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.

Oprah Winfrey's Departure From WeightWatchers Board Causes Shares to Fall by 29%

Oprah Winfrey's announcement that she was leaving WeightWatchers International, Inc.'s board has made the company's shares tumbling.

South Korea Exploring Potential Sanctions for Businesses That Fail to Meet Shareholder Return Goals

South Korea's market watchdog warned that corporations may be fined for failing to boost shareholder returns over time.


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China also accused U.S. companies operating in the country of espionage, raising mistrust amid economic challenges and export growth.
Amazon is set to replace Walgreens Boots Alliance in the Dow Jones Industrial Average. Amazon is set to replace Walgreens Boots Alliance in the Dow Jones Industrial Average (DJIA), according to S&P Dow Jones Indices' announcement on Tuesday.
Warren Buffett-Backed Capital One to Buy Discover Financial in $35 Billion Deal
Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Japan Money Yen
Japan proposes a bill allowing venture capital firms and investment funds to hold cryptocurrency assets.
London Stock Exchange Group
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies.
OpenAI, Now Valued at $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.
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.
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.
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.
Elon Musk's Rocket Company SpaceX Changes Location of Incorporation From Delaware to Texas
Elon Musk's rocket company, SpaceX, has changed the location of its business incorporation from Delaware to Texas.
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