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Bezos Offloads £47M in Amazon Shares to Charities—A Generous Gesture or Smart Tax Strategy?
Over the past years, Jeff Bezos has consistently donated millions of Amazon shares to non-profit organisations as part of his philanthropic efforts.
The Death Of Skype: How A Video Calling Giant Lost Its Edge And Fell Into Irrelevance
Microsoft is officially retiring Skype, urging users to switch to Teams as the once-dominant video calling platform loses out to modern rivals like Zoom.
Why Is Nvidia Stock Price Falling Despite Posting a Record 114% Revenue Growth in 2024 to £103.3B
Nvidia Corp. (NASDAQ:NVDA) stock price was on a downtrend despite posting record revenues boosted by Blackwell AI GPU sales as analysts were concerned about the disappointing gross margin guidance for Q1.
Warren Buffett Buys £28M Worth of Occidental Petroleum Shares, Bumps Stake to 28.2% Ahead of Q4 Results
Warren Buffett's Berkshire Hathaway continues to increase its stake in Occidental Petroleum, recently purchasing 763,017 shares despite the stock price falling over 30% from its record high in April 2024.
Elon Musk's Social Security Warning After US Treasury's Payment System Takeover Alarming for Beneficiaries
Elon Musk said massive fraud in federal entitlements, including Social Security and Medicaid, exceeds the combined sum of every private scam.
Jeff Bezos' £8B Fund Cuts Funding to Climate Group As Amazon Secures £670K Military Contract In Britain
Jeff Bezos' Earth Fund halted funding for the Science Based Targets Initiative (SBTi), while Amazon secured a consultancy deal with the UK Ministry of Defence to lead a study on advanced space-based communications systems.
Sirius XM Stock up 12% After Warren Buffett Snaps 35% Stake on Bets of a Strong Comeback
Warren Buffett continued to increase his stake in the satellite streaming and radio company as it grew the podcasting business and ramped up its customer base through in-car services in Tesla and Rivian EV models.
Wall Street Sells £4.41B of X Loans as Investors Bet on Strong Financials, Advertisers Returning to Musk's Firm
X's improving 2024 EBITDA, major advertisers like Apple mulling a comeback to the platform, and Amazon ramping ad spending led investors to buy £4.41B of 2022 debt used by Musk to take over the social networking platform.
Looking To Invest in Firms Like DeepSeek? Buy Early-Stage Market Disruptors via Investment Trusts
Investors can explore venture capital trusts, which are listed firms that raise money to invest in innovative and privately owned companies with future potential.
SEC's Efforts To Curb Celebrity Crypto Meme Coins Rug Pulls Could Fade Under Trump
Investigation revealed that launching celebrity meme coins has become a way for insider token holders to dump their holdings when prices surge upon rollout, causing investors massive losses.
Microsoft's Termination Letter For Underperforming Employees: Guise For Corporate Cost-Cutting?
Microsoft has begun performance-based layoffs, immediately cutting healthcare benefits and denying some of severance pay.
Qwen 2.5 and DeepSeek R1 Keep US AI Firms in a Limbo as Stock Prices Struggle To Bounce Back
US tech companies are scrambling to enhance their AI models amid the rise of cost-effective Chinese alternatives with similar computing power.
DeepSeek Could Shatter Overvalued US Stocks as America's AI Spending Comes Under Scrutiny
DeepSeek's R1 AI model claims to match OpenAI's o1 model by multiple benchmarks for a fraction of the development costs.
Anduril's £819K Arsenal-1 Facility Is the Largest Single Job-Creation Project in Ohio
Autonomous weapons developer Anduril will create a 5 million square feet facility to manufacture vertical take-off drones called Roadrunner, Ghost helicopters, Barracuda cruise missiles, and their biggest aircraft, Fury.
Rednote Gains 700K Users in 2 Days as US Downloads Surge 200% Amid TikTok Ban Talks
RedNote app developers are scrambling to moderate the English language in the Mandarin-dominated interface amid a massive influx of US users. Meanwhile, reports emerged that Elon Musk could buy TikTok US to avert a nationwide ban on the app.
