Breaking news

Alphabet Exceeds Q1 Forecasts, Bolstering Investor Confidence

by News Editor

April 25, 2025

Alphabet, the parent company of Google and YouTube, surprised investors with a robust performance in the first quarter of 2025, propelling a 5% increase in share value during after-hours trading. As reported in their latest earnings report, the company achieved $90.23 billion in revenue, outpacing analyst predictions of $89.12 billion.

Key metrics that drew attention include their earnings per share, which hit $2.81 compared to the projected $2.01. Despite missing the mark on YouTube ad revenue and Google Cloud, Alphabet’s overall growth seemed unstoppable, showing a 12% year-over-year increase.

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The strategic focus remains on navigating competitive pressures from AI technologies, assisted by tools like AI Overviews, now engaging 1.5 billion users monthly. Philipp Schindler, Google’s business chief, acknowledged upcoming challenges, such as the impacts of tariff changes.

Meanwhile, Alphabet’s acquisition strategy continues to stir interest, with the $32 billion purchase of cloud security startup Wiz expected to further strengthen their cloud security services. The competitive push in AI and cloud domains signals a robust trajectory for Alphabet, promising exciting developments ahead for investors and tech enthusiasts alike.

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Sklavenitis Cyprus Sets A New Standard For Employee-Centric Benefits

by THEFUTURE.TEAM

September 12, 2025

Investing In Human Capital

In a bold move that underscores the growing importance of human capital in today’s business landscape, Sklavenitis Cyprus has taken innovative steps to ensure its workforce is both valued and supported. The supermarket chain has introduced a policy to pay a 14th salary to all employees—including those from Papantoniou Supermarkets—cementing its status as the sole retailer in Cyprus to implement such a comprehensive benefit.

A Significant Investment In People

This initiative is far from symbolic. With an estimated total cost of €2 million, it represents a committed investment in the company’s most valuable asset—its people. By providing an additional salary, Sklavenitis reinforces a culture of inclusivity and fairness, acknowledging every employee’s contribution to its success.

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Robust Benefits For Long-Term Stability

Complementary to the 14th salary, the company has launched a robust benefits program designed to address both financial and personal security. An Automatic Cost of Living Adjustment (ATA) of 12.56 per cent ensures that wages remain aligned with inflation, safeguarding real income stability for its team members.

Comprehensive Health And Life Support

Sklavenitis further enhances employee welfare through access to a Group Life and Health Insurance Plan and a Provident Fund co-funded by the employer. These measures not only provide immediate protection but also empower employees to plan confidently for the future.

Exclusive Perks And Incentives

The company extends its commitment beyond conventional benefits by offering store discounts, a birth allowance, and holiday gift vouchers valued at €100 during both Easter and Christmas. These additional perks enhance employee satisfaction and underline Sklavenitis’ people-first ethos.

A Strategy For Mutual Success

In an industry where employee engagement directly impacts customer satisfaction, Sklavenitis’ comprehensive approach stands out as both a progressive and strategic business decision. By investing in its workforce, the company not only nurtures a supportive workplace but also drives superior corporate performance, setting a new benchmark for responsible employment practices in Cyprus.