Jonathan Wong

Jonathan Wong

The Latest

  • Binance CEO Changpeng Zhao to Plead Guilty in $4 Billion Money Laundering Case
    CZ
    Changpeng Zhao, the CEO of Binance, the largest cryptocurrency exchange globally, is expected to plead guilty to serious money laundering charges.
  • Elon Musk Sues Media Matters Amidst Allegations of Antisemitism on X
    FILE PHOTO: Elon Musk wears a protective mask as he arrives to attend a meeting with the leadership of the conservative CDU/CSU parliamentary group, in Berlin
    Elon Musk, the owner of the social media platform X, has initiated legal action against Media Matters for America, a media watchdog organization.
  • Cruise Co-Founder Daniel Kan Exits Amid Safety Review and CEO Departure
    Cruise
    In a striking development at General Motors' self-driving unit Cruise, co-founder and chief product officer Daniel Kan has resigned. This announcement comes just a day after the departure of Cruise CEO Kyle Vogt. The decision adds to the upheaval at Cruise, currently facing a safety review of its U.S. fleet.
  • UAW Members Ratify Historic Contracts with Automakers, Marking a Turning Point for Industry
    UAW workers
    Members of UAW have overwhelmingly ratified new contracts with the Detroit Three automakers.
  • OpenAI Ushers in New Era with Emmett Shear as Interim CEO Amidst High-Profile Departures
    OpenAI Ushers in New Era with Emmett Shear as Interim CEO Amidst High-Profile Departures
    In a major reshuffling at OpenAI, the company behind the widely popular ChatGPT, Emmett Shear, co-founder and former CEO of Twitch, has been appointed as the interim CEO. This announcement follows the unexpected exit of Sam Altman, who played a pivotal role in OpenAI's rise to prominence. Altman is set to join Microsoft, a key backer of OpenAI, signaling a significant shift in the landscape of artificial intelligence innovation.
  • Sam Altman Joins Microsoft Amid OpenAI's Leadership Shuffle
    OpenAI co-founder Sam Altman
    Sam Altman, the ousted co-founder of OpenAI, is set to join Microsoft, while OpenAI ushers in its third CEO in just three days.
  • hite House Criticizes Elon Musk for Sharing Antisemitic Post; IBM Halts Advertising on X
    SpaceX founder and chief engineer Elon Musk reacts at a post-launch news conference to discuss the SpaceX Crew Dragon astronaut capsule in-flight abort test at the Kennedy Space Center
    The White House has sharply condemned Elon Musk for endorsing an antisemitic conspiracy theory on X, formerly known as Twitter. In a recent statement, White House spokesman Andrew Bates expressed strong disapproval, stating, "It is unacceptable to repeat the hideous lie behind the most fatal act of antisemitism in American history at any time, let alone one month after the deadliest day for the Jewish people since the Holocaust." Bates was referring to the 2018 Tree of Life synagogue shooting and the Oct. 7 Hamas attack on Israel.
  • GM Workers Ratify UAW Deal Amid Tense Voting Process
    UAW workers
    In a closely-watched development, union workers at General Motors have ratified a landmark deal with the United Auto Workers (UAW), despite initial resistance from several of the automaker's largest assembly plants. The contentious voting process concluded with 54.7% of GM's nearly 36,000 unionized workers voting in favor of the agreement.
  • Elon Musk Faces Backlash for Endorsing Controversial Anti-Semitic Comment
    Elon Musk
    Elon Musk, the CEO of Tesla, is under scrutiny for his recent endorsement of a tweet perceived as anti-Semitic on the X platform, formerly known as Twitter. The controversy began with a video shared by an X user, depicting a father reprimanding his son for making derogatory remarks about Jewish communities.
  • U.S. October CPI Cools More Than Expected, Fed Rate Cut on the Horizon?
    SECOND TERM
    The U.S. Bureau of Labor Statistics recently reported a significant cooling in the U.S. Consumer Price Index (CPI) for October, with the core CPI dropping to its lowest point in over two years.
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