Plummets
Executives at Truth Social are selling shares as the company's valuation plummets, indicating financial instability and potential future losses for investors.
Boeing launches funding round to stave off credit downgrade
Boeing is seeking to raise $19 billion to avoid a credit downgrade amid ongoing losses and a strike.
Trump's Net Worth Drops Over $1 Billion As His Media Stock Plummets For Second Day In a Row
Trump Media and Technology Group's stock suffered a significant drop, losing 22% on Wednesday and an additional 14% on Thursday, impacting Trump's net worth.
Trump Loses $4 Billion as Truth Social Stock Crashes
Trump's Truth Social meme stock has lost $4 billion in value, raising concerns about future viability and potential impact on investors.
Trump Media Down Nearly 50 Percent For the Month As Ex-President's Shares Lose More Than $2 Billion in Value
Trump Media has dropped by nearly 50% on the stock market since June, leading to over $2 billion decrease in value for Trump.
Truth Social Exec Dumps Stock as Price Plummets
Executives at Truth Social are selling shares as the company's valuation plummets, indicating financial instability and potential future losses for investors.
Woman loses nearly $1 million life savings in 'pig butchering' scam
Victims of 'pig butchering' scams risk losing life savings as scammers build trust over time before abruptly stealing from them.
Pig butchering' scammers target BBC reporter
Crypto scams and fraud can result in substantial loss of money and personal information.
The secret health hell of being scammed: I felt as though my mind was disintegrating'
Scams, especially during the pandemic, can cause profound mental health crises for victims who lose their life savings.
Crypto fraud cost Americans $5.6 billion last year
Crypto-related fraud cost Americans $5.6 billion in 2023, with 69,000 complaints reported to the FBI.
'I paid builders 25k deposit, then they ghosted me - and I'm not the only one'
A building firm allegedly defrauded customers, leaving them financially and emotionally distressed after taking substantial deposits without completing any work.
83-year-old East Bay woman loses nearly $50K in Coinstar, Coinme scam
Beware of emotional scams that impersonate family members, as they can lead to significant financial loss.
Woman loses nearly $1 million life savings in 'pig butchering' scam
Victims of 'pig butchering' scams risk losing life savings as scammers build trust over time before abruptly stealing from them.
Pig butchering' scammers target BBC reporter
Crypto scams and fraud can result in substantial loss of money and personal information.
The secret health hell of being scammed: I felt as though my mind was disintegrating'
Scams, especially during the pandemic, can cause profound mental health crises for victims who lose their life savings.
Crypto fraud cost Americans $5.6 billion last year
Crypto-related fraud cost Americans $5.6 billion in 2023, with 69,000 complaints reported to the FBI.
'I paid builders 25k deposit, then they ghosted me - and I'm not the only one'
A building firm allegedly defrauded customers, leaving them financially and emotionally distressed after taking substantial deposits without completing any work.
83-year-old East Bay woman loses nearly $50K in Coinstar, Coinme scam
Beware of emotional scams that impersonate family members, as they can lead to significant financial loss.
Meet Robert 'Kelly' Ortberg, Boeing's next CEO and the man responsible for turning around the beleaguered aerospace giant
Boeing appoints Robert "Kelly" Ortberg as CEO amidst challenges.
Boeing may put its iconic space business up for sale and had talks with Jeff Bezos's Blue Origin, report says
Boeing is considering selling its NASA support unit amidst financial distress, including the Starliner program, after reporting significant losses. They aim to refocus on core areas.
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
Boeing aims to raise $19 billion to improve finances amid a costly worker strike and significant losses.
Meet Robert 'Kelly' Ortberg, Boeing's next CEO and the man responsible for turning around the beleaguered aerospace giant
Boeing appoints Robert "Kelly" Ortberg as CEO amidst challenges.
Boeing may put its iconic space business up for sale and had talks with Jeff Bezos's Blue Origin, report says
Boeing is considering selling its NASA support unit amidst financial distress, including the Starliner program, after reporting significant losses. They aim to refocus on core areas.
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
Boeing aims to raise $19 billion to improve finances amid a costly worker strike and significant losses.
Premier League clubs make 1.1 billion net loss on 'failed' transfers: report
Premier League clubs have incurred a net loss of over 1.1bn on failed transfers due to inadequate player care and integration challenges.
