Business

Tech mogul Elon Musk has made headlines once again, this time by suing OpenAI and its chief executive Sam Altman for breach of contract. The lawsuit, filed last week, comes after Musk cited a paper by researchers and executives at Microsoft regarding the power of GPT-4, an AI system released by OpenAI in March. The paper, titled “Sparks of A.G.I.,” …

Fisker (FSR) Shares Rise on Potential Investments and Turnaround Efforts Fisker (FSR) shares saw a significant uptick in trading following reports of potential investments from Nissan (NSANY) and discussions with original equipment manufacturers (OEMs). This positive news comes after a rough Friday morning for the electric vehicle company, which announced a 15% workforce cut and missed production targets, resulting in …

The Mega Millions jackpot continues to climb, reaching an estimated $607 million for tonight’s drawing. With so much money on the line, players across the country are eagerly awaiting the results. In Tuesday night’s drawing, a lucky player in Florida managed to match all five numbers, winning a cool $1 million. But the big prize is still up for grabs, …

In a shocking turn of events, Elon Musk has filed a lawsuit against OpenAI and its chief executive, Sam Altman, alleging that the organization has veered off course from its original mission of developing artificial intelligence for the greater good. Musk claims that OpenAI, which he co-founded, has prioritized profit and commercial interests over the public good. The lawsuit, filed …

Nvidia Stock Continues Impressive Performance in 2024 Graphics chip manufacturer Nvidia has been on a winning streak, with its stock showing exceptional performance in 2023 and maintaining its momentum into the new year. The company recently reported a staggering 265% year-over-year growth in fiscal fourth-quarter revenue, which has led to a remarkable more than 55% increase in shares year-to-date. Analysts …

Japan’s Nikkei 225 Index Soars to Record High on Strong Corporate Earnings and Weaker Yen The Japanese stock market reached a milestone on Thursday as the Nikkei 225 index surged to an all-time high of 39,029, surpassing its previous record set in 1989. The rally was driven by a strong performance from banking, electronics, and consumer stocks, leading to gains …

The European Commission is reportedly gearing up to levy a hefty fine of around 500 million euros on tech giant Apple for alleged violations of European Union competition laws. This action comes after music streaming service Spotify lodged a complaint against Apple in 2019, claiming that the company’s App Store rules hinder fair competition. Apple’s regulations within the App Store …

In a groundbreaking development in the field of cancer treatment, the FDA has recently given the green light to Amtagvi, a new form of therapy designed for aggressive forms of melanoma. The innovative treatment, developed by Iovance Biotherapeutics and based in San Carlos, Calif., harnesses the power of a patient’s own immune system cells to combat the deadly disease. Unlike …

Starbucks Introduces New Accessible Store Design to Promote Inclusion Washington, D.C. – Starbucks, the renowned coffee chain, has recently revealed an innovative store redesign that focuses on accessibility and inclusion. The first establishment sporting this new design was launched at Union Market in Washington, D.C., offering customers an unparalleled experience with enhanced accessibility features. The store’s layout has been thoughtfully …

Title: Cisco Announces Workforce Reduction Amidst Tech Industry’s Job Cut Surge Word count: 366 Cisco, the global technology conglomerate, has declared its intention to slash approximately 5% of its workforce, resulting in the elimination of roughly 4,250 jobs. This decision comes as several tech companies continue downsizing following the market downturn that occurred two years ago. The beginning of the …