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Microsoft, Alphabet Shares Slide Amid Investors' Concern on High Cost of AI Development

Microsoft, Alphabet Shares Slide Amid Investors' Concern on High Cost of AI Development

Shares of Microsoft and Alphabet dropped on Tuesday amid investors' concern about the high cost of AI development.


Defunct Crypto Exchange FTX Is Paying Back Customers in Full: Here's What You Need to Know

FTX, the cryptocurrency exchange that has collapsed, intends to repay investors for the losses they incurred during its downfall.

Apple Extends Modem Chip Deal With Qualcomm Until March 2027

Apple has opted to extend its licensing agreement with Qualcomm for modem chips. Apple has opted to extend its licensing agreement with Qualcomm for modem chips, Qualcomm disclosed during its first earnings call this year.

Net Worth of Every 2024 Presidential Candidate Revealed: Ranking Joe Biden, Donald Trump, Other Candidates by How Rich They Are

Here is the net worth of each 2024 presidential candidate, showing who among President Joe Biden, former President Donald Trump, and other candidates in the race is the richest.


Latest News

Russia's Vladimir Putin's Income as President Revealed: How Much Money Did He Earn in the Past 6 Years?
Russia's Central Election Commission (CEC) published the financial earnings of Russian President Vladimir Putin on Tuesday.
US-ENTERTAINMENT-FILM-FESTIVAL-CARTOON-COMICCON
Byron Allen, through his company Allen Media Group, has made a $30 billion bid to acquire Paramount Global.
SAMSUNG
Samsung predicted a gradual rebound in tech demand and memory chips in 2024 despite a 34% drop in 2023 fourth-quarter profitability.
Citibank Sued by New York State Over Failure to Protect, Reimburse Victims of Fraud
The state of New York has filed a lawsuit against Citibank for its alleged failure to protect customers from electronic fraud and to reimburse victims for millions of dollars in losses.
US-POLITICS-BIDEN
Biden just threw some jabs at his rival Trump during his Florida fundraiser. President Joe Biden used a Jupiter, Florida fundraiser to solicit support and take aim at former President Donald Trump, according to a report by POLITICO.
China Reports Woman's Death From 2 Combined Strains of Bird Flu; Another Bird Flu Strain Found Killing Antarctic Penguins
China has reported the death of a 63-year-old woman from Anhui province due to combined H3N2 and H10N5 strains of bird flu.
Elon Musk Could Lose His Spot as World's Richest Person After Judge Voids His Record-Breaking $55 Billion Tesla Pay Package
A Delaware judge ruled on Tuesday to void Tesla CEO Elon Musk's 2018 compensation package, which is potentially worth up to $55.8 billion.
UPS Posts Positive Quarterly Earnings, And Forecasts A Strong Holiday Season
UPS is set to lay off 12,000 workers this year, attributing the decision to a notable slowdown in delivery volume.
Web Network
A recent study predicts that around 62,000 entertainment jobs in California are likely to be disrupted by AI.
GERMANY-AUTOMOBILE-IAA-SHOW
GOP reps are urging the Biden administration to investigate Ford's deals with Chinese companies.