•
Former Tesla executive Drew Baglino sold shares worth $181.5 million just days after announcing his departure from the electric vehicle company amid recent staff layoffs and declining first-quarter revenue, according to a filing with the SEC. The sale follows two earlier transactions this year in which he unloaded around $4m of stock options each…
•
During an interview with NBC News’ Kristen Welker following the Supreme Court hearing on former President Donald Trump’s claims of absolute immunity from criminal prosecution while in office, Senate Minority Leader Mitch McConnell stood by his previous statements that presidents should not have such unlimited protection. However, he also clarified that ultimately it is…
•
As India rolls out new policies aimed at boosting its position in Electric Vehicle (EV) manufacturing, the country’s secretary of Department of Promotion of Industry and Internal Trade has expressed confidence that these measures will attract more global players to the market. Rajesh Kumar Singh told CNBC last month’s initiatives would offer concessional tariffs…
•
Supermodel Gisele Bündchen broke down in tears during a recent police encounter after attempting to evade paparazzi. The Brazilian beauty told the officer that she was being followed by photographers and pleaded with him, saying “Nothing protects me.” Despite acknowledging who Bündchen is and empathising with her situation, he advised her that there’s nothing…
•
As more companies incorporate human-like generative artificial intelligence (AI) features into their products following the popularity of OpenAI’s ChatGPT chatbot, Microsoft has revealed that it currently faces an excess in demand for AI infrastructure. In a recent earnings report, CFO Amy Hood confirmed this shortage during a call with analysts, stating that “we do…
•
The University of Southern California (USC) has cancelled its main commencement ceremony for graduating students in 2024 due to increased safety measures, following disruptions caused by anti-Israel protests on campus. Critics have criticised the decision as “brutal” and a result of caving into “campus terrorists”. USC had earlier faced backlash when it prevented valedictorian…
•
Alphabet announced its inaugural dividend of 20 cents per share. The tech giant’s board also authorized the repurchase of up to $70 billion in stock. This move follows Meta’s decision to introduce a first-ever dividend back in February. As of March 31st, 2024, Alphabet had an impressive cash and marketable securities balance of $108…
•
As Alphabet released its earnings report on Thursday amid concerns over the expansion of its core advertising business, the tech giant managed to surpass analyst expectations. The company reported a 15% revenue growth in Q1, marking its fastest rate since early 2022, and search had broad-based growth despite growing fears around generative AI’s potential…
•
Mama Kelce Praises Taylor Swift’s New Album, Calling It “Some of Her Best Work” During QVC Summit Interview: The mother-in-law to Swift’s boyfriend Travis Kelce revealed her thoughts on the singer’s latest release at a recent event hosted by QVC in Las Vegas. Donna Kelce shared that while she didn’t stay up late for…
•
House Speaker Mike Johnson calls out Rep. Ilhan Omar for her criticism of his visit to Columbia University during anti-Israel protests, stating that it is “absolutely absurd” as Jewish students at the Ivy League school express fears for their safety. Johnson highlights the need for universities to hold students accountable and protect them on…