Russia's Tech Imports for Weapons Russia continues to import foreign electronics for its weapons, including a significant amount from the US, according to a joint report. Despite sanctions, nearly $9 billion worth of tech was imported for Russian weapons, with components from companies like Intel and AMD found in their military arsenal. Sanctions Dodging and Import Statistics Despite … [Read more...]

Elliott Investment Management's Stake in Match Group According to a report by The Wall Street Journal, activist investor Elliott Investment Management has built a $1 billion stake in Match Group, the company that owns Tinder and Hinge. The move is aimed at revitalizing Match's declining stock price. Reviving Match's Stock Price Match Group, the owner of popular dating apps Tinder and … [Read more...]

Elon Musk recently discussed his decision to ban a Hamas-linked account on his platform, X, stating that it was a tough call to make. The account in question, with the handle "qassam2024," was associated with Hamas' military wing. Musk's decision to suspend the account was met with criticism from some users who accused him of contradicting his own principles of free speech. Musk … [Read more...]

Anonymous Sudan Claims Responsibility for ChatGPT Outages The recent outage of ChatGPT may have been the result of a targeted attack by hacker group Anonymous Sudan. The group has claimed responsibility for the outages and has stated that it will continue its efforts until ChatGPT ceases its "dehumanizing views of Palestinians" on the messaging platform Telegram. Possible Connection to … [Read more...]

Recall Raises Questions About Safety of Tesla's Autopilot Technology After issuing a recall this week on 2 million vehicles equipped with its autopilot technology, plaintiffs in lawsuits against Tesla argue the move proves the automaker knew its self-driving technology was dangerous when it was sent to market, according to a new report from Bloomberg. Background: Crashes and Lawsuits Tesla … [Read more...]

Antitrust Case Ruling Google recently lost an antitrust case against Epic Games, the owner of popular game Fortnite. As a result, a judge will now determine the necessary actions for Google to eliminate its monopoly. However, Tim Sweeney, the CEO of Epic Games, has expressed concerns that Google may continue its business practices unaffected. The Lawsuit and Google's Fees Epic Games filed a … [Read more...]

Concerns Over Elon Musk's Drug Use A former director at Tesla was so concerned about Elon Musk's drug use and unpredictable behavior that she chose not to stand for reelection to the electric car company's board, according to a new report from The Wall Street Journal. Linda Johnson Rice, who served a two-year term on the board ending in 2019, confided in Tesla board members about her … [Read more...]

The DEI Debate: What's Next for Diversity, Equity, and Inclusion? Billionaires and business leaders are engaged in a heated argument over the existence of diversity, equity, and inclusion (DEI) efforts. Investor Bill Ackman and Elon Musk have gone so far as to label these programs as "racist." However, experts argue that DEI is crucial for the success of companies and that these … [Read more...]

Mega-cap Tech Stocks Drive Market Gains Mega-cap tech stocks took the lead in the market on Monday, propelling the Dow Jones to yet another all-time high. Investors are closely monitoring interest rates following the Federal Reserve's recent shift towards a more dovish stance. With hopes of an imminent rate cut, stocks are coming off seven consecutive weeks of gains. Mega-cap Tech Stocks … [Read more...]

Amazon Workers in Coventry Go on Strike on Black Friday According to a report by The Guardian, workers at an Amazon warehouse in Coventry were informed that they could write a letter to Peccy, the company's orange blob mascot, during the holiday season. The initiative aimed to address financial hardships faced by employees, with a select few having their wishes fulfilled. However, the move … [Read more...]