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Reading Time : 2 minutesTech mogul Elon Musk, leading a consortium, has made a stunning $97.4 billion bid to seize control of OpenAI, the AI powerhouse behind ChatGPT. This move follows escalating legal battles and accusations that OpenAI has strayed from its original mission.
Reading Time : 2 minutesBill Ackman’s Pershing Square invested $2.3 billion in Uber, signaling strong confidence in its growth potential. The investment boosted Uber’s stock and market cap, highlighting its operational achievements and advancements in autonomous technology. Ackman sees Uber as a well-managed business undervalued by the market.
Reading Time : 2 minutesTrump’s new tariffs could mean higher prices for consumers, risking a trade war that disrupts global supply chains. Economists debate the benefits versus the costs to domestic industries and consumer purchasing power.
Reading Time : 3 minutesSoho House & Co Inc. is making headlines with a $2 billion buyout offer, valuing the exclusive members-only club at $9 per share. Supported by Executive Chairman Ron Burkle and The Yucaipa Companies, the proposal aims to address the company’s struggling stock performance. Investors responded positively, with shares surging over 47% following the announcement of the potential deal.
Reading Time : 2 minutesDonald Trump’s WLFI made a $47 million move into Bitcoin, buying Wrapped Bitcoin before his inauguration. This strategic investment pushed Bitcoin’s price to new heights, reflecting political influence on crypto markets.
Reading Time : 2 minutesJames Howells, an IT specialist from Wales, has been fighting for a decade to recover a hard drive containing 8,000 Bitcoin, now worth around $750 million, lost in a landfill. Despite innovative recovery proposals and recent legal battles, a court ruling has effectively ended his efforts, highlighting the risks and challenges of cryptocurrency storage and management.
Reading Time : 2 minutesMeta ends its fact-checking program, possibly shifting to new content moderation methods. This change might reshape how truth is managed online, urging users to be more vigilant about the information they encounter.
Reading Time : 2 minutesNVIDIA’s Project Digits, a compact AI supercomputer, brings high-end computing to your desk. Priced at $3,000, it can handle massive AI models, empowering researchers and students. Launching in May 2025, it’s a game-changer for personal AI development.
Reading Time : 2 minutesWalmart’s “Wirkin” bag, a $78 dupe of the Hermès Birkin, has gone viral, challenging luxury fashion norms. Its popularity on TikTok shows a shift towards more accessible fashion, sparking debates on exclusivity versus inclusivity.
Reading Time : 2 minutesThe U.S. government narrowly avoided a shutdown after Congress passed a bipartisan funding bill extending federal operations through March 14, 2025. The legislation includes $110 billion in disaster aid and financial relief for farmers. Intense negotiations, influenced by President-elect Donald Trump and Elon Musk, led to the bill’s approval just after the midnight deadline.
Reading Time : 3 minutesVirgin Galactic has set its sights on Italy, partnering with ENAC to explore launching from Grottaglie Spaceport. This move aims to expand space tourism into Europe, leveraging Italy’s aerospace infrastructure. The feasibility study, expected to last two years, will assess everything from environmental impact to regulatory compliance, potentially heralding a new era of international space travel.
Reading Time : 2 minutes Taylor Swift’s Eras Tour concluded with a historic final show in Vancouver, leaving behind record-breaking ticket sales of $2.07 billion and unforgettable memories for over 10 million fans. The tour not only showcased her musical evolution but also had a significant economic impact on local communities worldwide.
Reading Time : 2 minutes Excerpt: Tenstorrent has raised $693 million in a Series D funding round led by Jeff Bezos’ Bezos Expeditions and Samsung Securities, valuing the startup at $2.6 billion. This investment highlights growing interest in alternatives to Nvidia’s dominance in the AI chip market, as Tenstorrent focuses on open-source technology and RISC-V architecture.
Reading Time : 3 minutesWith Brendan Carr at the helm of the FCC, space communications are poised for change. His leadership under Trump’s administration could mean a boom for satellite internet like Starlink, promising global connectivity. Yet, the surge in satellites raises concerns about space debris and governance. Carr’s tenure will define how we manage the increasingly crowded skies.
Reading Time : 2 minutesArgentina achieved a remarkable $888 million trade surplus in October 2024, rebounding from a $442 million deficit the previous year. This turnaround, driven by a 30% surge in exports from agriculture and manufacturing, reflects the positive impact of President Javier Milei’s libertarian policies aimed at cutting government spending and reducing red tape for businesses.