Gold Rush at Costco: Wells Fargo Estimates Gold Bars Revenue as Much as $200 Million Monthly
Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.
Industry
EU Slams Meta's 'Privacy for Cash' Model, Says SocMed Platforms Should Provide Free Option Without Targeted Ads
EU privacy watchdog suggested that Meta Platforms and other major online platforms should provide users with the choice to use their services for free, without the inclusion of targeted advertising.
Elon Musk's SpaceX Working With Northrop Grumman on Secret Spy Satellite Project for US Intelligence: Report
Elon Musk's SpaceX has reportedly partnered with Northrop Grumman on a secret spy satellite project...
Stability AI Cuts 10% of Its Workforce Following the Controversial Exit of Its CEO
Stability AI has initiated a round of layoffs following the departure of its former CEO, Emad Mostaque...
China Slams US Probe Targeting Beijing's Logistic, Maritime, and Shipbuilding Industry
A spokesperson for China's Ministry of Commerce (MOFCOM) said the US petition against its maritime, logistics, and shipbuilding sectors is full of baseless allegations that impede trade and investment..
Australia: March Employment Falls Short as Jobless Rate Continues to Climb
Australia's employment fell in March following a big surge in February...
Disneyland Cast Members Move One Step Closer to Unionizing as They File for Union Vote
Disneyland cast members who work in the shows, parades, and visitor me...
Latest News
AI Transparency Bill: Artificial Intelligence Companies Urged to Reveal Use of Copyrighted Material for Generative Tools
With the increasing integration of generative artificial intelligence tools into the entertainment sector, a bill was endorsed to mandate AI companies to be more transparent.
South Korea to Invest Nearly $7 Billion in AI to Maintain Semiconductor Chips Dominance
South Korea's President Yoon Suk Yeol said the government will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) by 2027 in a bid to maintain its global dominance in semiconducto
US Treasury Warns Against Growing Use of Virtual Currencies by Terrorist Groups
The US Treasury Department has expressed concerns about the growing use of virtual currencies and other digital assets by terrorist groups unless Congress enacts new regulatory measures.
Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report
Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries.
Ripple CEO Predicts Crypto Market to Double in Size to $5 Trillion by End of the Year
Ripple CEO Brad Garlinghouse said the cryptocurrency market is poised for significant growth this year.
Norway Labor Unions Successfully Negotiated a 5.2% Wage Increase, Avoiding Major Strike
Labor unions and employers in Norway have successfully negotiated a 5.2% wage increase.
Dutch Government Set to Comply With US Demands on Chip Exports to China
The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.
Justin Trudeau Announces $1.8 Billion Investment Package to Boost Canada's AI Sector
Much of the investment is directed towards improving Canada's computing and technology infrastructure, which will benefit AI researchers and startups.
Russian Nuclear Company Rosatom Accuses Ukraine of Attacking Zaporizhzhia Plant
Russian nuclear power corporation Rosatom accused Ukraine of attacking the Zaporizhzhia plant.
