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Austrian Modernist Gustav Klimt's 'Lost' Portrait Sells for €30M in Vienna Auction

A lost masterpiece by Austrian artist Gustav Klimt, titled "Portrait of Fräulein Lieser," recently sold for a remarkable €30 million ($32 million) at auction in Vienna.


[UPDATE] FTC Faces Lawsuit Over Its Noncompete Clauses Ban! Can the US Chamber of Commerce Stop It?

The FTC is now facing a lawsuit from the US Chamber of Commerce. Will this prevent FTC's noncompete clauses ban?

SunPower Announces Mass Layoff as it Ceases Residential Installations

SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations.

Spotify's Massive Layoffs Lead To Over $1 Billion Record Profit

After laying off thousands of employees, Spotify achieves record profits of over €1 billion ($1.1 billion), driven by podcasting, despite missing monthly user forecasts.


Latest News

UKRAINE-RUSSIA-WAR-CONFLICT
President Joe Biden has swiftly enacted a $95 billion national security package, with a primary focus on expediting critical aid to Ukraine in the face of Russian aggression.
US-TECH-APPLE-IPHONE
The European Commission approves new 'right to repair' legislation, easing the repair process for out-of-warranty devices and extending warranties.
Nvidia Acquires Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition.
Elon Musk Confirms He Is Visiting India to Meet Prime Minister Narendra Modi
Elon Musk is undeterred by weak quarterly earnings and, instead, promises to invent self-driving technology, sentient robots, and Robotaxis, which will increase Tesla stock in return.
Congressional Democrats Reintroduce The Medicare For All Act
Millions of overweight or obese patients with heart issues covered by Medicare could receive access to a popular weight loss medicine.
China Becomes More Aggressive in West Philippine Sea, US Commander Expresses Deep Concern
The US Indo-Pacific Command commander has raised alarm about what he considers China's "aggressive behavior" in the South China Sea and Taiwan Strait.
Taiwanese Tech Giant MediaTek Working on Arm-Based Chip for Microsoft PCs, Source Reveals
British antitrust regulators are examining partnerships between tech giants Microsoft and Amazon and smaller AI firms, seeking input to assess whether these partnerships can bring out unfair competition in the AI market.
California To Ban Security Screening Firm Clear From Airports! Lawmakers Explain Why
California will soon ban skipping line firm Clear from airports. Here's what you need to know about the new bill.
Ukraine Claims Destroying Russian-Used Starlink Systems Despite Elon Musk Denying Doing Business With Kremlin
Filtronic Plc and SpaceX announced a groundbreaking agreement. In a $19.7 million deal, Filtronic will supply crucial modules for SpaceX's Starlink constellations, while SpaceX will be granted the option to acquire up to a 10% stake in Filtronic.
Accelerated Income Tax Reduction Sought by South Carolina Senate While House Examines Property Tax Rebate
The South Carolina Senate began discussing a budget on Tuesday that accelerates a projected income tax reduction rather than the House's plan to use $500 million to provide homeowners a one-time property tax relief.