New Nvidia GeForce RTX 5070 Graphics Cards Powered by Blackwell AI: Release Date, Price and More
Nvidia's GeForce RTX 5070 graphics cards and laptops are expected to deliver unmatched gaming responsiveness and image quality while minimising latency and ensuring improved battery life.
Elon Musk's xAI Raises £4.78B to Ramp up R&D Across His Firms as Revenues Near £79M Annually
xAI raised £4.78 billion to accelerate training its next-generation powerful AI model, Grok 3, alongside enhancing technology across SpaceX and Tesla.
Palantir Joins the Nasdaq 100 Index as Stock Price Surges by Over 340% This Year
The Palantir stock continues its year-long rally on the back of expanding government contracts and deployment of AI services in the commercial space with a focus on the manufacturing industry.
Hawk Tuah Haliey Welch's Memecoin Under Scanner as Price Plummets Shortly After Launch
Hawk Tuah meme personality Haliey Welch faces criticism and potential legal consequences as investors lose money on the recently launched HAWK crypto token.
SpaceX Explores Tender Valued at £273b, Potentially Adding £31b to Elon Musk's Net Worth
A successful SpaceX tender will push the rocket company ahead of top defence and aerospace firms like Lockheed Martin and GE Aerospace.
Brighton Man Drowns In £75K Loans After Falling For Martin Lewis And Elon Musk Deepfake Crypto Scam
Brighton resident Des Healey fell for a deepfake Facebook advert of popular consumer finance expert Martin Lewis vouching for a non-existent Bitcoin investment scheme, supposedly endorsed by Elon Musk.
Cryptocurrencies Surge on Donald Trump's Election Victory: Two Coins That Could Explode
Cryptocurrencies are facing upward price pressures as whale investors continue to pump massive capital into the sector. Trump's comeback will likely boost nationwide crypto adoption and promote transparent regulatory frameworks.
Donald Trump Wins The 2024 US Elections, Here Are Five Stocks You Should Buy Today
Trump's reelection could boost IPO activity, make banking regulations more lenient, and buoy energy stocks as he plans to drill from day one of his second tenure as US President.
'I Bought A Jet...Online': Mark Cuban Reveals He Bought A $40M G5 Online After Selling Broadcast.com
Billionaire Mark Cuban wired the entire $40 million and completed the paperwork for the Gulfstream G5 entirely online after selling Broadcast.com to save time because he flew a lot for work.
Who Is Ryan Salame? US Tech CEO Announces New Position On LinkedIn: Prison Inmate
Former FTX Digital Markets CEO Ryan Salame, known for his role in the collapse of the cryptocurrency exchange, has ironically announced his new position as a prison inmate on LinkedIn after being sentenced to seven and a half years for illegal political contributions and financial misconduct.
Are You Among The Top 10% Of Wealthy Retirees? Here's How To Find Out And What Steps You Can Take To Join Them
To be among the top 10% of wealthy retirees, you require a net worth of $1.9 million. These people often have diverse investment portfolios, strong passive income streams, and a balanced long-term mindset.
80-Year-Old Californian Contemplates Suicide After Losing $720K Life Savings To Scammer
Alice Lin, a Southern California widow, is now leveraging new laws to win her case against JPMorgan for allowing fraudulent transactions despite multiple red flags.
Is This Why Your Rent Is Skyrocketing? DOJ And 8 US States Sue RealPage For Alleged Price-Fixing Scheme
The DOJ is probing RealPage's collusion with landlords via its algorithm-based rental price-setting software to fix higher rents beyond market forces that impacted millions of renters.
'Big Short' Investor Michael Burry Ditches Gold, US Stocks For Cheap Chinese Internet Companies
Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.
Crowdstrike's President Accepting An Actual 'Most Epic Fail' Award In Person Is An Excellent Leadership Lesson
CrowdStrike's President Michael Sentonas offered a powerful leadership lesson by accepting the "Most Epic Fail" award in person at DEF CON, demonstrating accountability and commitment to learning from mistakes.