Meta begins layoffs as it doubles down on AI investment
Meta, the parent company of Facebook, Instagram, and WhatsApp, has begun a new round of layoffs as part of its ongoing effort to streamline operations and ramp up investments in…
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A friend? Foe? Musk’s bid to buy OpenAI for $97.4B adds twist to AI leadership struggle
In a stunning development within the burgeoning field of artificial intelligence, Elon Musk is spearheading a group of investors with a $97.4 billion offer to acquire OpenAI, the company behind…
On Holding stock price has dropped: buy the dip?
On Holding stock has done well after bottoming at $15.6 in 2022. It has soared to $56, giving it a market cap of over $18 billion and making it one…
India among top 10 nations hit hardest by Trump’s 25% steel and aluminum tariffs
India is among the ten countries most affected by former US President Donald Trump’s recent decision to impose a 25% tariff on all steel and aluminium imports. The move, which…
Why the UK is cracking down on Indian restaurants over illegal workers
The UK government has ramped up its crackdown on illegal workers, with a significant focus on Indian restaurants and takeaways. This intensified enforcement effort, described by the Home Office as…
Will Trump’s steel and aluminum tariffs weaken China’s global grip?
The US has once again placed tariffs on imported steel and aluminium, targeting a sector long dominated by China. While China does not export large volumes of raw steel or…
‘We’ll buy Twitter for $9.74B’: OpenAI CEO shuts down Musk’s acquisition bid
The escalating feud between Elon Musk and OpenAI CEO Sam Altman took a dramatic turn on Monday as Altman responded to Musk’s $97.4 billion bid to acquire OpenAI with a…
Why Google is calling the Gulf of Mexico the Gulf of America for US users
Google Maps has updated its naming conventions for US-based users, now displaying the body of water previously known as the Gulf of Mexico as the “Gulf of America.” The change…
Why has the Rolls-Royce share price jumped, and what is next?
Rolls-Royce share price remains in a bull market as it jumped to 615p, its highest level since January 24. It has jumped by 95% in the last 12 months, bringing…
Kering stock surges 5% despite Gucci’s slow sales: here’s why
Shares of Kering surged 5.5% on Tuesday after the French luxury goods giant reported better-than-expected fourth-quarter sales, despite a year-on-year decline in revenues. The stock has had a rough time…