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OpenAI, Now Valued at $80 Billion, Launches New Text-to-Video Tool Sora

OpenAI, Now Valued at Over $80 Billion, Launches New Text-to-Video Tool Sora

ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.


China's Foreign Minister Urges the US to Lift Sanctions on Chinese Companies

China's Foreign Minister Wang Yi urged the United States to lift sanctions on Chinese companies and individuals and emphasized that efforts to decouple from China would ultimately hurt the US.

Second Donald Trump Presidency: What It Could Mean for US Energy Policy

If former President Donald Trump returns to office again, he will reportedly embark on a course to reverse many of the initiatives undertaken by the Biden administration in combating climate change.

Donald Trump Ordered to Pay Nearly $355M in Civil Fraud Case | He Will Now Have to Pay $438M for 2 NY Civil Trials

In his biggest punishment to date, a New York judge ordered former President Donald Trump and his companies to pay almost $355 million for fraudulently inflating the values of his properties.


Latest News

JPMorgan Chase to Pay Civil Penalties of Around $350 Million Over Trade Reporting Gaps
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
Nike to Lay off More Than 1,500 Jobs
Nike announced on Thursday a reduction in its workforce by 2% that will result in the layoff of more than 1,500 jobs.
Does the Philippines Need a Whole-of-Nation Approach in the Tourism Industry? Here's What the Tourism Secretary Says
Does the Philippines need a whole-of-nation approach in the tourism industry? The country's Tourism Secretary says yes.
Wendy's Is Sweetening Its Breakfast Lineup With a New Treat From Cinnabon
Wendy's breakfast lineup is getting sweeter as it will soon add a new item from Cinnabon after partnering with the baked goods chain.
North Korea Says It Is Ready to Boost Bilateral Ties With Japan, Which Just Lost Its Spot as World's Third-Largest Economy
North Korea's leader Kim Jong Un's powerful sister, Kim Yo Jong, expressed openness to improve her country's relations with Japan.
Elon Musk Gets Into Heated Exchange With Stephen King After the Author Refused to Call Twitter by Its New Name X
Elon Musk got into a heated exchange with Stephen King after the renowned author refused to call Twitter by its new name, X.
US Justice Department to Scrutinize Disney, Fox, Warner Sports Streaming Venture: Report
The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.
Pfizer Agrees to Pay $93 Million to Settle Lipitor Cholesterol Drug Antitrust Lawsuit
Pfizer has agreed to pay $93 million to resolve antitrust claims by wholesale drug distributors accusing the pharmaceutical giant of conspiring with India's Ranbaxy Laboratories to delay the sales of cheaper versions of the cholesterol drug Lipitor.
Ford CEO Jim Farley Urges Wall Street to Forget Tesla, Says Ford's 'Pro' Business Is the Auto Industry's Future
Ford Motor CEO Jim Farley told investors on Thursday to forget about Tesla and touted the company's "Pro" fleet business as the future of the automotive industry.
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