Uber Unveils First-Ever $7 Billion Share Buyback After Strong Recovery in Ride-Share Revenue

Uber Unveils First-Ever $7 Billion Share Buyback After Strong Recovery in Ride-Share Revenue

Uber Technologies has announced its plan to repurchase up to $7 billion worth of company shares. Uber Technologies announced on Wednesday its plan to repurchase up to $7 billion worth of company shares.


Nvidia Becomes Third-Largest US Company After Beating Google's Alphabet in Market Cap

Nvidia surpassed Google's parent company, Alphabet, in market capitalization, securing its position as the third-largest company in the US.

Elon Musk's X Is Paying 'Influencers' Who Are Spreading Fake News About the Israel-Hamas War, Anti-Hate Group Claims

Nonprofit group Center for Countering Digital Hate (CCDH) claimed that Elon Musk's X is paying misinformation spreaders who "deliberately induce anger for engagement."

Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers

The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.


Latest News

Microsoft Creates the 'World's First Floating Xbox Controller' to Celebrate 'Dune: Part Two'
Microsoft has created the "world's first floating Xbox controller" in celebration of the release of "Dune: Part Two" on March 1, alongside a special edition Xbox Series S console.
OpenAI Scores Big Win in Court After Sarah Silverman's Copyright Lawsuit Is Partially Dismissed
A copyright lawsuit against OpenAI filed by a group of authors, including comedian Sarah Silverman, who alleged that ChatGPT is pirating their work, was partially dismissed by a California court.
Elon Musk's X Sued by Its San Francisco HQ Landlord for $13.6 Million, While SpaceX Fined After a Worker Accident
Elon Musk's X, formerly known as Twitter, is facing a lawsuit from the landlord of its San Francisco headquarters who seeks $13.6 million to refill a line of credit after the company allegedly failed to pay rent.
Paramount Global Is Laying Off About 800 Workers: Report
As the media firm looks for ways to cut costs and increase earnings this year, Paramount Global is reportedly laying off approximately 800 employees, or about 3% of its workforce.
Former Ron DeSantis Wall Street Fundraiser Shifts Focus to Donald Trump's Campaign, Aiming to Raise Over $3 Million
Former Wall Street executive Omeed Malik, known for his involvement in fundraising for Florida Governor Ron DeSantis, is now redirecting his efforts towards supporting former President Donald Trump's presidential campaign.
Bitcoin Money Launderer, Who Used Fake Churches as False Fronts in Romance Scams, Ordered to Pay Over $3.5M to Elderly Victims
Bitcoin money launderer Ian Freeman has been ordered to pay over $3.5 million in restitution to 29 primarily elderly victims.
Elon Musk Doubted Ukraine's Ability to Win Its War With Russia, Says 'There Is No Way in Hell' Vladimir Putin Could Lose
Tech billionaire Elon Musk has doubted Ukraine's ability to win its war with Russia as he believes that Russian President Vladimir Putin would not lose the battle.
Joe Biden Keeps Donald Trump's China Tariffs Despite Clashing on Many Policy Issues: Here's Why
President Joe Biden has retained the tariffs on imports from China that were imposed during the administration of former President Donald Trump.
EU Takes First Step to Use Frozen Assets of Russia to Rebuild Ukraine
The European Union (EU) has taken a significant step to support Ukraine by adopting a law to allocate windfall profits on frozen Russian central bank assets for rebuilding the war-struck country.
Uber, Lyft, DoorDash Drivers to Hold Nationwide Strike on Valentine's Day to Demand Better Pay
Thousands of Uber, Lyft, and DoorDash drivers are gearing up for a nationwide strike on Valentine's Day to demand fair pay.
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