News
Elon Musk becomes first person worth US$700 billion following pay package ruling
TESLA CEO Elon Musk’s net worth surged to US$749 billion late Friday (Dec 19) after the Delaware Supreme Court reinstated Tesla stock options worth US$139 billion that were voided...
TikTok creators welcome deal to keep app in the U.S.
Only a few years ago, Keith Lee was a professional MMA fighter, doing food delivery and making social media videos to ease his social anxiety.On Thursday night, however, Lee...
CEO of 7-Eleven US retires as company undergoes broader revamp
US CONVENIENCE store chain 7-Eleven said its chief executive will retire at the end of this month, as Japanese parent Seven & i Holdings seeks a turnaround of the...
Musk wins US court appeal of US$56 billion Tesla pay package
A DELEWARE appeals court cleared the way Friday for tech CEO Elon Musk to receive a long-contested US$56 billion Tesla pay package, reversing an earlier judgment in the long-running...
US stocks: Nasdaq rallies again while yen falls despite BOJ rate hike
RESURGENT artificial intelligence shares lifted the Nasdaq on Friday for a second straight session while the yen retreated despite a Bank of Japan interest rate hike.The tech-forward Nasdaq piled...
Oil posts second weekly decline as glut concerns dominate
OIL declined for a second week as concerns over a growing glut outweighed geopolitical risks to supply. West Texas Intermediate gained 0.9 per cent to settle above US$56 a barrel...
Why is Trump’s media company getting involved with nuclear power?
President Trump’s media company is merging with a nuclear fusion energy firm in a $6-billion deal aimed at generating more power amid growing demand from power-hungry artificial intelligence data...
They graduated from Stanford. Due to AI, they can’t find a job
A Stanford software engineering degree used to be a golden ticket. Artificial intelligence has devalued it to bronze, recent graduates say. The elite students are shocked by the lack...
The Chinese-made DJI drones used by US police face a MAGA-fuelled reckoning
If DJI fails to get FCC clearance by Christmas, it could join Huawei and ZTE on the agency’s list[WASHINGTON] President Donald Trump’s administration faces a Tuesday (Dec 23) deadline...
Trump praises Fed Governor Waller as ‘great’ after interview for Fed Chair
[WASHINGTON] US President Donald Trump said on Thursday he interviewed Federal Reserve Governor Christopher Waller a day earlier as a candidate to succeed Jerome Powell as Fed chair, praising him as...
