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Elon Musk Aims for Increased Influence Over Tesla, Pursues 25% Voting Authority
Elon Musk, the CEO of Tesla and SpaceX, as well as the owner of the social network X (formerly Twitter), expressed his desire on Monday to secure approximately 25% of the voting control…
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Boeing Implements Enhanced Quality Inspections for 737 MAX
Boeing is conducting a thorough review of the 737 MAX following the latest crash involving the Alaska Airlines MAX 9. Boeing Commercial Airplanes President Stan Deal announced the…
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IMF Issues Warning: Artificial Intelligence Expected to Impact Nearly 40% of Global Jobs,…
The International Monetary Fund has warned that around 40 percent of the world's jobs will be affected by the increase in skills. High-income economies face greater challenges than…
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Amid Rising Demand Concerns, Apple Extends Rare iPhone Discount in China
Apple has announced rare discounts on its new iPhones in China, with discounts of up to 500 yuan ($70) on the iPhone 15 series, including the high-end iPhone 15 Pro Max. The measure,…
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Alaska Airlines Initiates Initial Inspections for Approximately 20 Boeing 737-9 MAX Aircraft
Alaska Airlines (ALK.N) announced Saturday that it began preliminary inspections of some Boeing 737-9 MAX aircraft over the weekend and plans to inspect as many as 20 aircraft. In…
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Microsoft Surpasses Apple to Become the World’s Highest-Valued Public Company
Microsoft, which has trailed Apple for much of the last decade, is now the world's most valuable publicly traded company as of Friday's close.
Microsoft shares (MSFT) closed at $338.47…
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NASA and Lockheed Unveil X-59, the ‘Quiet Supersonic’ Jet
NASA has unveiled a quiet supersonic aircraft as part of its plan to achieve commercial supersonic flight. Launched in conjunction with the Lockheed Martin Skunk Project in Palmdale,…
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Citigroup Implements CEO Jane Fraser’s Corporate Restructuring, Slashing 10% of Workforce.
Citigroup CFO Mark Mason announced on Friday that the company will undergo significant downsizing and plans to lay off 20,000 workers over the next two years. The decision follows…
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Google Cuts Hundreds of Jobs in Assistant, Hardware, and Engineering Teams
On Wednesday, Alphabet's unit Google announced layoffs affecting multiple teams, including its voice, hardware (Pixel, Nest, and Fitbit), and augmented reality (AR) divisions. Fitbit…
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VinFast, Vietnam’s Electric Vehicle Manufacturer, to Invest $2 Billion in India
Vietnamese energy company VinFast has started planning to set up a $500 million joint venture factory in India. The move targets the world's third-largest automotive industry. A…
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