May 18, 2024 Last Updated 10:59 AM EDT

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Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About His Conduct

Joe Kiani, a billionaire and prominent megadonor to President Joe Biden, is facing being ousted as chairman of Masimo, the medical device company he founded.

EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report

The EU has sought for more information about Microsoft's risk report on its generative AI tools...

Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report

Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports...

Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers

Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers...

Elon Musk's Tesla Pay Package Struggles to Materialize as it Faces Skepticism from Shareholders

Will Tesla shareholders approve Elon Musk's $56 billion compensation p...

Apple May Release Slimmer iPhone by 2025 in 'Major Redesign'

There has been a speculation that Apple is developing a slimmer iPhone...

Latest News

Sony Buys 50% Of Michael Jackson's Music Catalog For $600 Million
Sony Music Group's record-breaking deal with Michael Jackson's catalog, valued at over $600 million, makes it the largest ever for a solo musician, encompassing hits from albums like Bad and tracks by
Apple Allocates $73 Billion For AI Development, Competing With Microsoft AI
Apple is shifting its focus from its decade-long car project to investing $73 billion in Apple AI, aiming to challenge Microsoft’s AI leadership, with plans to unveil generative AI-based tools at WWDC
KeokeN Interactive Conducts Job Cuts as Layoffs in Tech and Gaming Sector Continue
KeokeN Interactive recently underwent a round of layoffs, affecting a small portion of its workforce.
AstraZeneca’s Lawsuit Challenging Medicare Drug Price Negotiations Dismissed by Judge
A federal judge in Delaware has dismissed AstraZeneca's lawsuit challenging Medicare's new power to negotiate prices directly with drug manufacturers.
Walt Disney's Heirs Open Letters Defend CEO Bob Iger Amid Shareholder Dispute
Disney heirs pen a letter to support CEO Bob Iger amid feud with Nelson Peltz, who wants to seek board position.
Yum China's Low-Price Strategy Thrives Amid Economic Pressures in China
Yum China thrives amidst economic challenges by targeting both budget-conscious and quality-seeking consumers. Revenue soars by 19%, net profit by 81%, employing a value-driven approach.
Alibaba Executive Will Step Down To Promote Younger Managers Amid Restructuring Efforts
Alibaba's Local Services Group (LSG) head, Yu Yongfu, will be leaving his role by March's end amid the company's restructuring, with younger leaders stepping up.
IBM Seeks Volunteers for Layoffs, Targeting 80% Reduction in Worldwide Staff
Asking staff to volunteer for layoffs is a way for IBM to reduce staff as part of its restructuring move, particularly in improving client demands.
Virgin Galactic to Pause Space Flights to Focus on Developing Its Next-Generation Delta-Class Spacecraft
Virgin Galactic has announced a pause in its space flights to redirect resources to developing its next-generation Delta-class spacecraft.
Electronic Arts to Cut 5% of Employees Amid Ongoing Layoffs in Gaming and Tech Sector
Electronic Arts has announced its plan to reduce its workforce by about 5%.

Most Read

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SWITZERLAND-DAVOS-SUMMIT-POLITICS-ECONOMY

EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report

2

Elon Musk Kills Twitter Site as He Confirms Domain Transition to X.com Is Now Complete

Elon Musk Kills Twitter Site as He Confirms Domain Transition to X.com Is Now Complete

3

Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About HIs Conduct

Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About His Conduct

4

Apple May Release Slimmer iPhone by 2025 in 'Major Redesign'

Apple May Release Slimmer iPhone by 2025 in 'Major Redesign'

5

IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes

IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes
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