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Tech
The former CEO of Binance Crypto, Changpeng Zhao, was sentenced to 4 months in
On Tuesday in Seattle, Binance founder and former CEO Changpeng Zhao was sentenced to four months in prison for failing to prevent money laundering.
Elon Musk meets with a top official from China in Beijing
Elon Musk, CEO of Tesla, held an undisclosed meeting with China’s second-ranking official during an unpublicized trip to Beijing.
The Department of Homeland Security appoints Advisory Board on AI Safety and
The Department of Homeland Security (DHS) formed a panel on Friday to explore ways to protect infrastructure, like power grids and airports from
Meta stock plunges after Zuckerberg touts money-losing projects
Meta shares fell 19% as CEO Mark Zuckerberg said the company's preferred initiatives might cost tens of billions of euros.
Microsoft releases lightweight AI model
On Tuesday, Microsoft unveiled a compact artificial intelligence model, aiming to appeal to a broader clientele with cost-effective options.
Markets
1,000 Family Dollar and Dollar Tree locations will close
Family Dollar, a struggling bargain retailer that primarily serves urban poor, said on Wednesday that it will be closing almost 1,000 locations.
Tech issues shock Wall Street as Dow falls almost 400 points
Tech stocks led the market decline on Tuesday, as stocks overall experienced a tumble, extending losses from the previous week's record highs.
Gemini, a cryptocurrency exchange, will reimburse users $1.1 billion
Following a settlement with a New York regulator, Cameron and Tyler Winklevoss' cryptocurrency exchange Gemini Trust will repay at least $1.1 billion
Capital One will buy Discover for $35 billion
In a transaction worth $35 billion, Capital One Financial is acquiring Discover Financial Services, uniting two of the largest lenders and credit
For the first time ever, the S&P 500 closes over 5,000
Stocks experienced an uptick on Friday following a downward revision of December's inflation figures, which turned out to be lower than initially