WeWork, the office-sharing company, has taken a significant step by filing for Chapter 11 bankruptcy protection in a New Jersey federal court. This move comes as WeWork has reached agreements with the majority of its secured note holders and aims to streamline its operations by shedding what it deems as ...

Singapore’s Prime Minister, Lee Hsien Loong, announced on Sunday that Deputy Prime Minister Lawrence Wong will assume the role of leader within the ruling People’s Action Party before the forthcoming general election, scheduled by November 2025. Given the widespread anticipation of the PAP’s continued electoral dominance, Wong is poised to ...

A social media influencer who supported Trump has been sentenced to seven months in prison for his role in a conspiracy to discourage potentially thousands of individuals who favored former Secretary of State Hillary Clinton during the 2016 presidential election. The individual in question, Douglass Mackey, who was 33 at ...

Multiple Israeli and Jewish schools have purportedly initiated efforts to encourage parents to take proactive measures by removing social media applications like Instagram, TikTok, and X (formerly known as Twitter) from their children’s smartphones. This move aims to shield young users from potentially distressing and violent imagery associated with the ...

Oil prices surged by over 3% on the third day of the Israel-Hamas conflict, which was initiated by a surprise attack on Israel by Palestinian militants belonging to Hamas. The global benchmark Brent saw a 3.6% increase, reaching $87.63 per barrel, while U.S. West Texas Intermediate futures rose by 3.7%, ...

As the Israel-Hamas conflict enters its second day, political analysts are reflecting on the situation, with some likening it to “Israel’s 9/11” and others viewing it as the culmination of a “50-year time bomb.” The conflict escalated when, at dawn on Saturday, the Palestinian militant group Hamas initiated a multifaceted ...

Law enforcement officials have taken into custody Su Zhu, the fugitive co-founder of the insolvent cryptocurrency hedge fund Three Arrows Capital. Zhu, who was allegedly attempting to flee Singapore, was arrested at Changi Airport in the country, as confirmed by the liquidators responsible for overseeing the bankruptcy proceedings of the ...

In its most significant acquisition to date, Cisco has announced its purchase of cybersecurity software firm Splunk for approximately $28 billion, equivalent to $157 per share, in an all-cash transaction. This strategic move underscores Cisco’s commitment to bolstering its cybersecurity capabilities and expanding its presence in the rapidly evolving cybersecurity ...

Indonesia has granted its inaugural “Golden Visa” to Sam Altman, the Chief Executive of OpenAI, just one week after launching the program aimed at enticing foreign investments into Southeast Asia’s largest economy. According to Silmy Karim, Indonesia’s director general of immigration, the Golden Visa program includes various categories beyond those ...

Closing at $26,038.41, Bitcoin concluded the day with a decline of approximately 6%, as reported by Coin Metrics. The cryptocurrency exhibited fluctuations just above the $26,000 mark during the entirety of Friday, a continuation of the significant drop that commenced on late Thursday. This downward trend had a ripple effect ...