Zimbabwe's central bank has taken a significant step to address the issue of high inflation by launching a new gold-backed currency known as ZiG. This move marks the sixth attempt by the African nation to establish a stable currency since the year 2008. The primary objective is to transition away from the multi-currency system that currently relies heavily on the US dollar. Challenges with … [Read more...]

Tesla, once the reigning king of EVs, is facing a decline while Elon Musk redirects his attention towards revamping X back into Twitter. Challenges Faced by Tesla This year, Tesla has been experiencing a decrease in demand for electric vehicles along with mounting pressures in the Chinese market. Analysts, even the most optimistic ones, have described the company's performance in the last … [Read more...]

A new closed-end fund that offers investors access to private tech firms like SpaceX and OpenAI has seen a remarkable surge in market value, skyrocketing as much as 818% within just two weeks of its debut. Unveiling the Destiny Tech100 Fund Phenomenon The Destiny Tech100 fund, listed on the New York Stock Exchange on March 26, has defied expectations by reaching a market value of $825 million. … [Read more...]

Renowned hedge fund manager David Einhorn made a significant impact on the market by promoting his investment in a Belgian chemicals company, resulting in an impressive 18% surge in the stock price. David Einhorn's Endorsement at Sohn Conference During the Sohn Conference, David Einhorn highlighted Solvay as one of his top five picks in his investment portfolio. He emphasized the … [Read more...]

As a tech recruiter with 19 years of experience at companies like Google, I've gathered valuable insights on the questions candidates should ask at the end of an interview. These questions can help you stand out and show your genuine interest in the role and company. Here are the top 4 questions you should consider asking: 1. Inquire About Your Future Team One crucial question to ask is … [Read more...]

Elon Musk has revisited his evaluation of the potential risks associated with Artificial Intelligence (AI) and expressed concerns about the probability of AI posing a threat to humanity. Despite estimating a 10-20% likelihood of AI causing harm, Musk advocates for its development. Reassessing the Risk: A Closer Look During a recent seminar, Musk shared his updated perspective on AI's impact, … [Read more...]

Elon Musk, the renowned CEO of Tesla, is a prominent figure in the business world. Apart from leading Tesla, he is also a co-founder of several other major companies, including SpaceX. Early Life and Background Elon Musk was born on June 28, 1971, in Pretoria, South Africa. His mother, Maye Musk, is a distinguished professional dietitian and model who has graced the covers of prominent magazines … [Read more...]

Apple has taken legal action against a former employee for leaking confidential information, which included details about products he disapproved of, from his company-issued iPhone. Apple's Allegations In a complaint filed on March 18 in a California court, Apple accused former software engineer Andrew Aude of sharing information regarding projects such as Apple's Journal app and the … [Read more...]

Russian President Vladimir Putin has declared that Western air bases accommodating Ukraine's F-16 fighter jets will be considered 'legitimate' targets by Kremlin forces. This statement comes amidst escalating tensions in the region. Putin's Warning and Justification Putin emphasized that F-16s have the capability of carrying nuclear weapons, necessitating strategic considerations … [Read more...]

The recent Baltimore bridge collapse has sent shockwaves through the cruise industry, forcing major players like Carnival to make swift adjustments to minimize disruptions. Carnival's Response to the Crisis Carnival, the world's largest cruise company, is bracing for a minimal impact on its operations due to the bridge collapse. CEO Josh Weinstein assured stakeholders during an earnings … [Read more...]