On Thursday, Elon Musk announced that there will be a new CEO for Twitter and that he will transition to a product and technical position. The identity of the new CEO, who will begin in approximately six weeks, was not disclosed by Musk in his tweet. However, according to sources ...

On Wednesday, CEO Satya Nadella informed Microsoft employees that the company would be postponing salary hikes for full-time staff. This decision by Microsoft is consistent with their goal of cost reduction due to a decline in revenue growth and decreased client spending. In January, the company announced its plan to ...

China’s exports have grown for the second consecutive month, albeit at a slower pace, rising 8.5% in US dollar terms in April, while imports fell 7.9% compared to the same period last year. Reuters economists had predicted a rise of 8% in exports and no change in imports. In March, ...

On Monday, Australia’s Labor government announced that it would allocate 14.6 billion Australian dollars ($9.84 billion) over four years in the federal budget to provide relief for families and businesses struggling with the cost of living. The government has assured that this move will not lead to inflation. According to ...

On Friday, the value of ether surged as investors took a chance on the latest memecoins in the cryptocurrency market. According to Coin Metrics, ether ended the day up 5.61% at around $1,990. Although it briefly exceeded the crucial $2,000 level in April after the Shapella upgrade, it is still ...

Biden’s upcoming visit to Port Moresby on May 22 would mark the first time a sitting US president has visited Papua New Guinea, a country that is rich in resources but still largely underdeveloped. On Sunday, Papua New Guinea Prime Minister James Marape announced that next month, Pacific Islands leaders ...

On Friday, Ukraine’s finance minister suggested that Kyiv use its bilateral ties with China to gain leverage and put an end to Russia’s full-scale invasion. The minister made the comments following a phone call between Ukrainian President Volodymyr Zelenskyy and Chinese President Xi Jinping earlier this week, which marked the ...

On Wednesday, Amazon initiated the process of laying off certain employees who were working in its human resources and cloud computing departments. The Chief Executive Officer of Amazon Web Services, Adam Selipsky, and the Head of Human Resources, Beth Galetti, both sent out messages to their teams based in the ...

On Tuesday, former US President Donald Trump made his return to Instagram, posting for the first time since his account was banned in the aftermath of the January 6, 2021 attack on Capitol Hill. Trump utilized Instagram to promote the second edition of his digital trading cards, which sold out ...

On Monday, Apple unveiled its new Apple Card savings account that offers an annual percentage yield of 4.15%. According to Apple, the account has no minimum deposit or balance requirement, and users can easily set it up from the Wallet app on their iPhones. However, to open the savings account, ...