King
Amazon’s cash balance is expected to reach almost $400 billion by 2027, far outpacing tech rivals.This cash gusher stems from record profits, cost-cutting, and success in cloud and advertising.Shareholders will want some of this money. So far, Amazon is investing in AI and other growth plans. Amazon’s ballooning cash balance…
By Lucinda Elliott BUENOS AIRES (Reuters) – Marcos Galperin, chief executive of Latin American e-commerce giant MercadoLibre (NASDAQ:) Inc – already the region’s most valuable listed firm – says the company is just getting started. He wants to triple the number of users, expand online payments, leverage artificial intelligence (AI)…
It’s hard to be the king of AI.Nvidia showed that AI demand is still high, more than doubling its revenue for this same period last year and projecting $32.5 billion in revenue for the next quarter.But that came as no surprise to industry experts on Wednesday.As large tech companies continue…
November 2007: Donald Trump Jr. and Kimberly Guilfoyle ran in the same circles before they started dating. Guilfoyle and Trump Jr. were photographed together at events in New York City in 2007 and 2008. At the time, they were in other relationships.Guilfoyle was married to Democratic politician Gavin Newsom from…
The first time Wayne LaPierre was on trial in New York, he told jurors he was a very sick man and had no intention of returning to the helm of the National Rifle Association, the powerful gun lobby he led — and, the jury found, plundered — over the course…
Tesla’s stock is down over 10% in the last year, and Elon Musk’s net worth has also fallen.As Tesla struggles, Musk appears to be fortifying his other businesses.Lately, social media platform X has begun to look more like regular old Twitter. Tesla has been losing its luster this year as…
King Charles III spoke about friendship and kindness in a series of remarks before his first public appearance since announcing his cancer diagnosis.Charles, 75, shared his sentiments via a recorded audio message played at the Royal Maudy Service, an annual event that takes place on the Thursday before Easter Sunday,…
A New York man filed a $15 million lawsuit against Burger King.The man alleges a NYC store facilitated an “open air drug bazaar” operating outside its building.Locals said the street has struggled with loiterers and drug dealers for years. A New Yorker filed a multi-million dollar lawsuit against Burger King, accusing…
