Money
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Microsoft’s OpenAI is valued at $80 billion
According to the New York Times, OpenAI, a Microsoft-backed artificial intelligence company, has agreed to a deal worth more than...
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As the UK enters a recession, Rishi Sunak’s economic promises suffer yet another hit
Gross domestic product declined 0.3% in the fourth quarter, above experts' expectations of a 0.1% drop, according to Office for...
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Bitcoin breaks the ice: Market cap climbs back to $1 trillion after two-year freeze
Bitcoin surpassed $51,000 in a broad cryptocurrency rally that saw Ether, the second-largest token, return to where it was when...
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Americans now owe a record-high $1.13 trillion in credit card debt
Americans now owe a total of $1.13 trillion on credit cards, according to a new report on household debt from...
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Jeff Bezos to sell 50 million Amazon shares worth $8.6 billion as stock rises on record profit
Jeff Bezos intends to sell up to 50 million shares of Amazon.com Inc. during the next year, potentially capitalizing on...
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Elon Musk questions if Tesla should relocate its headquarters following a setback in compensation
A judge in the US state of Delaware recently ruled against Tesla CEO Elon Musk's $56 billion salary package, siding...
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A Colorado pastor accused of a $3.2 million cryptocurrency swindle, says ‘I got advise from the Lord’
The pastor of an online church in Colorado, accused of defrauding investors of over $3.2 million (NZ$5 million) using a...
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ETFs for Bitcoin surpass silver, now trail only gold – the new digital gold?
It appears that Bitcoin is known as 'digital gold' for a reason. It is presently second only to gold among...
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Coinbase vs. SEC explained: Crypto exchange giant and SEC clash in federal court over crypto securities
A federal judge in Manhattan grilled Coinbase and the US securities regulator on Wednesday about their opposing views on whether...
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