How North Korea’s IT army scammed $88M from U.S. firms
A federal court in St. Louis indicted 14 North Korean nationals for their involvement in an extensive fraudulent scheme, utilizing false identities to pose as remote information technology workers for...
Adobe’s $400 million shortfall sparks Wall Street panic
Adobe shares fell 14% on December 12, 2024, after the company issued disappointing annual revenue guidance for 2025. Analysts had anticipated revenue of $23.8 billion, but Adobe’s forecast is approx...
Broadcom stock climbs 13%: The AI boom investors can’t ignore
Broadcom Inc. reported a record revenue of $51.6 billion for fiscal year 2024, driven by a 220% surge in AI revenue and a 51% increase in quarterly revenue. The company noted significant growth in bot...
