Nike, the global sportswear giant, made a bold statement today as it addressed flaws in its direct-to-consumer (DTC) strategy. The move comes as the company reports flat revenues for the third quarter of the fiscal year.
According to recent blockchain data, the recent rally in Bitcoin has left more than 97% of addresses in profit. This marks a significant milestone for the leading cryptocurrency, as it continues to gain momentum amidst a challenging economic climate.
Several leading artificial intelligence (AI) companies have joined the United States Tech Safety Consortium, aimed at addressing the potential risks associated with AI technology. This consortium brings together industry leaders and experts to ensure the responsible development and deployment of AI systems.
In a recent press conference, Finance Minister Nirmala Sitharaman addressed the concerns regarding India’s Moody’s rating. Despite a decrease in the debt to GDP ratio, Moody’s decided to maintain India’s credit rating at its current level. The finance minister assured the nation that the government is committed to addressing the issues raised by the rating agency and working towards a positive improvement in the near future.
