Elon Musk Wants to Slash 10% of Tesla jobs, Here’s Why
American billionaire, Elon Musk wants to slash 10% of jobs at his company Tesla over reportedly "having a super bad feeling" about the American economy.In an email he sent to
AMC Shares Jump After Taylor Swift Concert Film Grosses $100 Million in Advance Ticket Sales
AMC Entertainment is experiencing a significant boost thanks to Taylor Swift's massive fan following. Shares of AMC (AMC) saw an impressive surge of 11.5% during Friday afternoon trading after the
Wipro Invests $1 Billion to Train Entire Staff in Artificial Intelligence
Wipro, one of India's leading software services providers, has unveiled its ambitious plan to equip its entire workforce with artificial intelligence (AI) skills. The company announced on Wednesday that it
Meta to Cut 5% of Workforce in Performance-Based Layoffs
Meta has announced plans to reduce its workforce by approximately 5%, targeting what it describes as "low performers." The move, which could affect around 3,600 employees based on Meta's 72,000-strong
Apple Warns UK Over Proposed Tech Rules, Citing Risks to Users and Developers
Apple has issued a strong warning to the UK’s competition regulator, arguing that proposed rules to rein in the dominance of Apple and Google could harm consumers and stifle innovation.
Bed Bath & Beyond Just Filed For Bankruptcy, 8 Months After an Activist Investor and College Student Made a Combined $180 Million on the Meme Stock
Ryan Cohen and Jake Freeman have been cemented as rare winners from the Bed Bath & Beyond saga. The meme-stock champion and college student cashed out roughly $180 million in
DeepSeek’s AI Breakthrough Sparks Market Shock and Tech Selloff
A startling advancement from DeepSeek, a one-year-old Chinese AI startup, has sent shockwaves through the global technology industry, causing U.S. stock markets to tumble on Monday. The company unveiled its
Cash App Founder, Bob Lee Stabbed to Death in San Francisco
Bob Lee, founder of mobile payment service Cash App, has been stabbed to death in San Francisco on Tuesday morning, according to reports. Lee, 43, was reported to have been
Elon Musk Backtracks on Blue Checkmark Policy Amid Platform Decline
In a significant reversal, Elon Musk, the CEO of X, has abandoned his contentious blue checkmark subscription model, reinstating the coveted verification badges for prominent users on the platform. The
Netflix Cuts 300 More Jobs After Subscriptions Fall
As it continues to battle against declining growth and increased competition, online streaming platform, Netflix has announced yet another round of job cuts following a decline in its subscriber base.
Ubisoft Co-Founder Claude Guillemot Dies in Plane Crash in France
Claude Guillemot, one of the co-founders of video game publisher Ubisoft, has died following a plane crash in western France. He was 69 years old. According to reports from French
GM to Lay Off Nearly 1,700 Workers at Kansas Plant, WARN Notice Reveals
General Motors (GM) is set to lay off 1,695 employees at its Fairfax Assembly plant in Kansas, according to a recent Worker Adjustment and Retraining Notification (WARN) notice. The company
Bill Gates Says Intel Has “Lost Its Way” as Rivals Surge Ahead in Chip Innovation
Tech billionaire Bill Gates has expressed concern over Intel’s declining dominance in the semiconductor industry, stating that the company has fallen behind in both chip design and fabrication. In a
Pepsi Thrill Fans With An Opportunity To Win An All Expense Paid Trip To The UCL Finals 2023
Pepsi has launched a new challenge that would give fans the opportunity to win an all-expense paid trip to watch the UCL finals 2023 live. For the first time ever,
Trump Says Apple to Source Chips From Intel as Cook Warns of Higher Device Prices
US President Donald Trump has announced that technology giant Apple will begin sourcing chips manufactured in the United States through a new arrangement with Intel, as concerns grow over rising
Alex Jones Ordered to Liquidate Personal Assets to Settle Sandy Hook Debt
In a significant ruling, a judge has ordered the liquidation of Infowars host Alex Jones' personal assets, potentially paving the way for compensation to the families of the victims of
Pepsi Renews With Wisconsin Athletics While Increasing NIL Commitment To Wisconsin Athletes
Pepsi-Cola of Madison has renewed its sponsorship with Wisconsin Athletics as an Official Partner of the Wisconsin Badgers through the 2028-29 season. While pouring rights contracts are commonplace in college
SVB Depositors, Investors Tried to Pull $42 Billion From Silicon Valley Bank
Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a
Warner Bros Discovery Shares Jump Amid Paramount Skydance Buyout Rumors
Shares of Warner Bros Discovery surged on Thursday following reports that Paramount Skydance is considering a full buyout of the media giant, a move that could significantly reshape the U.S.
Google Search, Samsung’s Bing Pivot, and Microsoft Word to Microsoft Phrase
In the past, I’d noted that Google was largely wasting money paying Apple to have its search engine as the default search in Apple products. My thesis was based on
