Binance founder Zhao’s huge wealth unaffected by prison sentence

Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022.  Staff | Reuters Changpeng Zhao, the billionaire co-founder and former CEO of Binance, is expected to see his mammoth wealth remain intact and likely continue to climb even as he faces time behind bars … Read more

Tesla shares drop after Musk cuts about 500 jobs in Supercharger team

Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell nearly 6% on Tuesday following news that CEO Elon Musk was pressing ahead with more job cuts at Tesla, impacting an estimated 500 employees in its Supercharger team. The stock closed … Read more

The academic sleuth facing death threats and ingratitude

Lonni Besançon is an assistant professor at the Division of Media and Information Technology at Linköping University. Credit: Thor Balkhed Lonni Besançon devotes evenings and weekends to rarely appreciated sanitation work. By examining scientific articles after they are published and exposing shortcomings, he has made himself an enemy of both researchers and publishers. It has … Read more

AWS Q1 earnings report 2024

Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023. David Paul Morris | Bloomberg | Getty Images Amazon said Tuesday that revenue from its cloud unit grew 17% year over year in the first quarter, a more rapid rate than Wall Street had expected. … Read more

Trump receives 36 million more shares of Trump Media as bonus

Republican presidential candidate and former U.S. President Donald Trump gestures as he arrives to Trump tower during the day of his trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in New York City, U.S. , April 19, 2024.  Eduardo Munoz | Reuters Former … Read more

Super Micro (SMCI) Q3 earnings report 2024

Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Super Micro shares slipped as much as 12% in extended trading on Tuesday after … Read more

New research captures 18 years of US anti-bullying legislation

Credit: CC0 Public Domain Between 1999 and 2017, every state has passed a law addressing bullying, and 90% of those states amended or updated their laws, according to research that analyzes the most comprehensive legal data on anti-bullying laws to date. The data were created by researchers from the Center for Public Health Law Research … Read more

Amazon’s advertising revenue jumps 24% in first quarter

An Amazon contract worker stacks packages onto a luggage cart outside an apartment building in New York, US, on Tuesday, April 16, 2024.  Angus Mordant | Bloomberg | Getty Images Amazon reported 24% growth in its advertising unit on Tuesday, the latest sign that the digital ad market is continuing its rebound. Ad revenue climbed … Read more

AMD earnings report Q1 2024

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.  Steve Marcus | Reuters AMD reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations, and provided an in-line forecast for … Read more

Immunizing consumers against bad news can protect brands, says study

Credit: Pixabay/CC0 Public Domain Abercrombie & Fitch. Balenciaga. Starbucks. In recent years, these brands and many others have faced extreme public backlash due to insensitive comments from executives, changes to loyalty programs, controversial advertising decisions, and more. In today’s hyperconnected world, negative information about brands can quickly snowball online, resulting in widespread calls for boycotts … Read more