Musk’s Scandinavian woes deepen as Tesla loses Swedish court case

Musk’s Scandinavian woes deepen as Tesla loses Swedish court case

C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk takes the stage during the New York Times annual DealBook summit on November 29, 2023 in New York City.  Michael M. Santiago | Getty Images Tesla‘s troubles with labor unions in Scandinavia deepened as it lost legal action against Sweden’s postal service … Read more

75-year-old tech mogul betting $1 billion of his fortune on AI future

75-year-old tech mogul betting  billion of his fortune on AI future

Billionaire Silicon Valley technology leader Romesh Wadhwani, 75, is investing $1 billion of his personal fortune in predictive and generative AI technology. SAIGroup Billionaire Silicon Valley technology leader Romesh Wadhwani recently celebrated his 75th birthday with 100 friends, reminiscing about many career milestones and only wishing he were 20 years younger in a new, fast-moving … Read more

Hilton Worldwide CEO: The demand for meetings and events in big cities is off the hook

Hilton Worldwide CEO: The demand for meetings and events in big cities is off the hook

Chris Nassetta, Hilton Worldwide CEO, joins ‘Squawk on the Street’ to discuss the company’s growth since its IPO, whether the economy’s seen the bulk of the travel recovery, and if business travel is back to 2019 levels. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. … Read more

Microsoft’s investment in OpenAI faces initial review from UK CMA

Microsoft’s investment in OpenAI faces initial review from UK CMA

Jaap Arriens | Nurphoto | Getty Images The U.K.’s competition watchdog has opened an initial review into Microsoft’s mammoth investment into ChatGPT creator OpenAI, making it the first major regulator to flag potential competition concerns over the tech giant’s relationship with one of the most important artificial intelligence companies today. The Competition and Markets Authority … Read more

Hermès Heir Wants to Give Half His $12 Billion Fortune to His Gardener

Hermès Heir Wants to Give Half His  Billion Fortune to His Gardener

It’s Succession meets Knives Out—only this Hollywood-like plot is real. Nicolas Puech, 80, the estranged Hermès heir, announced a bold plan to adopt his 51-year-old former gardener and handyman to bequeath him his $11 billion fortune. Puech is the grandson of the founder of the fashion giant and owns 5.7% of the company. According to … Read more

Israel exchange chief says no abnormal trading ahead of Oct 7 attack

Israel exchange chief says no abnormal trading ahead of Oct 7 attack

An electronic ticker displays stock price information on a totem sign outside the Tel Aviv Stock Exchange in Tel Aviv, Israel, on Tuesday, Nov. 7, 2023. Bloomberg | Bloomberg | Getty Images The head of trading at the Tel Aviv Stock Exchange criticized “flawed analysis” in a recent research report that documented short selling ahead … Read more

17LIVE goes public via Singapore’s first SPAC merger

17LIVE goes public via Singapore’s first SPAC merger

A live-streamer at a 17LIVE event. 17LIVE In a first for Singapore, shares of 17LIVE began trading Friday following the Asian livestreaming company’s merger with a special-purpose acquisition company. Shares of 17LIVE fell 2.06% to 3.80 Singapore dollars ($2.84) after opening at SG$4. This was Singapore’s first listing via a SPAC merger. SPACs, or blank-check firms, … Read more

Wall Street bullish on cruise stocks, demand shows no sign of slowing

Wall Street bullish on cruise stocks, demand shows no sign of slowing

Cruise stocks have had a standout year due to the post-pandemic demand surge the industry has been enjoying. That demand is expected to continue in 2024. Some 35.7 million passengers are expected to take a cruise next year, up from 31.5 million in 2023 and 6% higher than 2019, according to the Cruise Lines International … Read more

UK PM Rishi Sunak seeks to prevent party revolt with new Rwanda migrant bill

UK PM Rishi Sunak seeks to prevent party revolt with new Rwanda migrant bill

LONDON, ENGLAND – DECEMBER 06: Britain’s Prime Minister Rishi Sunak departs from number 10, Downing Street ahead of the weekly PMQ session in the House of Commons on December 06, 2023 in London, England. (Photo by Leon Neal/Getty Images) Leon Neal | Getty Images News | Getty Images LONDON — U.K. Prime Minister Rishi Sunak … Read more

Ferrari's $400,000 Purosangue is a dream to drive. Just don't call it an SUV

Ferrari's 0,000 Purosangue is a dream to drive. Just don't call it an SUV

The Purosangue, its name meaning “pure blood” or “thoroughbred” in Italian, comes with a 7.5 liter, V-12 engine. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all … Read more