TotalEnergies Exits Brunei, Offloads Oil Asset To Malaysian Company
TotalEnergies sells its Brunei subsidiary to Hibiscus Petroleum for $259 million, aligning with their strategy to optimize portfolio and focus on growth areas.
How Amazon Prime Video’s Ad-Supported Version Reportedly Disrupted Netflix, YouTube, And TV Networks, Forcing OTTs To Slash Prices
In a significant shift in the streaming ad market, Amazon has caused a major disruption for Netflix by introducing an ad-supported version of its Prime Video service.
‘Big Short’ Famed Investor Steve Eisman Dismisses Recession Fears, Cites US Economy’s ‘Story-Time’ As Proof Of Strength
Renowned investor Steve Eisman has expressed confidence in the stability of the US economy, dismissing fears of an impending recession.
This Biopharma Stock Is Trading 23% Higher In Pre-Market After Wrapping Up $4M Public Offering
The public offering included 1,199,448 shares of common stock and pre-funded warrants to purchase up to 2,568,110 shares of common stock.
Jim Chanos Scoffs At Elon Musk’s Claim About Tesla Hitting $30 Trillion+ Market Cap: ‘So 30% Of Global GDP…..?’
Tesla ancillary businesses will propel the company to the pole position in terms of market capitalization, according to Musk.
S&P 500 Notches Record High For 4th Day, Market Sentiment Dips To ‘Fear’ Zone Following PPI Report
U.S. stocks mixed, S&P 500 sets new record. Fed keeps interest rates unchanged but signals fewer future cuts. Fear & Greed Index drops to Fear zone.
Elon Musk’s $56B Pay Package Now Needs Green Signal From Delaware Judge Who Earlier Voided It: Report
The pay package faces months of litigation before shares can be awarded to Musk.
Squeamish About Dashcams In Uber, Lyft Cars? Senator Duo Introduces A Bill To Tackle Recording Devices
Two U.S. senators have introduced a bill that would mandate ride-hailing companies like Uber and Lyft to inform passengers if their drivers are using dashcams to record them.
Microsoft Hits The Breaks For Now On ‘Photographic Memory’ Windows AI Feature Slammed By Elon Musk
In response to security concerns, Microsoft Corp has decided to halt the global release of a new AI feature for Windows. The company plans to test the tool with a smaller group before a wider rollout.
Visa And Mastercard Face Potential Setback As New York Judge Indicates Disapproval Of Proposed $30B Antitrust Settlement
The proposed $30 billion antitrust settlement by Visa Inc and Mastercard Inc is facing a potential setback as a New York judge has indicated that she may not approve the agreement.