Son's Vision Soars As SoftBank Stock Hits Record High After Tech Slump
SoftBank stock soars to record highs, fueled by a strategic shift towards AI and the successful IPO of chip designer Arm. Founder Masayoshi Son reemerges with a bold vision for the future, but will SoftBank's AI gamble pay off or is this just another boom-and-bust cycle?
Jul 05, 2024 11:56 AM EDT
![Son's Vision Soars As SoftBank Stock Hits Record High After Tech Slump](https://1695419552.rsc.cdn77.org/data/images/full/17045/sons-vision-soars-as-softbank-stock-hits-record-high-after-tech-slump.jpg)
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Labour Government's Trade Policy Shifts Threaten US, EU, and China Economic Alliances
Labour Government's trade policy shifts under Keir Starmer threaten UK's economic alliances with the US, EU, and China.
![DC Faces Millions in Fines for Errors in Distributing Food Assistance](https://1695419552.rsc.cdn77.org/data/images/full/17041/dc-faces-millions-in-fines-for-errors-in-distributing-food-assistance.jpg)
DC Faces Millions in Fines for Errors in Distributing Food Assistance
Washington D.C. faces a $4.4 million fine for errors in distributing SNAP benefits. This is the second year in a row with high error rates, leaving families struggling with food insecurity. The overwhelmed D.C. Access System is blamed, but the USDA offers a chance to reinvest the fine for improvements.
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Financial Concerns Drive Gen Z and Millennials to Opt for Quiet July 4th Vacations
Gen Z and Millennials are opting for "quiet vacations" this Fourth of July. Soaring travel costs and pressure to be "always on" are driving this trend. But is quiet vacationing a symptom of a broken PTO culture?
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Can Amazon CEO Jeff Bezos Go Bankrupt? Expert Says Yes!
Here are the reasons why Amazon could end up bankrupt.
Dec 14, 2020 02:00 PM EST
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Report: Tesla Model S, X to Suspend Production, Forcing Workers to Take Unpaid Take Off Work
Tesla will suspend Model S and Model X vehicles production for 18 days starting in late December.
Dec 14, 2020 09:12 AM EST
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PayPal New Charge: How to Avoid Paying?
Paypal introduces a $12.8 "dormant fee" for its users whose account has been inactive for at least one year but still has their money left in their account.
Dec 14, 2020 11:00 AM EST
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Reddit Buys Dubsmash in Bid to Compete with Rival TikTok
Reddit buys TikTok's rival Dubsmash and becomes the latest company expanding in a space dominated by the Chinese-owned company.
Dec 14, 2020 04:52 AM EST
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Disney Pushes Market Cap to Over $310 Billion as It Accelerates Global Direct-to-Consumer Streaming
Disney stock trades at an all-time high of 12.4% or $173.84, pushing its market value to more than $310 billion.
Dec 14, 2020 10:20 AM EST
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Hyundai Buys Majority of Boston Dynamics, Maker of Acrobatic Robots
Hyundai Motor Group announced it is buying Boston Dynamics' majority stake, the advanced robot maker.
Dec 14, 2020 04:18 AM EST
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$908 Billion COVID-19 Relief Fund "Stuck" Over Party Issues
The COVID-19 relief negotiation is again stuck with Democrats and Republicans divided on a possible deal's scope and size.
Dec 11, 2020 08:12 AM EST
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Messenger Down: Was Cause Related to Facebook's Antitrust Case?
Thousands of users reportedly had a problem with Facebook, Messenger, and Instagram for four hours. Is this something to do with the tech giant's antitrust case?
Dec 11, 2020 05:25 AM EST
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The Vital Role of Online Grocery Shopping
Online grocery shopping skyrocketed due to people's decision to minimize close interpersonal contact with strangers.
Dec 10, 2020 03:00 PM EST
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Monulparivir: New "Powerful" COVID-19 Drug Starts its Human Trials
A new oral drug, Monulparivir, which completely suppresses COVID-19 transmission within 24 hours is in Phase II/III of human trials.
Dec 10, 2020 06:43 AM EST
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FACT-CHECK: Will There be Tesla-Apple Self-Driving Car Soon?
Tesla and Apple are two of the most famous tech companies in the world. But, is it true that both companies will produce self-driving cars soon?
Dec 10, 2020 03:55 AM EST
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FDA Grants Priority Tag to Pfizer Pneumococcal Vaccine, Company Could Gain Billions in Revenue
Pfizer Inc. announced that the Food and Drug Association (FDA) granted priority review to its biologics license application that seeks approval for its 20-valent pneumococcal conjugate vaccines for adults amid company's stock shares soar.
Dec 09, 2020 04:20 PM EST