Jack Dorsey, the co-founder and former CEO of Twitter, is no stranger to ups and downs in his net worth. However, in recent years, his wealth has taken a hit, with a recent Hindenburg short causing a tumble of $526 million. Let's take a closer look at what happened...
Read morePublishers are gearing up for a showdown with tech giants Microsoft and Google over the use of AI tools in content creation. The publishers are concerned that the technology being developed by the tech companies could give them an unfair advantage in the industry, and are calling for stricter...
Read moreToshiba, the Japanese electronics giant, has accepted a takeover offer from a consortium led by private equity firm Japan Industrial Partners (JIP) for around $15 billion, according to reports from Nikkei Asia. The deal, which is expected to be completed in October, will see Toshiba become a private company...
Read moreTikTok, the popular social media platform known for its short-form video content, has been facing scrutiny over its handling of user data. As concerns grow over the security and privacy of user data, New TikTok CEO, Shou Zi Chew, has promised to implement a firewall to protect user data....
Read moreGameStop, the American video game retailer that has been the subject of much attention in the financial world in recent months, has posted a surprise profit, causing its shares to rise. The company's stock has been the subject of a frenzy of buying and selling by amateur traders and...
Read moreRecently Google suspends the Chinese e-commerce company Pinduoduo from its Google Play Store after discovering malware in several versions of its app. The suspension came as a shock to many users who rely on the app to make purchases on Pinduoduo's platform. The discovery of malware in the app...
Read moreIn anticipation of the upcoming Federal Reserve interest rate decision, Asian stocks have risen, reflecting a growing sense of optimism among investors. The decision, which is expected to be announced in the coming weeks, has been closely watched by financial markets around the world, with many hoping for clarity...
Read moreNew York Community Bank has announced its plans to acquire Signature Bank, which recently failed due to a number of financial and operational challenges. This acquisition is expected to help NYCB expand its footprint in the Northeast region of the United States, particularly in areas where Signature Bank has...
Read moreAsian shares have plunged following the announcement of Credit Suisse takeover by rival Swiss bank UBS. The news has sent shockwaves through global financial markets, with investors fearing the impact of the deal on the stability of the banking sector. The Credit Suisse takeover by UBS is expected to...
Read moreThe Loyalty Of Disney+ Users Increase, Since its launch in November 2019, Disney+ has become one of the most popular streaming services, boasting a vast library of content from Marvel, Star Wars, Pixar, National Geographic, and, of course, Disney. The platform's initial monthly subscription fee of $6.99 was already...
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