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Despite the fact that billionaire Larry Ellison is providing a personal guarantee in support of the media giant’s offer, it is predicted that Warner Bros. Discovery would decline the updated hostile bid of $108.4 billion that was submitted by Paramount
X Boosts Creator Earnings to Rival YouTube
Billionaire and X owner Elon Musk on Tuesday proposed a possible rise in payouts for creators to enhance competition with YouTube, recognizing previously that content creators are underpaid. Musk’s remarks were in response to a post on X that called
Prior to President Trump’s return to the White House in January, the leading figures of the tech industry made significant efforts to gain his favor through inauguration donations and visits to Mar-a-Lago. Upon taking office, Trump vowed to persist in
Upon reaching his teenage years, David Ellison received a rather unique gift from his father, Larry, for his 13th birthday: a Katana stunt plane of his very own. The two had shared minimal significant moments together. With their own aircraft,
Nvidia Strikes $20 Billion AI Deal with Groq
Nvidia has reached an agreement to acquire essential assets from Groq, a startup specializing in high-performance artificial intelligence accelerator chips, in a cash transaction valued at $20 billion, according to a source. Alex Davis stated that the agreement was reached
Amazon, the US tech giant, has prevented over 1,800 North Koreans from joining its workforce, citing their attempts to secure remote IT positions. North Korea is recognized for dispatching IT workers overseas to generate income and covertly transfer funds back
Mercedes-Benz USA and its parent company Daimler AG have reached a settlement of $149.6 million in response to allegations that the automaker covertly installed devices in hundreds of thousands of vehicles to manipulate emission tests, as announced by a coalition
A report reveals that OpenAI has improved its margins on paid products this year, as it strives to uphold its leading status in the field of artificial intelligence. The publication conveyed that the company enhanced its “compute margin,” an internal
US President Donald Trump declared that nine pharmaceutical companies have consented to reduce the prices of their prescription medications in the United States. Pharmaceutical companies Amgen, Bristol Myers Squibb, Boehringer Ingelheim, Genentech, Gilead Sciences, GSK, Merck, Novartis, and Sanofi will
Elon Musk, already the world’s richest man, achieved another significant victory when the Delaware Supreme Court overturned a decision that had denied him a $55 billion pay package that Tesla awarded in 2018 as an incentive for its CEO to