Industry

Elon Musk Reveals His New Plan for X — To Deliver News Summarized by Grok AI

Elon Musk has unveiled his plan to summarize news events on his social media platform X using xAI's chatbot, Grok.


Boeing Gives Alaska Airlines $61 Million in Credit Memos to Compensate for Damages Caused by MAX 9 Grounding

Alaska Air Group disclosed on Friday that it received $61 million in supplier credit memos from Boeing...

Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally

Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit...

Universal Music Group Reports Nearly 6% Q1 Revenue Growth After a New Deal With TikTok

The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024...


Latest News

McDonald's Faces Financial Risk and Investor Concerns After Worldwide System Outages
The cause of worldwide system outages felt by several McDonald's franchises is still not clear as the restaurant chain refrained from explaining the details.
Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals
Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs).
FDA Approves First Drug to Treat Serious Liver Disease — A Win for Madrigal Pharmaceuticals as Rivals Circle
The US Food and Drug Administration (FDA) has approved Madrigal Pharmaceuticals' Rezdiffra, the first drug to treat serious liver disease.
Japan’s Nippon Steel Is Determined to Acquire US Steel Despite Joe Biden's Opposition
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Argentina's Economy Minister Issues Warning Over Fuel Shortages: Export Restrictions Loom
Sergio Massa, Argentina's Economy Minister and presidential candidate, has warned oil producers of impending export restrictions unless they address fuel shortages.
Amazon And Other Retailers Lost About $101 Billion To Refund Scam Promoted On TikTok And Telegram
Losses exceeding $700,000 in individual cases due to refund fraud were owed to platforms like TikTok and Telegram, where these schemes were promoted.
Titanic To Set Sail Again As Australian Billionaire Clive Palmer Plans To Build A Replica Starting 2025
Clive Palmer's Titanic replica project, Titanic II, will aim to recreate the iconic ship's journey and offer an authentic experience with a recommended 1900s attire complete with amenities.
Under Armour Founder Kevin Plank Reported to Return as CEO and the Company's Share Price Suddenly Jumped
Under Armour founder Kevin Plank is taking over as CEO of the sportswear company again.
McDonald's Admits Losing Customers as Lower-Income Americans Opt to Cook at Home Instead
McDonald's admits losing customers because lower-income Americans prefer to cook at home instead of dining out.
2 Sundance Film Festival Theaters in Utah Are at Risk of Closure After Their Owner Declared Bankruptcy
The future of two prominent venues of the Sundance Film Festival in Utah hangs in the balance as their owner, Metropolitan Theaters Corporation, filed for Chapter 11 bankruptcy.
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