AMD CEO Lisa Su introduced new AI chips during Computex tech conference in Taiwan. This photograph shows a AMD logo at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2023(Photo : PAU BARRENA/AFP via Getty Images) AMD unveiled new artificial intelligence (AI) processors on Monday, June 3, in an effort to dominate the competitive market.
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CEOs Reportedly Receive an Average $16.3 Million in 2023, 200 Times Employee Wages
In 2023, the average CEO compensation for S&P 500 companies surged to $16.3 million, up 12.6%, while private-sector workers saw only a 4.1% rise, showing a concerning wide gap between executive pay and worker earnings.
HMRC's Technical Glitch Leaves Half a Million Without Child Benefit Payment
Half a million people faced delayed Child Benefit payments on June 3 due to a technical glitch at HMRC, sparking social media complaints and concerns over financial strain.
Mexican Peso Drops 4% Following Claudia Sheinbaum's Victory; Investors Anticipate Anti-Market Reforms
Mexican assets plummeted on Monday after Claudia Sheinbaum's landslide victory and substantial congressional majority raised fears of anti-market reforms, with the peso falling 4% before partially recovering.
Spotify Raises Premium Plan Prices in the US as Company Cuts Marketing Costs
Spotify announced a price increase for its US premium plans to boost profitability and invest in new features, with individual plans rising from $10.99 to $11.99 monthly.
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OPEC+ has decided to prolong most of its extensive oil production cuts until 2025. OPEC+ has decided to prolong most of its extensive oil production cuts until 2025.
Nvidia introduced its latest AI chip platform, "Rubin," on the eve of the Computex technology conference in Taiwan.
Fast fashion giant Shein is reportedly gearing up to submit a prospectus to Britain's Financial Conduct Authority as it aims for approval for a potential IPO in London.
Morena Party candidate Claudia Sheinbaum has been elected as the first female president in Mexico’s 200-year history.
The million-dollar question remains: who is David Yong, and why is he super rich? (Photo : Screenshot from YouTube | David Yong) Singaporean businessman David Yong appeared in the Netflix series Super Rich In Korea, and his entrance was rather bold.
Airbus CEO Guillaume Faury has called for Europe to increase its investment in defense production. A photo shows the Airbus logo during the Airbus annual press conference in Blagnac, southwestern France on February 16, 2023.
Emirates president Tim Clark said that the recent turbulence incident involving a Singapore Airlines Boeing 777-300ER flying from London to Singapore served as a lesson for the aviation industry as a whole.
Colorado Governor Jared Polis signed a significant tax credit into law aimed at cutting child poverty in half, using the state's TABOR surplus.
Magnet fishing enthusiasts in New York pulled up a safe containing an estimated $100,000 from a lake in Flushing Meadows Corona Park.
