At Tesla Shareholders annual meeting in Austin, Texas, shareholders delivered a resounding vote of confidence in Elon Musk by reapproving a significant compensation package exceeding $45 billion. This decision comes in response to a recent legal challenge that initially nullified the award. The vote, announced on Thursday, underscores the continue…
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Robinhood, the popular financial services company, has announced its bold move to acquire BitStamp, a major crypto exchange, for a whopping $200 million in cash Regulatory Scrutiny . This strategic acquisition aims to bolster Robinhood's presence in the global crypto market, particularly in Europe, where BitStamp has garnered significant traction s…
After enduring a 12-year legal odyssey, Mike Lynch, the former chief executive of Autonomy, celebrated a significant victory as he was acquitted of criminal charges of US Fraud Trial by a San Francisco jury. Lynch, once hailed as one of the UK's foremost tech entrepreneurs, had been embroiled in allegations of inflating revenues at the UK softwar…
TJX, the parent company overseeing popular Retail Giant TJX Introduces Body Cameras to Combat Shopliftingbrands like T.J. Maxx, HomeGoods, and Marshalls, is taking a bold step to tackle the rising issue of shoplifting. In an announcement made recently, the company revealed plans to introduce body cameras worn by its employees as part of its anti-th…
Investors are doubling down on short bets against Nvidia, with outstanding short positions now totaling a staggering $34 billion, according to data from S3 Partners. As Nvidia's market value edges closer to dethroning Microsoft as the world's most valuable company, some investors are wagering that the tech giant's meteoric rise may soon hit a stumb…
After years of pushing borrowing costs higher to tackle soaring prices, Global central banks globally are now adjusting their strategies. The European Central Bank (ECB) recently made headlines by announcing its first interest rate cut in five years, reducing its main lending rate from a peak of 4% to 3.75%. This move follows similar actions taken…
Rivian, the American electric vehicle manufacturer, has recently unveiled its highly anticipated redesigned all-electric SUV, the R1S, and pickup truck, the R1T. Promising significant hardware improvements, performance upgrades, and a completely revamped software experience, the company aims to push the boundaries of electric vehicle technology. Ac…
Ledger Stax's, the renowned French startup, has officially begun shipping its highly anticipated high-end hardware crypto wallet, the Ledger Stax. Announced nearly 18 months ago, this new wallet features advanced technology and a sophisticated design that sets it apart from its predecessors. Collaborating with Tony Fadell, one of the masterminds be…
Earlier this month, both Russia and Iran confirmed their collaboration on the BRICS currency project. This confirmation substantiates consistent rumors about such an endeavor that first began prior to the 2023 Annual Summit. With the currency's arrival likely slated for this year, global finance may be on the brink of monumental changes. Over recen…
Monday afternoon at Chicago O'Hare Airport, an unexpected emergency unfolded aboard United Flight 2091, an Airbus 320 bound for Seattle. Cell phone footage captured by a passenger inside the plane showed smoke billowing from near the wing. United Airlines reported that the aircraft, which had begun taxiing towards the runway, was forced to halt bef…
Latest News
Nike's new CEO, Elliott Hill, has announced a fresh strategy to restore the company’s growth after declining revenue and prof…
Thousands of Amazon workers across four states have gone on strike during the peak holiday season, just days before Christmas…
The Dow Jones Industrial Average plunged on Wednesday, closing by over 1,100 points, or 2.6%, following a disappointing outlo…
The Fed interest rate decision is set to be significant, sparking anticipation and debate over its next steps in managing the…
Broadcom CEO Hock Tan states that Broadcom’s rapid ascent in the AI technology sector continues to gain momentum, with its ma…
China’s November retail sales growth fell short of expectations, showing further signs of strain in the economy as the countr…