Man Utd post staggering 113.2m losses for 2023/24 amid PSR concerns
Manchester United recorded a net loss of 113.2 million for the 2023/24 financial year, marking their fifth consecutive year of losses.
Manchester United post net losses of 113.2m but believe they are complaint with PSR
Manchester United reported substantial financial losses but remains compliant with financial regulations while implementing cost-saving measures and restructuring efforts.
Leicester report $112M loss in relegation season
Leicester City announced a significant pre-tax loss of £89.7 million for the 2022-23 season after relegation from the Premier League.
The club faces potential points deduction and legal proceedings due to alleged breaches in the league's spending rules, impacting their financial stability.
Chelsea willing to lose up to 67.5m on ace with 18 goals in 35 games
Chelsea facing challenges with ownership changes
Potential financial loss on Romelu Lukaku
Premier League clubs make 1.1 billion net loss on 'failed' transfers: report
Premier League clubs have incurred a net loss of over 1.1bn on failed transfers due to inadequate player care and integration challenges.
Man Utd post staggering 113.2m losses for 2023/24 amid PSR concerns
Manchester United recorded a net loss of 113.2 million for the 2023/24 financial year, marking their fifth consecutive year of losses.
Manchester United post net losses of 113.2m but believe they are complaint with PSR
Manchester United reported substantial financial losses but remains compliant with financial regulations while implementing cost-saving measures and restructuring efforts.
Leicester report $112M loss in relegation season
Leicester City announced a significant pre-tax loss of £89.7 million for the 2022-23 season after relegation from the Premier League.
The club faces potential points deduction and legal proceedings due to alleged breaches in the league's spending rules, impacting their financial stability.
Chelsea willing to lose up to 67.5m on ace with 18 goals in 35 games
Elon Musk, investors reportedly lose more than $24B on X acquisition
Elon Musk's social media platform X has lost 72% of its value, resulting in substantial financial losses for investors.
The deep decline in valuation demonstrates a significant exodus of advertisers and dissatisfaction with content moderation policies.
Facebook refused to take down fake account, says TikTok star
Facebook failed to promptly remove a fake account using a social media star's content for financial gain, causing significant income loss and prompting police involvement.
Elon Musk, investors reportedly lose more than $24B on X acquisition
Elon Musk's social media platform X has lost 72% of its value, resulting in substantial financial losses for investors.
The deep decline in valuation demonstrates a significant exodus of advertisers and dissatisfaction with content moderation policies.
Facebook refused to take down fake account, says TikTok star
Facebook failed to promptly remove a fake account using a social media star's content for financial gain, causing significant income loss and prompting police involvement.
International Malware Takedown Seized 100+ Servers
Europol led Operation Endgame against malware droppers, marking the largest such operation, targeting droppers like Bumblebee and causing financial losses worth millions.
What are 'click frauds' - and how can we stop them?
Click fraud is a significant threat to online businesses, leading to financial losses and security vulnerabilities.
International Malware Takedown Seized 100+ Servers
Europol led Operation Endgame against malware droppers, marking the largest such operation, targeting droppers like Bumblebee and causing financial losses worth millions.
What are 'click frauds' - and how can we stop them?
Click fraud is a significant threat to online businesses, leading to financial losses and security vulnerabilities.
Intel will cut over 15,000 jobs in a sweeping cost-cutting effort
Intel plans to cut over 15,000 jobs in a cost-reduction plan after a $1.6 billion net loss in Q2.
Netflix Wins $8.8 Million in Fight Over Planned TV Series
Arbitrator ruled in Netflix's favor in a dispute with director Carl Erik Rinsch, awarding $9 million in damages.
Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack
4,502.9 BTC ($305 million) was stolen from the exchange. DMM Bitcoin will guarantee the full amount lost.
Leeds United could sell Brenden Aaronson this summer after his loan spell in Germany
Leeds United may need to accept a significant financial loss on Brenden Aaronson's transfer.
Spurs open to investors after 86m loss
Tottenham are in talks with potential new investors due to a post-tax loss of £86.8 million ($109.2m) for the year ending June 30, 2023.
The club's operating expenses rose by 21%, attributing the increase to factors like utilities, rates, consumables, and significant player investment.
Bird Scooter Founder Travis VanderZanden Asks $8.5M for His South Miami Nest
Travis VanderZanden listed his South Florida home for $8,490,000, looking for a profitable return from its 2023 purchase price of $6,800,000.
