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Amazon Cloud CEO Adam Selipsky Unexpectedly Steps Down After 15 ‘Strong’ Years in Position

Amazon Cloud CEO Adam Selipsky Unexpectedly Steps Down After 15 ‘Strong’ Years in Position

Amazon Web Services's CEO Adam Selipsky has announced his resignation, stating that he is leaving the company's cloud computing business in a "strong position" after dedicating 15 years to its growth.


Student Loan Interest Rate Reaches Highest in Over a Decade, Education Department Reveals

The interest rate on new federal student loans for undergraduates during the upcoming 2024-25 academic year will reach its highest rate in over a decade.

US Officials: Boeing Breached 2021 Criminal Prosecution Deal Over 737 MAX Crashes

The US Justice Department has filed a lawsuit against Boeing for allegedly violating the 2021 agreement to defer any criminal prosecution about two 737 MAX crashes in 2018 and 2019.

Michael Cohen Earns $3.4 Million From Hating Donald Trump as Ex-President’s Legal Team Claims Hush Money Witness Motivated by Revenge

During the hush money trial, it was revealed that Michael Cohen earned approximately $3.4 million from the sales of two books he authored about Donald Trump.


Latest News

Dubai Properties Allegedly Used by US-Sanctioned Terrorist for Financing, Money Laundering
US-sanctioned terrorist groups allegedly use Dubai properties. Here's what C4ADS's new report revealed.
Tesco Profits And Sales Soar
Tesco CEO Ken Murphy's pay jumps to £10M, doubling from last year due to stellar company performance.
Press Conference To Announce A Major International Event At MetLife Stadium
WWE's Vince McMahon faces sexual misconduct allegations from former staffer. Court docs reveal that the accuser sent explicit texts.
President Biden Delivers Remarks From The Rose Garden On His Economic Agenda
Biden imposes extensive tariffs on Chinese imports, including semiconductors and EVs, escalating trade tensions. China vows to defend its interests and urges correction.
CHINA-AUTO-SHOW
President Biden has announced massive tariff increases on Chinese-made electric cars, solar panels, steel, and other goods to counter unfair trade practices and protect American jobs. Electric vehicle tariffs will rise from 25% to 100%, and solar cell tariffs will increase from 25% to 50%.
AMC Theatres Reopens Its Doors By Celebrating 100 Years Of Operations With "Movies In 2020 At 1920 Prices"
AMC Entertainment successfully concluded a $250 million stock sale on Monday, thanks to the resurgence of the meme stock craze, which saw shares skyrocket by 90%.
2023 MTV Video Music Awards - Show
Celebrated Singapore-based bag brand Aupen, endorsed by celebrities like Taylor Swift, attracts investor interest from major European fashion conglomerates, H&M Group and Prada Group.
Tether
Alexey Pertsev, co-founder of Tornado Cash, has been sentenced to over five years in prison by a Dutch court for laundering $1.2 billion in cryptocurrency.
President Biden Delivers Remarks On His Administration's Efforts To Fight Crime And Make Communities Safer
The Biden administration ordered a Chinese-backed cryptocurrency mining company to sell its land near a Wyoming nuclear missile base due to national security after the US Committee on Foreign Investment in the United States (CFIUS) investigation.
US, Australia Introduce Uncrewed Underwater Manta Ray Drone
A new underwater drone has successfully completed its first trial, showcasing its ability to navigate through the depths of the sea without being detected.