News
Elon Musk introduces “smartest AI on Earth”
Today, xAI, Elon Musk’s artificial intelligence startup, unveiled its latest offering: the updated Grok-3 model. According to Musk, this chatbot...
Shein could be forced to slash its valuation to $30 billion
Fast-fashion giant Shein is reportedly under pressure to cut its valuation to $30 billion. The company's valuation reached $100 billion...
Private equity firm EQT welcomes Per Franzén as new CEO
Today, Private Equity firm EQT appointed Per Franzén as CEO and Managing Partner, effective 27 May 2025. Per Franzén, who...
Canadian Trade Minister warns Canada has retaliatory plan to trade tariffs
Canada's Trade Minister, Mary Ng has spoken out against President Trump's proposed 25% tariffs on Canadian goods, saying "They will simply...
Apple and Google restore TikTok in App Store
Google Play announced late Thursday that it has reinstated TikTok in the U.S. App Store. The company cited President Donald...
Airbnb beats earnings expectations, will open new travel business in May
Today, Airbnb shares rose 13.3% in premarket trading after the company beat estimates for its Q4 and full-year 2024 results....
Credit card debt hits $1.21 trillion
According to the Federal Reserve Bank of New York's latest quarterly report on credit and household debt, credit card debt...
Siemens CEO says company is ready for tariffs
Today, Siemens CEO Roland Busch confidentally spoke to reporters after the company recorded higher than expected revenue. Busch told reporters...
Trump declares beginning of reciprocal tariffs
Today, President Donald Trump took to Truth Social to announce a new round of reciprocal tariffs on nations that charge...
Nissan and Honda end merger plan
Nissan and Honda have ended talks for a potential merger, eliminating the chance of forming the world's fourth-largest car manufacturer,...
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