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Snowflake CEO Frank Slootman Steps Down, Causing 18% Plunge in the Company's Stock Price
Snowflake CEO Frank Slootman's decision to step down caused an 18% decline in the company's stock price.
IOTA Foundation's $10 Million Investment Drive: Fueling Digital Trade and Tokenization
The IOTA foundation is investing $10 million in early-stage startups focusing on digital trade and tokenization of real-world assets, fostering innovation within the IOTA ecosystem.
iPhone 15 in China Gets Huge Discounts To Attract Customers Amid Slowing Sales
Apple permitted occasional discounts to their iPhone 15 models in China to stimulate demand as competition with other brands intensified.
Bud Light Boycott Over Transgender Ambassador Cost Anheuser-Busch InBev Over $1 Billion Loss
The $1.4 billion potential sales loss for the World's biggest brewery was compounded by a nearly 7% drop in sales in Hong Kong and further declines in China for its Asia business.
Latest News
Putin's nuclear warning amid Ukraine crisis sparks global alarm. Escalating tensions prompts fears of catastrophic conflict, scrutiny of Russia's capabilities, and economic strain.
The $15.2 billion investment in semiconductor plants, including Tata Group's $11 billion chip facility, will be part of India's tech advancement push and reduce import dependency.
Texas engages in a legal battle with the federal government over border policies, asserting state authority amidst rising tensions.
The Federal Reserve may decrease interest rates in June following the lowest annual gain in over three years in the United States.
According to US regulators, they will be investigating internal communications to see if OpenAI's CEO, Sam Altman, potentially deceived investors.
Backed by a $1.4 billion investment from Asia's richest man, Mukesh Ambani, Disney will likely end at the top of highest streaming profitability by 2024.
The cloud seeding program will deploy 30 aircraft across its 77 provinces as part of its annual royal rainmaking initiative to combat severe drought and escalating air pollution.
GSK resolves California lawsuit over Zantac cancer claims in a confidential settlement, avoiding trial amid ongoing legal battles.
Reportedly, semiconductor businesses may confront water shortages as chip production technology advances.
Hacking group LockBit has issued a ransom demand to prevent the release of documents related to the criminal case against former President Donald Trump in Georgia.




