Finance & Business
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Spotify CEO’s $6.7 Billion Fortune Surpasses Music Legends Like Taylor Swift and Jay-Z
Daniel Ek, co-founder and CEO of Spotify, has amassed a fortune of $6.7 billion, making him wealthier than any musician in history, according...
Spotify Execs Sell $1.25 Billion in Stock as Valuation Skyrockets
Spotify executives and board members have sold approximately $1.25 billion worth of stock in 2024, as reported by the Financial Times, based on...
Stocks of ‘Squid Game’ Investors Plunge After Season 2 Premiere
The debut of Netflix’s highly anticipated Squid Game season 2 has led to a sharp decline in shares of South Korean companies tied...
AI Job Market Set to Skyrocket in 2025
As artificial intelligence continues to evolve, the demand for AI skills is expected to soar in 2025. With both tech and non-tech firms...
Apple Nears $4 Trillion Valuation, Driven by AI and iPhone Supercycle
Apple is on the brink of achieving a historic $4 trillion market valuation, with investors increasingly optimistic about the company’s AI advancements and...
European Butter Prices Hit Hard ― Poland and Slovakia See Sharp Increases
As Christmas approaches, Europeans are grappling with soaring butter prices, which have risen by an average of 19% from October 2023 to October...
How Matthew Tesvich Turned Smelly Feet Into a Million-Dollar Business
Matthew Tesvich, a 23-year-old graduate from the University of Georgia’s Terry College of Business, has created a successful e-commerce business, SKUNK SKIN, which...
Zelle and Three Major Banks Sued for Failing to Prevent Fraud
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Zelle and its parent banks — Wells Fargo, Bank of America, and...
Frank McCourt Seeks CEO for TikTok, Prepares Major Overhaul
U.S. billionaire Frank McCourt is working on a major plan to bid for TikTok, the popular video app owned by Chinese tech company...
QBTS Sees Massive 500% Stock Growth – Here’s Why
D-Wave Quantum (NYSE: QBTS), a leading quantum computing company, has seen its stock price skyrocket by 500% in the past month. The surge...
Apple Pay Launches in Egypt with Three Partner Banks
Apple has officially introduced Apple Pay in Egypt, marking a significant expansion of its global contactless payment system. The company’s Egyptian website was...
What You Need to Know About the IRS’ New Rules for Third-Party Payment Apps
The IRS has confirmed new rules for users of third-party payment apps like PayPal, Venmo, Cash App, and Zelle. Starting in 2024, if...
What it Takes to Reach the Top 1% in Income — Where You Stand
To be in the top 1% of earners in the U.S., Americans need nearly $800,000 in income, but the required amount varies greatly...
Gen Z’s Financial Expectations: $600K Salary, $9M Net Worth
A new survey by Empower reveals Generation Z—those born between 1997 and 2012—believes financial success requires an annual salary of nearly $600,000 and...
Meta Plans $10 Billion Subsea Cable to Span the Globe
Meta, the parent company of Facebook, Instagram, and WhatsApp, is reportedly planning to build a groundbreaking fiber-optic subsea cable spanning over 40,000 kilometers....
OpenAI Faces Massive Lawsuit from Canadian News Companies
Several major Canadian news organizations have filed a lawsuit against OpenAI, the company behind ChatGPT, claiming the AI company used their articles without...
CD Projekt Reports 49% Drop in Q3 Sales, but Cyberpunk and Witcher Thriving
CD Projekt’s sales revenue took a significant hit in Q3 2024, plunging by 49% year-on-year, dropping from €102.7 million ($107.5m) to €52.8 million...
Kadokawa Ready for Full Acquisition Deal with Sony, Talks Progressing
FromSoftware’s parent company, Kadokawa Corporation, has announced its openness to a full acquisition deal with Sony, pending further discussions. The two companies have...
BBVA Expands ChatGPT Use Amid Integration Challenges
Six months after adopting ChatGPT Enterprise, Madrid-based bank BBVA is optimistic about the tool’s potential. Early results show productivity gains, with 80% of...
DOJ Demands Google Sell Chrome to Break Monopoly
The U.S. Department of Justice has proposed that Google sell its Chrome browser as part of a strategy to break up the company’s...
SoftBank Invests $1.5 Billion in OpenAI, Allowing Employees to Cash Out
SoftBank has made a significant $1.5 billion investment in OpenAI through a new tender offer. This deal allows OpenAI employees and former staff...
Qualcomm Snapdragon X Laptops Struggling in the Global Market
Despite its high-tech ambitions, Qualcomm’s Snapdragon X laptops are struggling to gain traction in the PC market. Since their launch, less than 720,000...
AI Voice Cloning Company PlayAI Raises $21M to Expand Voice Tech
Back in 2016, Hammad Syed and Mahmoud Felfel, a former WhatsApp engineer, had an idea to create a text-to-speech Chrome extension for reading...
Nintendo’s Palworld Lawsuit Faces a Curveball from a GTA 5 Pokémon Mod
Palworld developer Pocketpair is facing a lawsuit from Nintendo and The Pokémon Company, accusing the game of infringing three patents related to Pokémon...
Arcane Showrunner Reflects on $250 Million Budget Risk and Its Success
Netflix’s Arcane, based on League of Legends, has become a standout hit thanks to its stunning animation, rich storytelling, and well-crafted characters. However,...
Music Copyright Industry Sees 11% Growth, Reaching $45.5 Billion
The global music copyright industry saw a significant boost in 2023, with its value soaring to $45.5 billion, an 11% increase from the...
Music Industry Revenues Hit $45.5 Billion, Surpassing Cinema
Global music industry revenues reached $45.5 billion in 2023, surpassing cinema’s pre-pandemic peak of $41.9 billion in 2019. This growth is driven by...
Take-Two Confirms Fall 2025 Release for GTA 6 & More
Take-Two Interactive recently concluded its earnings call, revealing significant insights into the future of its flagship titles, particularly the highly anticipated Grand Theft Auto...
Elon Musk’s Virtual Empire: The Telegram Game Taking Crypto by Storm
Move over, Flappy Bird! There’s a new addictive game in town, and it’s all about building your very own Elon Musk empire. “Musk...
Raspberry Pi Goes Public, IPO & Future Plans Revealed
Raspberry Pi, the renowned British minicomputer manufacturer, has made a significant move by filing for an initial public offering (IPO) on the UK...
