Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank.
Sectors
Nvidia Faces Lawsuit From Authors Over AI Use of Copyrighted Works
Nvidia is facing a lawsuit filed by three authors alleging unauthorized use of their copyrighted works to train its NeMo AI platform.
Pfizer Shifts Its Focus to Cancer Drugs After Decline in COVID Business
Pfizer is shifting its focus from COVID-related products to cancer drugs. Pfizer is shifting its focus on cancer drugs as the pharmaceutical giant tries to recover from a challenging period due to the decline of its COVID-19 business.
Two Critical US Systems Hacked, Forcing US Cybersecurity Agency To Shut Them Down
US Cybersecurity Agency (CISA) confirms the breach in February due to Ivanti product weaknesses, prompting disconnection mandates for US government agencies and shutting down the affected systems.
Saudi Aramco Plans Higher Dividends and Investments to Propel Saudi Arabia Economy
Despite a 24.7% profit drop, Saudi Aramco reported increased dividends in 2023 and billions of investments to keep Saudi Arabia's economy afloat.
Latest News
Adam Sandler is Hollywood's highest-paid actor of 2023, beating other stars like Margot Robbie, Tom Cruise, and Ryan Gosling.
A Google Cloud engineer has publicly protested the company's work for Israel's military, which resulted in his termination.
Elon Musk's X is gearing up to enter the video streaming arena with the launch of a television app designed for Amazon and Samsung smart TVs.
OpenAI has announced its new board lineup following an internal investigation into the sudden ousting of CEO Sam Altman in November.
He discusses AI, Blockchain, and navigating layoffs in the gaming sector. Shawn Layden, a gaming industry expert and AAA game executive, presently advises Tencent Games, Streamline Media Group, and Readygg.
HelloFresh, a German meal-kit delivery service, faced a 42% stock decline following a bleak 2024 earnings outlook, with adjusted EBITDA expected to drop significantly. Regulatory issues and declining subscriber numbers further challenge its sustainability.
Meta might be penalized by South Korea's antitrust office for allegedly failing to protect local consumers on its Facebook and Instagram marketplaces against fraudulent transactions.
Broadcom's shares fell after its full-year forecast failed to impress investors despite its expectations of $10 billion in AI chip sales this year.
Aldi has announced a five-year expansion plan that will see the opening of 800 more of its discount supermarket stores across the US.
