Tesla to hold shareholder vote on whether to invest in xAI
Key TakeawaysTesla to hold shareholder vote on xAI investment, a rapidly growing AI startupElon Musk's xAI has rapidly racked up significant investment, with a...
IMF board enables disbursement of about $500 mln to Ukraine – Statement
Key TakeawaysThe IMF Board has approved a nearly $500 million disbursement to Ukraine under the Extended Fund Facility program.The disbursement aims to stabilize the...
Trump launches sales of fragrances called ‘victory 45-47’
Key TakeawaysUS President Donald Trump launched the sale of fragrances called 'Victory 45-47' for both men and women.The number 45 and 47 in the...
Tesla inks deal with Chinese partners to construct grid-side-energy storage station in Shanghai
Key TakeawaysTesla has inked a deal with Chinese partners to construct a grid-side energy storage station in Shanghai using its Megapack energy-storage batteries.The grid-side...
Microsoft fires another 300 people after recent major layoff – Reports
Key TakeawaysMicrosoft has fired another 300 people in Washington state, following a 3% staff reduction in May.The new layoffs are aimed at improving the...
U.S. to double steel, aluminum tariffs to 50 pct
Key TakeawaysThe U.S. will double tariffs on steel imports to 50 percent.The Trump administration aims to shield the domestic steel industry from foreign competition.The...
