The world's leading electric vehicle manufacturer, Tesla reports impressive delivery figures for the first quarter of 2023, with 422,875 deliveries reported. This marks a significant increase compared to the same period last year and is a testament to the company's continued growth and popularity. Tesla's strong performance in the...
Read moreIn a surprising move, the Italian government has announced that it will be banning the use of ChatGPT, a popular language model developed by OpenAI, about data privacy concerns. The ban will take effect immediately, and anyone found using the platform could face legal consequences. The decision to ban...
Read moreAlphabet, the parent company of Google, is considering more spending cuts as part of its ongoing effort to meet its savings targets. This news comes after Google announced in February that it would be cutting its marketing budget in half and reducing its hiring plans for 2021. Ruth Porat,...
Read moreJack Ma led Alibaba is one of the world's largest e-commerce platforms, with a presence in over 200 countries and regions around the world. Jack Ma is known for his strategic vision and his ability to engineer major changes in the company's business model. In recent years, Ma has...
Read moreElon Musk, the billionaire entrepreneur and CEO of SpaceX and Tesla, recently announced his plans to monetizing Twitter coveted blue check mark verification system. The move has caused controversy among celebrities, who fear that it will create a pay-to-play system that will favor wealthy and influential individuals over ordinary...
Read moreAdani Group, one of India's largest conglomerates, has reportedly pulls back its ambitious growth targets after a Hindenburg bomb report by short-seller Hindenburg Research last year. The report, which accused Adani of financial impropriety and environmental violations, led to a sharp drop in the company's stock price and forced...
Read moreThe state of Utah in the United States has recently passed a bill that prohibits minors under the age of 18 from using social media without their parental consent. The bill, known as HB 72, was signed into law by Governor Spencer Cox in March 2023 and is set...
Read moreAsian shares have been on the rise in recent weeks, as anxiety over the health of banks in the region begins to fade. Investors have been buoyed by strong earnings reports from some of the region's largest banks, as well as signs of economic recovery in key markets like...
Read moreBinance CEO CZ (Changpeng Zhao), commonly known as CZ, is facing more than just "fear, uncertainty, and doubt" (FUD) in the ongoing lawsuit brought against him by the US Commodity Futures Trading Commission (CFTC). The CFTC has accused CZ of running an unregistered derivatives exchange and violating anti-money laundering...
Read moreBlackRock and Fidelity are among the top asset managers who have lost a combined $1 trillion in China's pension market, according to recent reports. This loss comes as China moves to nationalize its pension system, which has been managed by a number of private asset managers for the past...
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