After Twitter, OpenAI’s Up Next for Tesla CEO Elon Musk
Elon Musk, CEO of Tesla and the world’s wealthiest individual, has proposed a $97.4 billion offer to acquire OpenAI. This move intensifies the ongoing power conflict between Musk and OpenAI’s CEO, Sam Altman, regarding the future of technology. The consortium making the offer includes Musk’s xAI, investment firm Vy Capital, and Hollywood mogul Ari Emanuel. …
ABHYUDAYA MITTAL
American Financial Watchdogs Ordered to Cease Activities
Employees of the Consumer Financial Protection Bureau were instructed to cease all of their operations and all stakeholder engagement effective immediately after receiving an email from the director of the Office of the Management and Budget, Russell Vought, on Saturday evening. Russell Vought was also named to lead the Office of Management and Budget, and…
Vipin
Google Scraps its Diversity-Based Hiring Project
In January, the owner company of the biggest social media platforms in the world, Meta, announced that it would be ending its DEI programs, including the ones for hiring, training and picking suppliers. They announced an internal memo. After this move by Meta, Alphabet’s Google was quick to follow suit and announced that it would…
Sumit
Talos Energy to Name Paul Goodfellow their New CEO
Talos Energy, the fifth-largest oil and natural gas producer in the USA, is about to appoint its new CEO. According to Mint and its sources, the company is expected to name veteran Shell executive Paul Goodfellow as its next CEO. The sources say Goodfellow, the chief internal auditor at Shell, will be appointed as soon…
Suryansh
The UMG and Spotify Makes a Deal for Streaming Rights
Universal Music Group (UMG), the biggest music label in the world, and the Swedish streaming giant Spotify have signed a new long-term deal for the streaming rights of music made under the UMG label. The company said in a statement on Sunday that this agreement allows Spotify to use UMG’s music and publishing rights in…
Shipra Prajapati
10 Leadership Philosophy Examples: Lead Towards Success
A leadership philosophy refers to a set of values, beliefs, and principles shaping how a leader leads others. Learning about different philosophies will help you determine which leadership style suits you best. This will ultimately make you a better leader by recognizing your weaknesses and helping you to work on them. Here, we are discussing…
Nippon Steel Willing to Offer Veto for Biden’s Approval
Nippon Steel, a Japanese steel giant, has been eyeing a takeover of the US steelmaker, US Steel, for quite some time now. In a last-ditch attempt to get the approval of President Biden before President-Elect Donald Trump takes over office, Nippon Steel is willing to give the US government a veto over any reduction in…
abhinav singh
China Hacked US’ Treasury Department, As Per the Dept.
In a startling revelation, the Biden administration announced on Monday that the Treasury Department of the United States of America had been the target of a state-sponsored attack by a Chinese hacker. The hacker gained access to employees’ workstations and unclassified documents within the department. This comes after several revelations in recent months that China…
AI Momentum to Take Apple to $4 Trillion Valuation
The most valuable company in the world, Apple, is inching ever so closer to the coveted mark of $4 trillion valuation. This is because investors are cheering the long-awaited progress the company is making in AI to rejuvenate their sluggish sales of the iPhone. The company has pulled ahead of the competition, like Microsoft and…
No More Party City! Company Sells All Stores Nationwide
The biggest retailer of party supplies in the US has just announced that it will close all 700 of its retail stores by February 2025. The supply store is known for being the go-to place for Americans to get glittering backdrops for parties, New Year’s Eve celebrations, Super Bowl parties, or any other special occasion. …
Shubham Goyal