Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide
A Delaware judge invalidated Tesla CEO Elon Musk’s $56 billion pay package on Tuesday, asserting that the company’s board failed to demonstrate the fairness of the compensation plan and lacked sufficient evidence of negotiation with Elon Musk. Following this decision...
Bitcoin Heads Toward Winning Streak Last Seen in Pandemic Before Record High
Bitcoin appears set to extend its winning streak for a fifth consecutive month, marking its longest positive run since the pandemic-triggered rally. Amidst January’s notable volatility, driven by the debut of the first US spot BTC exchange-traded funds and shifting...
Samsung to Integrate Baidu’s Ernie AI in Latest Galaxy Phones
In a strategic move to enhance its presence in China, Samsung Electronics has announced a key partnership with Baidu, featuring the integration of Baidu’s Ernie Bot in its upcoming Galaxy S24 smartphone series. Samsung aims to position the Galaxy S24...
Bitcoin Spot ETFs Are Starting to See Slowing Investor Interest
Interest in the highly anticipated spot Bitcoin Exchange-Traded Funds (ETFs) appears to be waning, as Wednesday witnessed the lowest single-day of investor gross inflows for the group since trading commenced on January 11. As per a report from JPMorgan Chase...
Meta Platforms Is a $1 Trillion Company Again
On Wednesday, Meta achieved a market cap exceeding $1 trillion, with shares closing over 1% higher at $390 each amidst a notable uptrend. This milestone was previously reached in 2021 when the company was known as Facebook. Following a remarkable...
IPhone Takes Top Spot in China for First Time Despite Challenges
In a notable turn of events, Apple Inc.’s iPhone secured the position of the top-selling smartphone series in China for the first time last year, showcasing a surprisingly robust performance despite fierce local competition and increasing government restrictions on the...
Netflix adds 13.1 million subscribers, tops revenue estimates as membership push gains steam
In a strong showing of growth, Netflix announced that it added 13.1 million subscribers during the second quarter, surpassing both its own projections and Wall Street expectations. The streaming giant’s total membership now stands at a staggering 192.95 million worldwide....
Bitcoin briefly dips below $40,000 for the first time this year
Bitcoin extended its decline on Monday, breaching the $40,000 mark for the first time this year and dragging down the entire cryptocurrency market in its wake. As per Coin Metrics, the current price of BTC stands at $40,052.76, marking a...
Trump Attorney Reveals STUNNING Info About E. Jean Carroll Relationship With Trump
In this video, we explore the intriguing connections behind the E. Jean Carroll case against Donald Trump. Venture capitalist and major Democratic donor Reid Hoffman, known for founding LinkedIn, emerges as a key figure funding Carroll's lawsuit. Dive into the...
China Buys Near-Record $40 Billion of Chip Gear to Beat US Curbs
China experienced a substantial surge in the imports of chipmaking machinery in the past year, driven by increased investments by companies aiming to circumvent restrictions imposed by the United States, aimed at impeding the nation’s semiconductor industry. According to Bloomberg...
