Business

“Take Back Tesla” Campaign Pushes Shareholders to Block Elon Musk’s $1 Trillion Pay Deal

October 27, 2025

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“Take Back Tesla” Campaign Pushes Shareholders to Block Elon Musk’s $1 Trillion Pay Deal

Business

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 […]

Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

Varun Mohan Joins Google as Tech Giant Inks $2.4B AI Deal with Windsurf

July 14, 2025

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Business

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 […]

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

Trump and Other Meme Coins

June 5, 2025

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U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has clarified that meme coins, including the $TRUMP token, do not fall under the agency’s regulatory purview. This stance has significant implications for investors and the broader cryptocurrency market. SEC’s Position on Meme Coins In a recent interview, Commissioner Peirce emphasized that many meme coins, such […]

FINANCE NEWS YOU NEED TO KNOW TODAY

Instagram Hits 3 Billion Monthly Users, Joining Facebook and WhatsApp at the Top

September 29, 2025

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Instagram Hits 3 Billion Monthly Users, Joining Facebook and WhatsApp at the Top

Business

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 […]

Report Reveals Meta’s Ties With National PTA Amid Rising Concerns Over Child Safety

Snowflake to buy database startup Crunchy Data

June 5, 2025

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Snowflake’s acquisition of Crunchy Data for approximately $250 million marks a strategic move to enhance its AI Data Cloud platform with enterprise-grade PostgreSQL capabilities. This acquisition underscores the growing importance of robust database solutions in the development and deployment of AI applications. Why Snowflake Acquired Crunchy Data Snowflake aims to bolster its offerings for customers […]

Is Starlink Coming to Pakistan?

Temu and Shein are pivoting to Europe in face of U.S. tariffs

June 10, 2025

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Amid escalating U.S. tariffs, Chinese e-commerce giants Temu and Shein are strategically pivoting their focus to Europe, aiming to offset declining U.S. sales and capitalize on the region’s growing demand for affordable online shopping. U.S. Market Challenges The U.S. market, once a significant revenue stream for both platforms, has become increasingly challenging. In May 2025, […]

Is Starlink Coming to Pakistan?

Europe’s AI Powerhouse: SAP Secures 85% of 2026 Revenue as AI Deals Skyrocket

October 27, 2025

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Europe’s AI Powerhouse: SAP Secures 85% of 2026 Revenue as AI Deals Skyrocket

Business

While the global enterprise AI landscape is often dominated by U.S. giants like Microsoft and Salesforce, Europe’s SAP is rapidly emerging as a powerful contender — and it’s betting big on artificial intelligence. In a recent interview, SAP CEO Christian Klein revealed that AI is now the top driver behind new client contracts, fueling impressive […]

SoftBank’s Masayoshi Son Bets Big on AI, Aiming to Shape the Future of Technology

Prime Day Sparks $7.9 Billion Online Spending Surge in Just 24 Hours

July 10, 2025

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Business

Online shoppers in the U.S. spent a massive $7.9 billion on Tuesday—the opening day of Amazon’s Prime Day sales event—marking a 9.9% increase compared to the same day last year, according to data from Adobe Analytics. This figure makes it the biggest e-commerce day of 2025 so far, surpassing last year’s Thanksgiving Day total of […]

Amazon Merges Freevee Into Prime Video, Ending Standalone App in August

Meta Cracks Down on Predators with New Teen Safety Tools After 600,000+ Suspicious Accounts Flagged

July 24, 2025

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Business

Meta unveiled a new wave of safety features on Wednesday aimed at better protecting teenagers across its platforms. These updates include stronger direct messaging safeguards to combat exploitative content and new tools to help teens identify and report suspicious users. Now, younger users will see added context about the people they’re chatting with—such as the […]

Meta Wipes Out 10 Million Fake Facebook Profiles in Major Anti-Spam Crackdown

Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

July 11, 2025

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Business

Nvidia CEO Jensen Huang visited the White House on Thursday for a meeting with former President Donald Trump, coinciding with Nvidia’s historic climb to become the first publicly traded company to close a trading session with a market valuation surpassing $4 trillion—outpacing both Apple and Microsoft. The meeting took place as Nvidia’s stock saw a […]

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