VanderZanden faced a significant loss of about $11 million on a Los Angeles property, bought for $21.7 million in 2020 and sold for $10.8 million after being on and off the market for several years.
Why the Steelers' Russell Wilson addition might be the most underrated QB upgrade of the NFL offseason, and leave the Giants with some regret
Russell Wilson's decline has been exaggerated
Broncos incurred heavy financial loss in letting go of Russell Wilson
3 companies, 1 Midtown Miami apartment, 0 employees: The setup for a $735,000 fraud
A 26-year old ran a $735,000 investor fraud out of his Miami apartment using lies and fake companies.
The fraudster, now 29, has been sentenced to 2 1/2 years in federal prison and faces a restitution hearing.
Majority of UK employees 'willingly gamble' with security | Computer Weekly
More than two-thirds of UK workers take cyber risks knowingly, exposing organizations to breaches and financial loss.
Phishing attacks have decreased, but financial losses and reputational damage are on the rise due to human error.
Trump has 'ripe argument' for fighting 'outrageous' NYC civil fraud penalty, says legal expert
Former Whitewater Deputy Independent Counsel believes Trump's legal team could appeal the ruling due to 'real constitutional problems' with the penalty.
Concerns raised about the lack of financial loss or victim in the NY civil fraud case judgement against Trump.
Juve financial loss grows to 95m amid Euro ban
Juventus reported a net loss of €95.1 million in the first half of its 2023-24 fiscal year.
Revenue fell almost 26% to €173.3m between July and December last year.
Chelsea to make unwanted history with Romelu Lukaku transfer: report
Chelsea could face a significant financial loss with the potential sale of Romelu Lukaku
The club has struggled with disastrous transfer deals in recent times
Manchester United to lose 18.5m this January, in bizarre set of circumstances
Manchester United will make a substantial loss in the January transfer window due to an injury to Anthony Martial.
Martial will be out for 10 weeks after undergoing groin surgery, making it unlikely for other clubs to be interested in buying him.
All is lost': Captain of party boat sunk in Thames speaks of devastation
The captain of a sunken party boat in the River Thames speaks of devastation and financial loss.
The vessel, named Wilfred, had a fully licensed bar, restaurant, and nightclub on board.
Barcelona Could Lose $440 Million If Investor Does Not Clear Dues
Former Barcelona presidential candidate Victor Font accuses Barcelona of potential loss of $440 million due to non-payment by partners.
Barcelona signed a deal with Libero group for a 29.5% share in Barca Vision for $132.05 million, with Libero supposed to pay $44 million by the end of 2023.
Elon Musk and these other 9 bosses had a terrible, horrible, no good, very bad 2023
2023 was a challenging year for several top executives, with financial losses, job losses, and damaged reputations
Elon Musk had a mixed year with Tesla's stock rebounding but facing challenges in profitability and safety recalls
Red Lobster vastly underestimated how much shrimp people could eatbut it may still be a marketing win
Red Lobster's Endless Shrimp promotion caused an operating loss of $11 million but gained significant attention and viral trend on social media.
Despite falling sales and closures, the promotion attracted a higher proportion of people than expected, leading to increased interest and customer engagement.
Woman loses Rs 1.4 lakh to AI voice scam: What is it and how not to become a victim - Times of India
AI-generated voice fraud is on the rise, with scammers using artificial intelligence to mimic the voices of trusted individuals.
Common AI voice scams involve impersonating family members, friends, customer service representatives, or government officials.
To avoid AI voice scams, never give out personal information over the phone unless you are certain of the caller's identity and be aware of the latest scam techniques.
Red Lobster vastly underestimated how much shrimp people could eatbut it may still be a marketing win
Red Lobster's Endless Shrimp promotion caused an operating loss of $11 million but gained significant attention and viral trend on social media.
Despite falling sales and closures, the promotion attracted a higher proportion of people than expected, leading to increased interest and customer engagement.
Woman loses Rs 1.4 lakh to AI voice scam: What is it and how not to become a victim - Times of India
AI-generated voice fraud is on the rise, with scammers using artificial intelligence to mimic the voices of trusted individuals.
Common AI voice scams involve impersonating family members, friends, customer service representatives, or government officials.
To avoid AI voice scams, never give out personal information over the phone unless you are certain of the caller's identity and be aware of the latest scam techniques.