Trump and Other Meme Coins
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Business
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“Take Back Tesla” Campaign Pushes Shareholders to Block Elon Musk’s $1 Trillion Pay Deal
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Just ahead of Tesla’s quarterly earnings release, a powerful coalition of labor unions and corporate accountability groups has launched a campaign challenging Elon Musk’s record-breaking $1 trillion compensation package. The initiative, called “Take Back Tesla,” is led by organizations including the American Federation of Teachers and Public Citizen. The campaign’s newly launched website urges Tesla […]
Varun Mohan Joins Google as Tech Giant Inks $2.4B AI Deal with Windsurf
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Google has made a major move in the escalating race for AI expertise by bringing on board Varun Mohan, co-founder and CEO of AI coding startup Windsurf. Alongside Mohan, several top-level research and development team members from Windsurf will also be joining Google. Rather than acquiring the startup, Google has secured a non-exclusive license to […]
Snowflake to buy database startup Crunchy Data
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Temu and Shein are pivoting to Europe in face of U.S. tariffs
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Instagram Hits 3 Billion Monthly Users, Joining Facebook and WhatsApp at the Top
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Instagram has officially surpassed 3 billion monthly active users, according to Meta CEO Mark Zuckerberg. Celebrating the milestone, Zuckerberg shared on his Instagram channel, “What an incredible community we’ve built here.” This achievement marks a significant moment for the photo and video-sharing app, which was acquired by Meta in 2012 for $1 billion. The last […]
Trump’s $100K H-1B Visa Fee: What It Means for Tech, Finance, and Skilled Workers
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WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]
Tesla Misses Earnings, Meta Slashes Jobs, and U.S. Tightens Oil Sanctions on Russia — Your Morning Market Brief
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1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]
Nvidia Spends $900 Million to Bring Enfabrica CEO on Board and License AI Startup’s Breakthrough Tech
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Nvidia has invested more than $900 million to bring in Enfabrica CEO Rochan Sankar along with several key employees, while also securing a license for the startup’s cutting-edge technology. The deal, completed last week, combines cash and stock compensation, according to people familiar with the matter. This move mirrors similar AI talent acquisitions made recently […]
Mark Zuckerberg Doubles Down on AI Investments: “The Returns Are Already Showing”
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Meta CEO Mark Zuckerberg has once again defended the company’s aggressive push into artificial intelligence, saying that heavy spending now will drive massive long-term gains for the tech giant. During Meta’s third-quarter earnings call, Zuckerberg addressed the company’s soaring AI expenditures — including a $14.3 billion investment in Scale AI — part of a broader […]
