Jonathan Wong
The Latest
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Elon Musk Becomes the World’s First Trillionaire After SpaceX IPO
Elon Musk became the first person in history to surpass a net worth of $1 trillion following the long-awaited public offering of SpaceX, a landmark event that transformed the aerospace company into one of the most valuable corporations in the United States and cemented Musk's position at the top of the global wealth rankings. 
Elon Musk became the first person in history to surpass a net worth of $1 trillion following the long-awaited public offering of SpaceX, a landmark event that transformed the aerospace company into one of the most valuable corporations in the United States and cemented Musk's position at the top of the global wealth rankings. -
Microsoft's Xbox Warns It Is 'Over Extended' as 3% Margin and Hardware Crisis Fuel Layoff Fears
Microsoft's Xbox division is preparing for what could be one of its most significant restructurings in years after newly appointed Xbox CEO Asha Sharma warned employees that the gaming business has become "over extended" following years of heavy spending, declining revenue and mounting hardware pressures. 
Microsoft's Xbox division is preparing for what could be one of its most significant restructurings in years after newly appointed Xbox CEO Asha Sharma warned employees that the gaming business has become "over extended" following years of heavy spending, declining revenue and mounting hardware pressures. -
OpenAI Considers Slashing Token Prices to Win Customers From Anthropic Ahead of IPO Push
OpenAI is considering significant price reductions for its artificial intelligence products as competition with Anthropic intensifies and corporate customers increasingly push back against soaring AI spending, according to a Wall Street Journal report citing people familiar with the matter. 
OpenAI is considering significant price reductions for its artificial intelligence products as competition with Anthropic intensifies and corporate customers increasingly push back against soaring AI spending, according to a Wall Street Journal report citing people familiar with the matter. -
Prince Harry Eyes UK Trip With Meghan, Archie and Lilibet While Seeking Reconciliation With King Charles
Prince Harry is reportedly preparing for a return to the United Kingdom this summer as he increases his involvement with the upcoming Invictus Games in Birmingham, a trip that could test whether any meaningful reconciliation remains possible between the Duke of Sussex and King Charles. 
Prince Harry is reportedly preparing for a return to the United Kingdom this summer as he increases his involvement with the upcoming Invictus Games in Birmingham, a trip that could test whether any meaningful reconciliation remains possible between the Duke of Sussex and King Charles. -
Oracle Cuts Up to 30,000 Jobs While Cloud Revenue Jumps 44% and AI Business Surges 243%
Oracle is reportedly nearing the end of a sweeping workforce reduction that could eliminate nearly 30,000 positions worldwide, even as the technology giant records strong growth in cloud computing, artificial intelligence services and data-center infrastructure. 
Oracle is reportedly nearing the end of a sweeping workforce reduction that could eliminate nearly 30,000 positions worldwide, even as the technology giant records strong growth in cloud computing, artificial intelligence services and data-center infrastructure. -
Apple Unveils AI-Powered Siri at WWDC as Google Gemini Partnership Drives Biggest Assistant Overhaul Yet
Apple used its Worldwide Developers Conference to unveil what may be the company's most ambitious artificial-intelligence push yet, introducing a redesigned Siri powered by a new Apple Intelligence architecture and revealing a deeper integration of Google's Gemini models into its software ecosystem. 
Apple used its Worldwide Developers Conference to unveil what may be the company's most ambitious artificial-intelligence push yet, introducing a redesigned Siri powered by a new Apple Intelligence architecture and revealing a deeper integration of Google's Gemini models into its software ecosystem. -
OpenAI Files Confidential IPO Draft as Anthropic Nears $1 Trillion Valuation in AI Race
OpenAI has confidentially submitted draft paperwork for an initial public offering, positioning itself for a potential stock-market debut as competition intensifies across the artificial intelligence industry and rival Anthropic races to capitalize on surging investor demand. OpenAI has confidentially submitted draft paperwork for an initial public offering, positioning itself for a potential stock-market debut as competition intensifies across the artificial intelligence industry and rival Anthropic races to capitalize on surging investor demand. -
Elon Musk Nears Trillionaire Status As SpaceX IPO Could Push Fortune Past $1 Trillion
Combined with his Tesla holdings-currently valued at around $355 billion-and stock options worth potentially over $100 billion, Musk's net worth could soar past the $1 trillion mark. 
Combined with his Tesla holdings-currently valued at around $355 billion-and stock options worth potentially over $100 billion, Musk's net worth could soar past the $1 trillion mark. -
Uber Cuts 23% of HR Team as AI Spending Soars, Company Denies Automation Drove Layoffs
Uber Technologies has cut nearly a quarter of its human resources organization, eliminating 23% of employees in its People and Places division, as the ride-hailing giant pushes through a significant internal restructuring while simultaneously expanding its investment in artificial intelligence. 
Uber Technologies has cut nearly a quarter of its human resources organization, eliminating 23% of employees in its People and Places division, as the ride-hailing giant pushes through a significant internal restructuring while simultaneously expanding its investment in artificial intelligence. -
SpaceX Seeks Record $1.75 Trillion IPO Valuation, Targets $75 Billion Raise
SpaceX is preparing for what could become one of the largest initial public offerings in financial history, seeking a valuation of approximately $1.75 trillion and aiming to raise at least $75 billion as investors continue pouring capital into companies tied to advanced technology, communications infrastructure and artificial intelligence. 
SpaceX is preparing for what could become one of the largest initial public offerings in financial history, seeking a valuation of approximately $1.75 trillion and aiming to raise at least $75 billion as investors continue pouring capital into companies tied to advanced technology, communications infrastructure and artificial intelligence.
