Shareholders Sue Amazon Over Alleged Failure to Consider SpaceX’s Falcon 9 Rocket for Satellite Constellation Amazon is facing a lawsuit from shareholders of a pension fund that holds Amazon stock. The lawsuit asserts that Amazon neglected to explore the potential of SpaceX and its Falcon 9 rocket for launching its satellite constellation. According to the …
Jet Airways Founder Naresh Goyal, 74, to Appear in Mumbai PMLA Court in Money Laundering Case Naresh Goyal, the 74-year-old founder of Jet Airways, is slated to appear before a special Prevention of Money Laundering Act (PMLA) court in Mumbai on Saturday. This legal proceeding is a consequence of a money laundering case rooted in …
Google Unveils Gemini AI, Specialized Chips, and AI Artwork Mark in Bid to Compete with OpenAI’s ChatGPT-4 Google has recently made significant strides in the field of artificial intelligence, showcasing an array of new AI tools and announcing strategic partnerships. This impressive lineup includes their flagship AI model, “Gemini,” dedicated AI chips, and a hidden …
Saudi Arabia Eyes Record $50 Billion Aramco Share Offering, Shaping Capital Market History In a groundbreaking move, Saudi Arabia is contemplating a monumental offering of $50 billion worth of Aramco shares, as reported by the Wall Street Journal. If realized, this offering would be an unprecedented event in the history of capital markets, surpassing the …
Meta Considers Paid Subscriptions for Instagram and Facebook in Europe Amid EU Data Regulations Meta, the parent company of popular social media platforms Instagram and Facebook, is exploring the introduction of a paid subscription option in Europe. This move is in response to European Union (EU) regulations that have imposed restrictions on Meta’s data-collection practices, …