German giant overtakes Tesla as world’s most valuable auto brand — RT Business News

German giant overtakes Tesla as world’s most valuable auto brand — RT Business News

Source link Mercedes-Benz has regained the top position, with its brand value reaching almost $60 billion, according to a consultancy German carmaker Mercedes-Benz has overtaken the US rival Tesla to regain its position as the world’s most valuable auto brand, according to a new report by consultancy Brand Finance. It had surrendered the top position […]

World’s most valuable company announces job cuts  — RT Business News

World’s most valuable company announces job cuts  — RT Business News

Source link Microsoft is cutting around 1,900 employees in its gaming unit Activision Blizzard and Xbox this week, CNBC reported on Thursday, citing an internal memo from Microsoft Gaming CEO Phil Spencer. The layoffs, which will eliminate around 8% of Microsoft Gaming’s 22,000 staff, are part of a larger “execution plan” that will reduce “areas […]

Apple no longer world’s most valuable company — RT Business News

Apple no longer world’s most valuable company — RT Business News

Source link Microsoft has outpaced its rival of late thanks to investor hopes of AI-fueled growth Microsoft rose above Apple to become the world’s most valuable publicly traded company at the close of trading on Friday. The software giant’s share price has continued to rally so far this year, building on last year’s strong performance, […]