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Goldman Sachs CEO Optimistic Despite IPO and M&A Market Challenges
The landscape of public companies in the United States has undergone significant transformation over the past quarter-century. Currently, there are approximately 3,800 public companies, a sharp decline from 13,000 just…
Biden Reflects on Legacy and Democracy in Farewell Address
Joe Biden delivered an emotive farewell address from the Oval Office, marking the end of his presidency by highlighting significant achievements and addressing potential threats to democracy. He opened his…
Tesla’s Cybertruck Discounts Reflect Intensifying EV Market Competition
Tesla has introduced new discounts on its Cybertruck models as the electric vehicle (EV) market becomes increasingly competitive. The Cybertruck, which outsold the Ford Lightning F-150 in the United States…
Microsoft Halts Hiring in U.S. Consulting Unit Amid Cost-Cutting Measures
Microsoft has announced a pause in hiring within its U.S. consulting business as part of a broader strategy to reduce expenses. The decision will affect the consulting division, which plans…
Biden Plans to Remove Cuba from State Sponsor of Terrorism List
President Joe Biden intends to notify Congress about removing Cuba from the state sponsor of terrorism list, reflecting a significant policy shift after a thorough assessment found no basis for…
Google’s NotebookLM Podcast Hosts Undergo “Friendliness Tuning” After Snippy Reactions
Last year, Google’s NotebookLM captured widespread attention with its innovative feature allowing entirely AI-generated podcast-like discussions. This groundbreaking tool enables users to upload content and have AI bots engage in…
Pixxel Launches India’s First Private Hyperspectral Satellite Constellation
Pixxel, an innovative space tech startup from India, has successfully launched the first three hyperspectral satellites of its pioneering commercial constellation, Firefly. This launch represents a significant milestone for the…
Anticipation Builds as Nintendo Prepares for Next-Gen Switch Announcement
Speculation is mounting as rumors circulate about the next generation of Nintendo‘s popular hybrid gaming console, the Switch. The tech world is abuzz with expectations that the new console, possibly…
Fortinet Firewall Vulnerability Exploited in Mass Campaign
Arctic Wolf, a prominent cybersecurity firm, recently detected a widespread exploitation campaign targeting Fortinet FortiGate firewall devices. This campaign, tied to a critical vulnerability known as CVE-2024-55591, has been causing…
Meta Targets 5% Workforce Reduction to Boost Efficiency
Meta is set to implement performance-based job cuts affecting roughly 5% of its global workforce. This decision aligns with CEO Mark Zuckerberg’s ongoing efforts to overhaul his public image and…
Intel Capital Set for Independence as Intel Restructures Business
Intel Corporation has announced plans to spin off its venture capital arm, Intel Capital, into an independent entity. Established in 1991, Intel Capital was unique at its inception as a…
Musk’s Twitter Activity Drives Millions in Bets on Polymarket
Elon Musk’s prolific tweeting has become a financial spectacle on Polymarket, a popular prediction market platform. Since June, enthusiasts have been betting on the Tesla CEO’s Twitter activity, creating a…
Instagram Shifts Focus Towards Original Content Amid TikTok Ban Uncertainty
Adam Mosseri, head of Meta’s Instagram, said Monday that the app will focus on prioritizing original and creative content in its algorithmic rankings in 2025. His comments came in a…
US Implements New Restrictions on AI Chip Exports, Reshaping Global Tech Landscape
The United States government has announced a new set of restrictions on the export of advanced artificial intelligence (AI) chips, marking a significant shift in its technology export policy. The…
SEC Sues Musk Over Alleged Twitter Stake Disclosure Violations
The U.S. Securities and Exchange Commission (SEC) has initiated a lawsuit against Elon Musk, alleging that the billionaire entrepreneur failed to timely disclose his substantial stake in Twitter, now known…
MetAI Secures Nvidia Backing for Innovative AI-Powered Digital Twins
Taiwan’s MetAI has developed a model that can quickly generate ‘SimReady’ (simulation-ready) digital twins using AI and 3D technology, by converting CAD files into functional 3D environments within minutes. Founded…
Boeing’s 2024 Deliveries Plummet Amid Safety and Production Challenges
Boeing, the troubled aerospace giant, says it delivered just 348 aircraft to its customers last year, marking its lowest output since the pandemic. This figure represents a sharp drop from…
South Korea’s President Yoon Suk Yeol Taken into Custody
In a remarkable turn of events, South Korea’s impeached President Yoon Suk Yeol was reportedly arrested by the country’s Corruption Investigation Office for High-Ranking Officials. This incident marks a historic…
India’s Inflation Drops to 5.22%, Marking the Lowest Level in Four Months
India’s inflation rate eased to 5.22% in December, marking the lowest level in four months, driven by a decline in food prices, according to the National Statistical Office (NSO). This…
Southern Japan Jolted by 6.9 Magnitude Earthquake, Triggers Tsunami Advisory
A powerful earthquake with a preliminary magnitude of 6.9 struck southern Japan on Monday night, sending tremors through the region and prompting tsunami advisories. The seismic event occurred at 9:19…