Elon Musk, the world's richest person, made a surprising claim against Jeff Bezos, the third-richest person. He said Bezos told people to sell stocks in Musk's companies, Tesla and SpaceX, because Bezos thought Trump would lose the election. Bezos quickly denied this on Musk's social media platform,
Bitcoin, the largest cryptocurrency, has been struggling to break the $100, 000 mark after a rapid post-election rise. The cryptocurrency surged over 40% since the U. S. election, driven partly by pro-crypto comments from President Donald Trump. Bitcoin hit a new high of over $99, 000 last week but
Walmart is tweaking its diversity, equity, and inclusion (DEI) policies, joining other big companies that have paused what some call "woke" initiatives. Filmmaker Robby Starbuck, known for his campaigns against such policies, had a chat with Walmart's top brass. He shared that instead of conflict, t
Imagine you're a barista at Starbucks, eagerly checking your schedule for the week. But hold on, something's not right. Your usual platform to view and manage your shifts is down. Why? A ransomware attack has hit one of Starbucks' software vendors, causing a major hiccup. Starbucks is working hard
Entrepreneurship is a big deal when it comes to growing economies, but how does it connect with broader aspects beyond just making money? This study takes a close look at how human development and entrepreneurship go hand in hand, and the role that a country’s environment plays in shaping entreprene
Imagine this: Macy’s just found out someone hid up to $154 million in expenses over the last few years. This mistake was made by a single employee, now gone, who was in charge of accounting for small package delivery costs. The company found out while preparing quarterly results, which showed sales
In a Virginia court, Google is defending itself from the U. S. Department of Justice's claim that its ad tech business is a monopoly. Judge Leonie Brinkema will decide the case by the end of the year. The Justice Department wants Google to sell parts of its ad tech, which earns billions yearly. Both
San Francisco's soon-to-be mayor, Daniel Lurie, has started seeking help from tech giants and business leaders to give his city a much-needed facelift. Among his advisors are OpenAI's Sam Altman and former Twitter CFO Ned Segal. The tech heir, who also founded Tipping Point, aims to make San Francis
Rumble, a video platform with a conservative following, is making headlines for its bold new treasury strategy. The company recently announced that it'll allocate a portion of its excess cash to buy bitcoin, with a cap of $20 million. This move isn't surprising, given the growing interest in cryptoc
The digital economy's growth in China has led to significant job polarization. This means there are more high-skilled and low-skilled jobs, with fewer mid-skilled ones. Researchers have analyzed provincial data from 2010 to 2020 to understand why this happens. They used a method called fuzzy set qua
