Warren Buffett Offloads $982 Million in Bank of America Stock as Berkshire Cuts Stake by 13%Warren Buffett sold $982 million of Bank of America shares, reducing Berkshire Hathaway’s stake by 13% since July.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech?On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
China Chooses iPhone: Apple's Smart Strategy Leads to a 52% Sales IncreaseiPhone, Apple's flagship product, saw a 52% increase in shipments in China last month, bouncing back ...
Target Slashes Prices on Thousands of Items: From Diapers to Dairy!Target announced on the 20th that it will reduce the prices of at least 5,000 frequently purchased items, including milk and diapers.
Gold Prices Hit All-Time High Amid Geopolitical Tensions and Fed Policy OptimismAmid rising geopolitical tensions in the Middle East and expectations that the Federal Reserve may a ...
Google's Layoff Spree Continues Amid Economic UncertaintyGoogle recently initiated additional layoffs for its cost-cutting measures and plans to transition laid-off employees to overseas hubs. According to a Google spokesperson on the 17th (local time), the layoffs are not company-wide, and affected employees can apply for internal roles. However, the spokesperson did not specify the number of affected employees or the relevant […]
Paramount Global Considers Potential Acquisition of Skydance for $5 BillionA major media corporation is seemingly considering the acquisition of an independent studio. The Wall Street Journal reported on the 6th that Paramount is poised to acquire Skydance for approximately $5 billion. Reuters reported that Paramount’s board members have opted for exclusive merger negotiations with the independent studio Skydance Media rather than a $26 billion […]
Citigroup's NYC Layoffs: 430 Employees to Go in JuneCitigroup is now embarking on a massive layoff in New York. On the 1st, Citigroup announced in documents submitted to the Department of Labor that it would lay off 430 employees across multiple departments in New York. According to the documents, the layoffs will target 363 Citibank employees and include employees from the technology and […]
Elon Musk Reveals Upgraded Grok-1.5 Chatbot from xAI, Launching Next WeekElon Musk, CEO of Tesla Elon Musk is set to launch the upgraded Grok-1.5. Elon Musk revealed in a post on his social media on the 29th (local time) that the latest Grok-1.5 chatbot from AI startup xAI will be available on X next week. Grok-1.5, the enhanced version of Grok, will be available on […]
United Airlines Under the Microscope: FAA Ramps Up Investigation into Safety ConcernsThe U.S. Federal Aviation Administration (FAA) is conducting a detailed investigation into the safety of United Airlines. United Airlines announced on the 23rd that it will undergo an enhanced detailed investigation by the Federal Aviation Administration (FAA) following recent accidents. In a memo, Sasha Johnson, United Airlines’ Vice President of Aviation Safety, said, “In the […]
Google's Gemini AI Engine May Soon Power Features on Apple's iPhone, Sources SayApple is in talks to integrate Google’s Gemini into the iPhone. Bloomberg reported on Monday, citing a source, that Apple is in discussions to incorporate Google’s Gemini AI engine into the iPhone, according to a report on the 18th. According to the source, the negotiations involve a Gemini license for some new features to be […]
U.S. Senator to Introduce Bill for Advanced Healthcare Payments in the wake of Change Healthcare HackA U.S. Senator plans to propose a bill following the hacking of UnitedHealth’s tech division, Change Healthcare. Reuters reported on the 9th that Democratic Senator Mark Warner plans to introduce a bill to expedite and advance payments to healthcare providers after Change Healthcare was hacked. In a statement, Warner said, “This attack shows that we […]
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Warren Buffett Offloads $982 Million in Bank of America Stock as Berkshire Cuts Stake by 13% Warren Buffett sold $982 million of Bank of America shares, reducing Berkshire Hathaway’s stake by 13% since July.
Google Pumps $2.3 Billion Into Ohio Data Hub: What's Next for Tech? On the 18th, Google announced it would be investing an additional $2.3 billion to support three data center campuses located in central Ohio.
China Chooses iPhone: Apple's Smart Strategy Leads to a 52% Sales Increase iPhone, Apple's flagship product, saw a 52% increase in shipments in China last month, bouncing back ...
Target Slashes Prices on Thousands of Items: From Diapers to Dairy! Target announced on the 20th that it will reduce the prices of at least 5,000 frequently purchased items, including milk and diapers.
Gold Prices Hit All-Time High Amid Geopolitical Tensions and Fed Policy Optimism Amid rising geopolitical tensions in the Middle East and expectations that the Federal Reserve may a ...
Google's Layoff Spree Continues Amid Economic Uncertainty Google recently initiated additional layoffs for its cost-cutting measures and plans to transition laid-off employees to overseas hubs. According to a Google spokesperson on the 17th (local time), the layoffs are not company-wide, and affected employees can apply for internal roles. However, the spokesperson did not specify the number of affected employees or the relevant […]
Paramount Global Considers Potential Acquisition of Skydance for $5 Billion A major media corporation is seemingly considering the acquisition of an independent studio. The Wall Street Journal reported on the 6th that Paramount is poised to acquire Skydance for approximately $5 billion. Reuters reported that Paramount’s board members have opted for exclusive merger negotiations with the independent studio Skydance Media rather than a $26 billion […]
Citigroup's NYC Layoffs: 430 Employees to Go in June Citigroup is now embarking on a massive layoff in New York. On the 1st, Citigroup announced in documents submitted to the Department of Labor that it would lay off 430 employees across multiple departments in New York. According to the documents, the layoffs will target 363 Citibank employees and include employees from the technology and […]
Elon Musk Reveals Upgraded Grok-1.5 Chatbot from xAI, Launching Next Week Elon Musk, CEO of Tesla Elon Musk is set to launch the upgraded Grok-1.5. Elon Musk revealed in a post on his social media on the 29th (local time) that the latest Grok-1.5 chatbot from AI startup xAI will be available on X next week. Grok-1.5, the enhanced version of Grok, will be available on […]
United Airlines Under the Microscope: FAA Ramps Up Investigation into Safety Concerns The U.S. Federal Aviation Administration (FAA) is conducting a detailed investigation into the safety of United Airlines. United Airlines announced on the 23rd that it will undergo an enhanced detailed investigation by the Federal Aviation Administration (FAA) following recent accidents. In a memo, Sasha Johnson, United Airlines’ Vice President of Aviation Safety, said, “In the […]
Google's Gemini AI Engine May Soon Power Features on Apple's iPhone, Sources Say Apple is in talks to integrate Google’s Gemini into the iPhone. Bloomberg reported on Monday, citing a source, that Apple is in discussions to incorporate Google’s Gemini AI engine into the iPhone, according to a report on the 18th. According to the source, the negotiations involve a Gemini license for some new features to be […]
U.S. Senator to Introduce Bill for Advanced Healthcare Payments in the wake of Change Healthcare Hack A U.S. Senator plans to propose a bill following the hacking of UnitedHealth’s tech division, Change Healthcare. Reuters reported on the 9th that Democratic Senator Mark Warner plans to introduce a bill to expedite and advance payments to healthcare providers after Change Healthcare was hacked. In a statement, Warner said, “This attack shows that we […]
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