In an alarming revelation, the Department of Justice (DOJ) has unveiled a sophisticated Armenian organized crime ring responsible for orchestrating thefts exceeding $83 million from Amazon. This shocking crime spree involves deceptive tactics, with criminals posing as legitimate truck drivers to pilfer truckloads of coveted merchandise intended for Amazon’s extensive network of warehouses. The boldness
Enterprise
Tesla has long been a trailblazer in the electric vehicle market, but the recent announcement by CEO Elon Musk regarding the launch of robotaxis has set a new benchmark for the industry. By the end of June, Austin, Texas, will play host to the inaugural fleet of Tesla’s Model Y autonomous vehicles, a bold move
Apple is currently embroiled in a complex legal conflict with Epic Games that reveals both the challenges and transformations in the digital marketplace. At the center of this growing tension is Fortnite, a wildly popular game that has found itself continually sidelined from Apple’s iOS App Store. A recent order from U.S. District Judge Yvonne
The rise of meme coins in the cryptocurrency market has often circumvented traditional finance dynamics, blending cultural phenomena with speculative trading. One of the most intriguing occurrences in this landscape is the $TRUMP token, which embodies both the chaotic nature of meme-driven currencies and the allure of political celebrity. As this coin has gained traction,
In a move that has stirred conversations within corporate governance circles, Tesla, the electric vehicle giant headed by Elon Musk, has altered its corporate bylaws. According to a regulatory filing made recently, this new framework imposes an ownership threshold of 3% for shareholders wishing to pursue legal action over alleged breaches of fiduciary duties by
Mike Novogratz, a notable figure in the crypto landscape, recently shared a gripping narrative of resilience and determination. For nearly four years, he devoted more than $25 million to navigate the complex and often frustrating process of taking his firm, Galaxy Digital, public in the United States. This lengthy journey, which morphed from what should
In a transformative move that underscores the ever-growing significance of cybersecurity, Proofpoint has announced its intention to acquire Hornetsecurity for a staggering $1 billion. This pivotal deal, the largest in Proofpoint’s history, is a decisive step for the California-based company to enhance its foothold in the European market as it cautiously navigates a potential return
eToro, the Israel-based stock brokerage platform, made headlines as it debuted on Nasdaq, raising nearly $310 million in its initial public offering (IPO). This move not only marks a significant milestone for the company but also ignites hopes for a rejuvenated IPO market, which has been largely dormant in recent months. The stock debuted at
Coinbase, the renowned cryptocurrency exchange, witnessed a significant uptick in its share price on Tuesday, soaring over 20%. This spike in value marked the company’s most impressive rally since the aftermath of Donald Trump’s election victory, largely piggybacking on its recent inclusion in the S&P 500. In an announcement made late Monday, S&P Global revealed
Amidst the tumultuous landscape of global trade, a significant shift unfolded recently as the United States and China agreed to halt most tariffs on each other’s goods. This pivotal moment has injected a refreshing dose of optimism into the financial markets, particularly within the technology sector, and especially among semiconductor and smartphone manufacturers. Investors, weary