Tesla Grants Elon Musk $29 Billion in Shares to Secure Future Amid AI Race

Tesla Grants Elon Musk $29 Billion in Shares to Secure Future Amid AI Race

Tesla has approved a new $29 billion share award for CEO Elon Musk in a bid to retain the billionaire tech mogul as competition for AI talent heats up globally.

Pepsi Made its First-Ever Condiment

Pepsi Made its First-Ever Condiment

Pepsi, known for being a popular beverage accompaniment to hot dogs, is breaking tradition with its latest creation, "Pepsi Colachup," a condiment infused with Pepsi. Developed in collaboration with the

Five Nikola Electric Trucks Catch Fire at Phoenix Headquarters, Company Says ‘Foul Play Suspected’

Five Nikola Electric Trucks Catch Fire at Phoenix Headquarters, Company Says ‘Foul Play Suspected’

Nikola, a startup specializing in electric and hydrogen-powered semi trucks, reported in a tweet that several of its trucks were damaged in a fire at its Phoenix, Arizona headquarters. The

Instagram to Enforce New Safety Measures, Making Millions of Teen Accounts Private

Instagram to Enforce New Safety Measures, Making Millions of Teen Accounts Private

Instagram has announced significant changes aimed at increasing the safety of its teenage users, automatically converting millions of accounts into private profiles under new “teen account” settings. The update, revealed

China Allocates $47.5 Billion to Boost Semiconductor Industry Amid U.S. Restrictions

China Allocates $47.5 Billion to Boost Semiconductor Industry Amid U.S. Restrictions

China is intensifying its efforts to become a leader in advanced technologies by establishing its largest-ever state investment fund for the semiconductor industry, worth $47.5 billion. This move comes as

Apple Faces Stock Decline as Barclays Downgrades Amid iPhone 15 Sales Concerns

Apple Faces Stock Decline as Barclays Downgrades Amid iPhone 15 Sales Concerns

On the first trading day of the new year, Apple witnessed a decline in its stock value, exerting downward pressure on the overall US stock market and interrupting the formidable

Hasbro Announces Layoffs, Cutting 1,100 Jobs Amid Toy Sales Slump

Hasbro Announces Layoffs, Cutting 1,100 Jobs Amid Toy Sales Slump

In response to a persistent decline in toy sales, Hasbro is set to lay off approximately 1,100 employees, representing nearly 20% of its workforce, according to a memo issued by

Samsung Beats Apple as the Most Repairable Phone Brand in 2022

Samsung Beats Apple as the Most Repairable Phone Brand in 2022

Samsung has come out on top as the most repair-friendly smartphone brand in 2022, beating Apple by a large margin, according to a study by the Electronics Hub. The study

Cadbury Owner Acquires US Energy Bar Maker For $2.9 Billion

Cadbury Owner Acquires US Energy Bar Maker For $2.9 Billion

As part of its growth and expansion plans, the owner of British chocolate brand Cadbury has announced it's acquisition of US energy bar maker Clif Bar & Company for the

Sports Illustrated’s Publisher Lays Off Most of its Staff, Union Says

Sports Illustrated’s Publisher Lays Off Most of its Staff, Union Says

The fate of Sports Illustrated hangs in the balance as the publisher of the iconic magazine and website has reportedly laid off the majority, if not all, of its guild-represented

Tesla Sales Plunge Across Europe Despite Growing Demand for EVs

Tesla Sales Plunge Across Europe Despite Growing Demand for EVs

Tesla is facing a sharp decline in sales across several European countries, signaling deeper challenges for the U.S. electric vehicle giant as competition stiffens and public sentiment shifts. Despite the

MTN Commits $2 Billion Annually to Network Upgrades Across Africa – CEO

MTN Commits $2 Billion Annually to Network Upgrades Across Africa – CEO

MTN Group is investing $2 billion every year to expand and upgrade its network infrastructure across Africa, as part of its ongoing shift from 3G to 5G and its mission

EU Approves Microsoft’s Deal to Buy Activision Blizzard

EU Approves Microsoft’s Deal to Buy Activision Blizzard

European regulators have given their approval for Microsoft's $69 billion acquisition of Activision Blizzard, a significant win for the technology giant. While concerns about potential competition issues were raised, Microsoft's

Former Sony Executive Confirms PlayStation Games on PC Are a Huge Profit Boost

Former Sony Executive Confirms PlayStation Games on PC Are a Huge Profit Boost

Shuhei Yoshida, a longtime Sony executive who played a key role in the PlayStation brand’s growth, has revealed that bringing PlayStation exclusives to PC has been a major financial success

Creative Industries Raise Alarm Over OpenAI-Disney Licensing Deal

Creative Industries Raise Alarm Over OpenAI-Disney Licensing Deal

Workers across the creative sector have voiced growing unease following a $1bn (£740m) agreement that will allow Disney characters to be used within OpenAI’s ChatGPT and its video-generation platform, Sora.

Netflix Password Crackdown Boosts New Subscribers to Highest Level Since Covid Began

Netflix Password Crackdown Boosts New Subscribers to Highest Level Since Covid Began

Netflix's crackdown on password sharing in the United States is yielding positive results, as early data suggests a significant increase in new subscriber sign-ups compared to the early days of

The Demise of the Two-Door Car: A Nostalgic Look Back

The Demise of the Two-Door Car: A Nostalgic Look Back

During the 1990s, a beloved icon of American automotive culture began to fade into obscurity: the two-door car. Once synonymous with style and extravagance, these vehicles, often referred to as

EU Slashes Tariffs on Tesla’s China-Made Cars, Offering Competitive Edge

EU Slashes Tariffs on Tesla’s China-Made Cars, Offering Competitive Edge

The European Union has significantly reduced tariffs on Tesla vehicles manufactured in China, a move that could enhance the automaker's market position in the region. The new tariff rate, announced

EU Launches Investigation into Facebook and Instagram Over Child Safety Concerns

EU Launches Investigation into Facebook and Instagram Over Child Safety Concerns

The European Union has initiated a formal investigation into Meta, the parent company of Facebook and Instagram, over concerns that its platforms may be too addictive for children and fail

McDonald’s Fined For Child Exploitation Scandal in Kentucky, Indiana, Maryland and Ohio

McDonald’s Fined For Child Exploitation Scandal in Kentucky, Indiana, Maryland and Ohio

The Department of Labor was not afraid to enforce the law by fining three franchises of the famous McDonald's fast food chain $212,544 due to various irregularities regarding child labor,

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