How Trump’s Social Media Company Lost $58 Million
How Trump's Social Media Company Lost $58 Million
Less than a week after a flashy stock market debut, Donald Trump’s social media company recently disclosed that it lost nearly $58.2 million last...
Saudi Arabia plans $40bn AI fund
Saudi Arabia plans $40bn AI fund
Saudi Arabia’s sovereign wealth fund is in talks with American venture capital firm Andreessen Horowitz and potentially others to create a $40bn fund to invest in...
EU hits Apple with €1.8bn antitrust fine
EU hits Apple with €1.8bn antitrust fine
The EU on Monday hit Apple with €1.8 billion fine ($1.9 billion). This was for violating the bloc’s laws by preventing music streaming services from...
Elon Musk to launch ‘Xmail’ to rival Google’s Gmail
Elon Musk to launch 'Xmail' to rival Google's Gmail
Elon Musk, owner of X (formerly Twitter), has revealed his latest venture, XMail, a new email service that could challenge Google’s dominance in...
Amazon, SpaceX Advocate for Elimination of National Labour Law
Amazon, SpaceX Advocate for Elimination of National Labour Law
In a move that echoes claims made by SpaceX and Trader Joe’s, Amazon has officially alleged that the National Labor Relations Board (NLRB)...
NYC sues TikTok, Facebook, YouTube over child safety
NYC sues TikTok, Facebook, YouTube over child safety
New York City Mayor Eric Adams said Wednesday that his administration has filed a lawsuit against the parent companies of TikTok, Instagram, Facebook, Snapchat...
Meta Suspends Iranian Leader Ali Khamenei’s Facebook, Instagram Accounts
Meta Suspends Iranian Leader Ali Khamenei’s Facebook, Instagram Accounts
Meta, the parent company of Facebook and Instagram, has suspended the accounts of Iranian Supreme Leader Ali Khamenei, citing ‘repeated violations’ of its...
Ethiopia to Phase Out Gasoline, Diesel Cars For Electric Vehicles
Ethiopia to Phase Out Gasoline, Diesel Cars For Electric Vehicles
Ethiopian Minister of Transport and Logistics, Alemu Sime, has announced a decisive shift towards sustainability by permitting only electric vehicles, effectively banning...
Snapchat’s Parent Company To Reduce Workforce
Snapchat’s Parent Company To Reduce Workforce
Snap, the creator of Snapchat, is set to reduce its workforce by 10%, impacting over 500 employees. This move is aimed at supporting the company’s future...
Meta Announces First Dividend, $50 billion Share Buyback
Meta Announces First Dividend, $50 billion Share Buyback
Meta, the parent company of Facebook, Instagram, and WhatsApp, has declared its first-ever dividend of 50 cents a share, scheduled for payout on March...
