Elon Musk’s X Faces Court Battle Over Alleged Withholding of Promised Staff Bonuses
A federal judge has ruled that X, formerly known as Twitter, must proceed to face a lawsuit accusing the company of reneging on promised bonuses for its staff after being
Joann to Close All Stores Amid Bankruptcy Proceedings
Joann, the well-known craft retailer, has announced plans to shut down all of its stores following its bankruptcy filing, abandoning an earlier strategy to keep some locations open. The company
Audacy Concludes Financial Restructuring, Plans to Go Private
Philadelphia-based radio network Audacy has successfully completed its financial restructuring, significantly reducing its funded debt by 80%, from approximately $1.9 billion to $350 million. The company announced this on Monday,
Telegram Partners with Elon Musk’s xAI in $300 Million Grok Deal
Messaging platform Telegram is set to integrate Grok, the AI chatbot developed by Elon Musk’s xAI, into its app as part of a major new partnership aimed at expanding AI
Binance Withdrawals Jump to $3 Billion in 24 Hours, Research Firm Reveals
Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as a deluge of negative headlines about the cryptocurrency industry rattled users of
Disneyland Workers Struggle with Low Pay and Living Conditions
Disneyland employees are raising their voices over inadequate wages, with some resorting to living in cars and motels. Cynthia “Cyn” Carranza, an overnight custodian at Disneyland, recounted her experiences of
GTA 7 Could Cost Less to Develop Than GTA 6 Due to AI, Says Former Rockstar Developer
As anticipation builds for the release of Grand Theft Auto 6, a former Rockstar Games developer believes the next instalment in the blockbuster franchise may cost significantly less to produce
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
Mars Removes Controversial Colour Additive from US Skittles
Mars Inc. has officially discontinued the use of titanium dioxide - a colour additive banned in the European Union in 2022 - in its Skittles candies sold in the United
US Job Creation Beats Forecasts
Hiring in the US remained strong in April despite concerns that fast rising prices and other economic disruption could lead to slowdown.Employers added 428,000 jobs, while the unemployment rate held
Billionaire Joe Lewis Fined $5 Million for Insider Trading Scheme
Renowned British billionaire Joe Lewis, whose family trust holds ownership of Tottenham Hotspur football club, has been fined $5 million (£4 million) after pleading guilty to insider trading. This marks
Toys for Bob Ventures Independence Amidst Turmoil in Gaming Industry
Amidst waves of layoffs and studio closures plaguing the gaming industry, there emerges a glimmer of hope. Toys for Bob, renowned for its acclaimed Spyro remake and latest Crash Bandicoot
Software-Defined Vehicles Get a Push from Arm and Cadence
The automotive industry is undergoing a significant transformation, with the emergence of software-defined vehicles (SDVs) at the forefront. However, this shift has been accompanied by challenges, including lengthy development cycles
US Rapper Sean ‘Diddy’ Combs Arrested in New York on Federal Charges
American rapper and entrepreneur Sean Combs, known professionally as Diddy, was arrested on Monday night in New York by federal agents. His arrest took place at a Manhattan hotel following
Apple and Google Restore TikTok to U.S. App Stores Following Executive Order
Apple and Google have reinstated TikTok on their U.S. app stores, following an executive action that delayed the enforcement of a potential ban on the platform. Google Play confirmed on
Google Settles $5 Billion Lawsuit Over Alleged Privacy Invasion in ‘Private Mode’ Tracking
In a significant legal development, Google has reached a preliminary settlement in a class-action lawsuit, agreeing to pay at least $5 billion (£3.9 billion) over allegations that it invaded the
Activision Updates Black Ops 7 Pre-Order Operator Skins Following Fan Feedback
Activision has announced changes to the pre-order bonus operator skins for Call of Duty: Black Ops 7 following widespread community feedback. The move comes after the initial reveal of the
Billionaire Carl Icahn Settles Charges for Failing to Disclose Billions in Loan Collateral
Billionaire investor Carl Icahn and his firm, Icahn Enterprises, have reached a settlement with the U.S. Securities and Exchange Commission (SEC) over charges that they failed to disclose the use
Metal Gear Solid 3 Remake Is Reportedly Coming To Xbox After All
In anticipation of Sony's upcoming PlayStation Showcase, there have been numerous rumors circulating about potential appearances and announcements. One company that has garnered significant attention is Konami, especially after recent
Even Warren Buffett Thinks His Stock is Too Expensive
Warren Buffett’s Berkshire Hathaway has raised eyebrows by halting its stock buybacks for the first time in six years, despite having more than $325 billion in cash on hand. The
