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Meta platforms ceo mark zuckerberg got $12.5 billion richer yesterday

It was literally raining billions, of dollars that is, for one lucky tech chief on Thursday....

February 3, 2023, 5:33 am

Us is spending record amounts servicing its national debt – interest rate hikes add billions to the cost

By Gerald P. Dwyer, Clemson University Consumers and businesses aren’t the only ones feeling the pain of higher borrowing costs because of Federal R...

February 2, 2023, 10:10 am

Watchdog signals alarm on $5.4 billion of potentially fraudulent pandemic loans

The Pandemic Response Accountability Committee—or PRAC—has identified billions of dollars in potent...

February 2, 2023, 3:29 am

U.s. investors have plowed billions into china's ai sector, report shows

U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial intellig...

February 1, 2023, 5:37 pm

Elon musk's tesla tweet trial delves into investor damages

An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of doll...

February 1, 2023, 3:54 am

Johnson & johnson's reported bankruptcy tactic blocked by us appeal court

Johnson & Johnson (NYSE:JNJ)'s (J&J) bankruptcy petition has reportedly been dismissed by a US appeals court, dealing a blow to the healthcare giant'...

January 31, 2023, 4:08 am

Ubs posts better-than-expected profit, as wealth-management unit brings in $23.3 billion in new client money

UBS Group AG on Tuesday reported a surprise rise in fourth-quarter profit as its wealth-management arm attracted ...

January 31, 2023, 1:22 am

Dow jones newswires: adani shares mixed after 413-page response to hindenburg

The stock moves Monday came hours after Adani Group released its lengthy response to Hindenburg, whose allegations of wrongdoing last week led to mark...

January 30, 2023, 6:42 am

Chatgpt spotlights microsoft's bid to monetize ai

The company has pledged billions of dollars more for OpenAI, the company behind the chatbot....

January 29, 2023, 5:30 am

Totalenergies exposed to alleged adani fraud via joint ventures worth billions

French oil giant is comfortable with its due diligence on Adani....

January 27, 2023, 4:06 pm

Intel: the dividend may be in danger

Intel reported quarterly results that were abysmal. The company is losing market share, margins keep declining, and Intel is burning through ...

January 26, 2023, 10:29 pm

The best traders in the world make mistakes

If you think that experienced traders don’t make rookie mistakes, think again. I remember Stanley Druckenmiller, one of the best global macro tra...

January 26, 2023, 8:48 am

Google finally drops the hammer

Google finally announced major job cuts of 12,000 employees, but the tech giant only cut the employees added during Q3 alone. The company will cut ...

January 25, 2023, 1:10 pm

Microsoft's $10b ai bet may not boost bing

A $10 billion investment is a lot of money to spend playing a game of catch-up. As reported earlier this week, Microsoft is investing ...

January 25, 2023, 12:24 pm

Microsoft, alphabet cry poor right before making $32.8 billion

It might seem like giant tech S&P 500 companies are in dire straits. But they're on the verge of making billio...

January 24, 2023, 8:00 am

Elon musk's trial over his tesla 'funding-secured' tweets is underway. here's everything you need to know about the case.

The civil lawsuit is seeking unspecified damages, but the investors said the tweets cost them "billions."...

January 24, 2023, 5:23 am

Microsoft will invest $10b in chatgpt firm openai

Microsoft is investing billions in OpenAI amid increased Big Tech interest in artificial intelligence (...

January 23, 2023, 1:23 pm

Microsoft planning to invest billions in controversial chatgpt creator

OpenAI's free writing tool ChatGPT launched on Nov. 30 and has brought public attention to the possibilities of new advances in AI....

January 23, 2023, 12:11 pm

Microsoft invests billions in chatgpt-maker openai

Microsoft says it is making a "multiyear, multibillion dollar investment" in the artificial intelligence startup OpenAI, maker of ChatGPT and other to...

January 23, 2023, 10:41 am

Microsoft is backing up the money truck and pouring billions into chatgpt creator openai

OpenAI, the company behind the popular chat bot ChatGPT, said tech giant Microsoft is "extending" their partnership with a new round of investment....

January 23, 2023, 10:04 am


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