Intel, one of the biggest names in microchips, is in serious trouble. After 56 years of making powerful chips, the company is facing its toughest challenge ever. Here’s what’s happening: Massive Stock Drop: Intel’s stock has taken a huge hit, dropping nearly 60% since the beginning of the year. Things
In a new book by former President Donald Trump, he’s making a dramatic threat against Mark Zuckerberg, the CEO of Meta. Trump’s book, called Save America, isn’t out yet, but a preview was shared with Politico, and it’s causing a stir. Here’s the scoop: Trump claims that Zuckerberg, who runs
India is currently investigating a major tax evasion case involving the UK-based insurance company Aviva, which has been accused of being part of a large-scale conspiracy to evade taxes. Here’s what we know so far: Between 2017 and 2023, Aviva’s Indian branch reportedly paid around $26 million to different vendors,
Chris Pavlovski, the CEO of Rumble, a popular video-sharing site, has made a dramatic exit from Europe. His departure comes in the wake of a high-profile arrest that has sent shockwaves through the tech world. The arrest in question involves Pavel Durov, the founder and CEO of Telegram, a major
Pavel Durov, the founder of the popular messaging app Telegram, was recently arrested at a Paris airport. The EU has been cracking down on Telegram, and this arrest is the latest development in a series of actions against the app. Why the EU is Targeting Telegram Telegram has faced growing
Bhavish Aggarwal, an Indian billionaire and the founder of Ola, a popular ride-hailing service, is making big waves in the electric vehicle (EV) world. His new goal? To challenge Elon Musk and Tesla by offering affordable electric cars for people in developing countries. Aggarwal, who also heads Ola Electric, recently
Warren Buffett’s Berkshire Hathaway just made headlines with its huge investment in U.S. Treasury bills, surpassing even the Federal Reserve’s holdings. In the first half of the year, Berkshire scooped up $230 billion in these low-risk, short-term securities, making it a major player in this investment arena. Despite his usual
In the summer of 1991, Bill Gates and Warren Buffett bonded over a marathon conversation at a family getaway, sparking a deep friendship that saw them become iconic philanthropic partners. Their bond led Buffett to donate billions to Gates’ foundation, shaping global philanthropy. However, recent years have revealed cracks in
Delta Air Lines faced a colossal $500 million hit due to a major IT outage earlier this month that stranded thousands of passengers. The outage, caused by a flawed software update from CrowdStrike, led to the cancellation of over 4,000 flights and massive daily costs for compensation and hotels. The
