According to reports, Goldman Sachs will lay off hundreds of employees. According to sources, the layoffs at the financial investment firm could begin as soon as next week and affect employees across the board. Goldman Sachs declined to comment, but did mention lower profits in its July earnings report. “We have made the decision to…
Twitter shareholders overwhelmingly approved Elon Musk’s offer to buy the company for $44 billion. The decision was made during a brief conference call with investors from the company’s headquarters in San Francisco. It means that Twitter will now go to court to force Elon Musk to buy the company. The meeting came after explosive testimony…
VinFast, a Vietnamese automaker, started giving away its first 100 all-electric sport utility vehicles (SUVs) to local customers on Saturday. U.S. deliveries of the vehicle are expected to start as early as December. VinFast, which launched operations in 2019, is preparing to grow in the U.S. market. With its two all-electric SUVs, the VF8 and…
Car owners and police departments across the United States are on high alert after a dangerous challenge involving young teens to steal specific cars off the street using a USB cord began to circulate on TikTok and other social media platforms. Certain makes and models of Kia and Hyundai cars from 2010 to 2021 that use…
According to Saudi media, Netflix was ordered to remove content that they claim “violates Islamic and societal values and principles” by Saudi Arabia and five other Gulf Arab nations. The statement claimed that the streaming behemoth’s content violated legal requirements, but it made no mention of which specific subjects or programs were in violation. But…
Following a decline in stock markets around the world and the continued strength of the US dollar, Bitcoin traded below $19,000 on Wednesday morning, reaching its lowest level since June. Due to a sell-off in all digital coins, the market value for all cryptocurrencies also decreased below $1 trillion. According to Coin Metrics, Bitcoin was…
The new lineup of iPhone 14 models and Apple Watches that Apple Inc. is expected to introduce on Wednesday will test how willing consumers are to upgrade technology in the face of inflation and economic doom. At an event dubbed “Far Out” at its Cupertino, California, headquarters, analysts anticipate Apple to reveal that the most…
Vaping company Juul Labs, which has become one of the top e-cigarette companies in the US, will pay $438.5 million to settle an investigation into its marketing to minors. Juul’s marketing is also constrained by the agreement with more than 30 states, for example by prohibiting the use of people under the age of 35…
Following an investigation into the social network Instagram’s handling of children’s data, Ireland’s data privacy regulator has agreed to levy a record fine of 405 million euros ($402 million), according to a spokesperson for the watchdog. Instagram intends to appeal the fine, according to an emailed statement from parent company Meta Platforms Inc. The investigation,…
Bitcoin has often been labelled as the king of the swingers because of its high volatility and very sudden extreme swings in its value. However, the largest and arguably the most volatile cryptocurrency of the world has been trading for days at around $20,000 and has not gone much higher than that since June. This is bad news…
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