BUSINESS
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Cryptocurrency Exchanges Hit $10 Trillion in November Trading, Setting New Records Cryptocurrency exchanges saw record $10 trillion in trading volumes in November, driven by bullish trends and U.S. election optimism. -
Russian Aluminum Imports to South Korea Jump 35% in Just One Month South Korea's Russian aluminum imports hit a 12-year high, driven by rising domestic demand and global supply chain shifts. -
Intel’s Gelsinger Resigns, Gets $12 Million Payoff After Less Than 4 Years Pat Gelsinger, former Intel CEO, will receive a $12 million severance after resigning due to ineffective turnaround plans. -
Elon Musk’s $101 Billion Compensation Deal in Jeopardy After Court Ruling Elon Musk's $56 billion compensation plan faces legal challenges as a court deems it inappropriate amidst rising CEO pay controversies. -
Mattel Sued Over Shocking Adult Website Link on Kids’ Doll Packaging Mattel faces a lawsuit after a children's doll linked to an adult website, causing emotional distress for a mother and her daughter. -
NVIDIA’s $3.3 Trillion Market Value Crashes—Apple Takes the Lead NVIDIA's stock fell over 4%, losing its title as the most valuable company amid U.S. export control concerns on China. -
Gold Prices Likely to Stay Strong in 2025, Analysts Predict Barrick Gold Will Benefit Analysts predict gold prices will rise in 2024, benefiting Barrick Gold's production and reserves, despite recent fluctuations. -
Microsoft 365 Outage Causes Chaos: Users Can't Access Emails, Calendars, and More Microsoft 365 faced disruptions in Outlook and Teams, affecting users globally. Recovery efforts are ongoing but slower than expected. -
Meta Faces Major Antitrust Trial Over Instagram and WhatsApp Acquisitions Meta faces an antitrust trial in April 2025 over allegations of suppressing competition through acquisitions of Instagram and WhatsApp. -
With Nvidia Slowing Down, Will Apple, Alphabet, and Tesla Steal the Spotlight in AI? Nvidia's stock lags despite strong earnings; analysts suggest broad market rally, focusing on sectors with rising profit estimates. -
Starbucks Faces Growing Pains in China: Could a Stake Sale to Local Firms Help Revive Growth? Starbucks is exploring options, including selling its stake in China, to improve performance with local partners. -
Samsung's Lee Jae Yong Makes Fortune's '100 Most Powerful People in Business' List—Here’s Who Else Made It Lee Jae Yong ranks 85th on Fortune's "100 Most Powerful People in Business," highlighting his leadership amidst industry challenges. -
Tesla vs. Rivian: Settlement Reached After Claims of Stolen Trade Secrets Tesla and Rivian have settled a four-year lawsuit over alleged trade secret theft, with a dismissal likely by December 24. -
China Steals America's Top AI Talent: Is Silicon Valley Losing Its Edge? China is rapidly becoming a global AI hub, attracting top talent and fostering startups, supported by major tech firms and the government. -
Amazon’s Massive $4 Billion Investment in Anthropic – Is This How AWS Will Dominate AI? Amazon invests an additional $4 billion in AI startup Anthropic, totaling $8 billion, enhancing collaboration on generative AI services. -
China’s Plan to Outmaneuver US Restrictions in Chip Manufacturing China's semiconductor industry is rapidly growing, focusing on self-sufficiency, with production capacity expected to rise significantly. -
Amazon at Risk of Massive Fines as EU Investigates Digital Markets Act Violation Amazon faces EU antitrust investigation for potential violations of the Digital Markets Act, risking fines of up to 10% of global revenue. -
Taiwan’s AI Strategy: Is $3 Billion Enough to Rival China’s Dominance? Taiwan plans to invest $1 billion annually in AI to diversify its economy and reduce reliance on China, enhancing national security. -
Exxon Mobil Invests $200M in Texas to Process 1 Billion Pounds of Plastic Waste—Here’s What That Means Exxon Mobil plans to invest $200 million in Texas to enhance plastic recycling, aiming for 1 billion pounds of waste processed by 2027. -
PayPal Faces Two-Hour Outage: Crypto Market Surges as Bitcoin Reaches $98,000 PayPal faced a two-hour service disruption affecting transactions, while Bitcoin surged past $98,000, boosting the crypto market.
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