Caroline Ellison Sentenced to Two Years for Role in FTX Fraud After Testifying Against Sam Bankman-Fried
Caroline Ellison, former CEO of Alameda Research and key witness in the case against FTX founder Sam Bankman-Fried, has been sentenced to two years in prison. A federal judge handed
Florida A&M University Puts $237.75 Million Donation on Hold Amid Validity Concerns
Florida A&M University (FAMU) has decided to pause a purported $237.75 million donation following questions raised about the authenticity of the gift and concerns regarding the donor's previous donations. The
Ontario Premier Faces Backlash Over $21m Government Jet Purchase
Doug Ford is facing criticism after his administration approved the purchase of a C$28.9 million ($21 million) private jet, a move opponents say is poorly timed given current economic pressures
Sony Secures Rights for Film Depicting 1980s Pepsi-Coke Rivalry, “Cola Wars,” for Nearly $1 Million
Sony Pictures Entertainment has made a substantial acquisition, procuring the script for "Cola Wars," a forthcoming film centered on the fierce competition between soda giants Pepsi and Coca-Cola. Although the
BYD Surpasses Tesla in Annual Sales, Posts $107 Billion Revenue in 2024
Chinese electric vehicle (EV) powerhouse BYD has overtaken Tesla in annual sales, reporting a 29% revenue surge to 777 billion yuan ($107 billion) in 2024, according to a filing on
General Mills Sells North American Yogurt Division in $2.1 Billion Deal to Refocus on Core Brands
General Mills, the food giant behind popular brands like Cheerios, announced plans to sell its North American yoghurt business to two French dairy companies, Groupe Lactalis and Sodiaal, in a
Google Keep is About to Become a Lot More Useful
Google Keep, the widely used note-taking application, is gearing up to enhance its user experience by addressing a notable absence: the ability to access the version history of notes. While
Twitter to Revoke ‘Legacy’ Verified Badges in April
As Elon Musk promised, Twitter’s previous blue check-mark verification regime will soon be history. As reported o Variety, the social network, which the mega-billionaire bought last year in a debt-heavy
Airlines Sue Department of Transportation Over New Fee Disclosure Rules
Major airlines have initiated legal action against the federal government regarding new regulations mandating the upfront disclosure of all airline fees, including those for checked and carry-on bags, as well
Uber to Discontinue Drizly Alcohol Delivery App in Strategic Shift Towards Uber Eats
Ride-hailing giant Uber has announced the closure of its alcohol delivery app, Drizly, just three years after its acquisition for $1.1 billion. The move is part of Uber's strategic consolidation,
Wall Street is About to See its Biggest Trading Change in Years
Starting next Tuesday, buying or selling stocks on Wall Street is about to become quicker with a new settlement cycle standard. The current "T+2" cycle, where transactions settle in two
Zara Ads Banned for ‘Unhealthily Thin’ Models
Two advertisements from global fashion brand Zara have been banned by the UK’s Advertising Standards Authority (ASA) for featuring models deemed to appear “unhealthily thin.” The regulatory body raised concerns
Coca-Cola’s Olympic Campaign Celebrates Unity and Inspiration in Paris 2024
As anticipation builds for the upcoming Summer Olympics in Paris, Coca-Cola has unveiled its latest heartwarming campaign, "It's Magic When the World Comes Together," emphasizing camaraderie and unity. Continuing its
Meet the REV-9 Laptop: A Monster with a 64-Core CPU, Full Liquid Cooling System, and a Desktop RTX 4080
Chinese laptop manufacturer Zhanjiang Xinjuneng has introduced the REV-9, a powerhouse laptop that prioritizes raw computing power over sleek design. Touted as the first laptop featuring a 64-core CPU, the
Elon Musk’s Billion-Dollar Ambitions Face Hurdles but Remain Within Reach
Elon Musk, one of the world’s richest individuals, has faced a legal roadblock in his quest for a monumental financial windfall. A Delaware Chancery Court ruling has once again invalidated
Former TD Bank Employee Charged in Alleged Drug Cartel Money Laundering Scheme
A former employee of TD Bank in Florida has been arrested for allegedly facilitating a major money-laundering operation tied to drug cartels. The arrest follows the bank's record $3 billion
Virgin Orbit, Richard Branson’s Rocket Company, Will Lay Off 85% of Staff
Virgin Orbit — the rocket company founded by British billionaire Richard Branson — is laying off the vast majority of its workforce as company leadership struggles to secure additional funding.
Fidelity Estimates Elon Musk’s X Now Worth 80% Less Since Acquisition
The social media platform X, formerly known as Twitter, has seen its valuation plummet by nearly 80% since billionaire Elon Musk purchased it in October 2022, according to new estimates
Elon Musk Suggests Slashing Twitter Offer Based on Number of Bots
Tesla CEo, Elon Musk has said that Twitter refuses to explain how they calculate bots and called it 'very suspicious.'Musk suggested Saturday that his agreement to purchase Twitter for $44
Nvidia Crosses Historic $5 Trillion Valuation as AI Demand Fuels Unprecedented Growth
Nvidia made corporate history in October after briefly becoming the first company to reach a $5 trillion market valuation, a milestone driven largely by its central role in the global
