Jonathan Wong

Jonathan Wong

The Latest

  • Hertz Announces CEO Transition in Bid to Revitalize After EV Setback
    BONUS DURING CRISIS
    Hertz Global Holdings Inc. is set to welcome a new chief executive officer as the car rental giant seeks to navigate a challenging period marked by a recalibration of its electric vehicle (EV) strategy.
  • Prosecutors Seek 40-50 Years for Sam Bankman-Fried in FTX Fraud Case
    FTX Founder Sam Bankman-Fried to Testify in Federal Fraud Trial: Inside the Federal Fraud Allegations and Defense
    Prosecutors have recommended a prison sentence of 40 to 50 years for Sam Bankman-Fried, the 32-year-old founder of the now-defunct FTX cryptocurrency exchange, after his conviction on charges of defrauding investors of $8 billion.
  • Honda and Nissan Forge Partnership to Accelerate Electric Vehicle Development to Chase Chinese Rivals
    HONDA MOTORS
    Honda Motor Co. and Nissan Motor Co. announced a collaborative effort to advance electric vehicle (EV) and intelligent technology development. This historic partnership marks a departure from the traditional rivalry between Japan's second and third-largest automakers, as they join forces to navigate the rapidly evolving EV sector.
  • Apple to Pay $490 Million in Settlement Over Tim Cook's Misleading China Sales Comments
    Tim Cook, CEO of Apple, speaks during an Apple special event at the Steve Jobs Theater in Cupertino
    Apple has consented to a $490 million settlement to resolve allegations that CEO Tim Cook misled investors regarding the demand for iPhones in China.
  • McDonald's Faces Worldwide Store Closures and Order Disruptions Due to IT Outage
    McDonald's
    McDonald's, the global fast-food giant, experienced a significant system failure that led to the closure of stores and disruption of online and app orders worldwide. The IT outage, which impacted outlets in countries including the United States, Australia, Japan, Hong Kong, and the United Kingdom, sent ripples of inconvenience across the McDonald's customer base and raised questions about the resilience of the company's technological infrastructure.
  • Adobe's Stock Dips Despite Solid Q1 Earnings Amid Future Revenue Concerns
    Adobe's Stock Dips Despite Solid Q1 Earnings Amid Future Revenue Concerns
    Adobe Inc. witnessed a significant slump in its stock value, dropping by approximately 10% in after-hours trading, despite posting robust fiscal first-quarter results. This downturn was primarily attributed to the company's forecast for the upcoming quarter, which did not meet the market's lofty expectations.
  • American Airlines Boeing 777 Makes Emergency Landing at LAX Due to Mechanical Issues
    NASTY
    An American Airlines flight was compelled to execute an emergency landing at Los Angeles International Airport (LAX) due to a reported mechanical issue.
  • Binance Addresses Nigerian Operations Amidst Executive Detainment Concerns
    BINANCE
    Binance, the cryptocurrency behemoth, has come forward with a detailed exposition of its operational footprint and regulatory compliance efforts in Nigeria. This move arrives amidst swirling reports regarding the detainment of two high-ranking officials within the organization by Nigerian authorities.
  • World War III Fears Drive Tech Titans Including Zuckerberg and Gates to Invest in Lavish Survival Shelters
    Zuckerberg says Facebook's failure to remove militia page an 'operational mistake'
    The world's wealthiest individuals, including tech moguls Mark Zuckerberg and Bill Gates, are taking unprecedented steps to secure their safety and comfort.
  • Elon Musk Turns Down Trump's Offer to Buy Truth Social Amid Secret Negotiations
    IRATE TRUMP
    Former President Donald Trump reached out to tech mogul Elon Musk with a proposition that could have altered the social media landscape: the acquisition of Trump's own platform, Truth Social, by Musk. Despite Trump's efforts, this overture toward Musk, known for his leadership at Tesla, SpaceX, xAI, and the social networking site X, didn't result in a transaction.
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