Industry

Jeff Bezos Is $3.3 Billion Richer After Amazon Stock Hits All-Time High

Jeff Bezos Is $3.3 Billion Richer After Amazon Stock Hits All-Time High

Another $3.3 billion was added to the $207 billion fortune of Amazon founder Jeff Bezos after the e-commerce giant hit a new record share price on Thursday.


Biden Administration Permits Over 25GW of Clean Energy on Public Lands, Surpassing 2025 Renewable Energy Goal

This milestone aligns with President Biden's goal to make the US power grid carbon pollution-free by 2035, a key initiative in combating climate change and securing energy resources.

Paramount Confirms Departures of 4 Board Members Amid Skydance Merger Talks

According to an SEC filing, it has been confirmed that four Paramount Global directors will not seek re-election at the upcoming annual meeting. As a result, the board will be reduced to seven directors.

FTX Founder Sam Bankman-Fried Appeals $8 Billion Fraud Conviction, 25-Year Sentence

FTX Founder Sam Bankman-Fried faced conviction on seven charges of fraud and conspiracy due to misappropriating about $10 billion in customer funds.


Latest News

Russia Destroys Ukraine's Largest Power Plant After Launching Widespread Attacks on Energy Grid
A devastating series of Russia's overnight strikes has left the Trypilska thermal power plant in ruins, dealing a severe blow to Ukraine.
Elon Musk Confirms He Is Visiting India to Meet Prime Minister Narendra Modi
Elon Musk has confirmed that he will visit India to meet Indian Prime Minister Narendra Modi. Elon Musk has confirmed that he will visit India to meet Indian Prime Minister Narendra Modi.
DOJ Launches Formal Antitrust Probe into Nippon Steel's Takeover of US Steel: Report
The United Steelworkers union stands against the acquisition, citing potential threats to American jobs.
US, Japan Vow New Collaboration to Push for Next Generation Nuclear Power
The United States and Japan have recently unveiled a collaborative effort aimed at accelerating the advancement and implementation of nuclear fusion technology.
Royal Mail Release Definitive King Charles III Stamps
The reports indicate that four Chinese suppliers are manufacturing counterfeit stamps at an alarming rate of up to one million per week.
Tesla No. 1 in Brand Loyalty, New Survey Reveals; Almost 90% of EV Owners Say They'll Buy Again
Tesla is no. 1 in a new brand loyalty survey and almost 90% of its customers in the US say they'll buy another Tesla.
Gold Rush at Costco: Wells Fargo Estimates Gold Bars Revenue as Much as $200 Million Monthly
Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.
AI Transparency Bill: Artificial Intelligence Companies Urged to Reveal Use of Copyrighted Material for Generative Models
With the increasing integration of generative artificial intelligence tools into the entertainment sector, a bill was endorsed to mandate AI companies to be more transparent.
South Korea's President Yoon Suk Yeol said the government will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) by 2027 in a bid to maintain its global dominance in semiconductor chips.
The US Treasury Department has expressed concerns about the growing use of virtual currencies and other digital assets by terrorist groups unless Congress enacts new regulatory measures.
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