Nordea got a new CEO

Apple secures a favorable deal with Arm, paying a mere 30 cents per device for the utilization of the company’s chip architecture. This rate, lower than what competitors like Qualcomm and MediaTek pay, positions Apple as a cost-efficient partner for Arm. Despite this advantageous arrangement, Apple contributes only 5 percent to Arm’s overall revenue, whereas Qualcomm and MediaTek each...

A large union has called on staff from five German distribution centers of Amazon to strike during Black Friday. For webshops like Amazon, these bargains are often one of the busiest days of the year. With the actions, the union wants to reinforce its demands for more permanent jobs and a more secure income for employees Staff at Amazon branches in Koblenz, Leipzig, Rheinberg, Dortmund and Bad...

In a significant development, the founder of the now-defunct crypto exchange FTX, Sam Bankman-Fried, has been convicted of defrauding his clients. This verdict was delivered by a jury in the trial of the former CEO, which concluded on Thursday. The 31-year-old billionaire faced a total of seven charges, including two counts of fraud and five counts of conspiracy, and was found guilty on all...

Air France-KLM achieved its most successful quarter ever last summer, driven by substantial demand for airline tickets and increased seat occupancy. This remarkable performance resulted in an operating profit of 1.3 billion euros. Compared to the previous year, the third-quarter profit soared by nearly a third, a period when the airlines were still grappling with the ramifications of the COVID-19...