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Neuralink founder Elon Musk unveils the “matrix within the matrix”
Neuralink, founded by Elon Musk has developed the brain-computer interface (BCI). On Friday, Aug. 28, on a livestream Musk revealed the advances that he and his team have made. A brain-computer…
By – Jackie AllenLatest news
MGM Resorts announces sweeping layoffs of 18,000 furloughed workers
MGM Resorts has announced intentions to lay off 18,000 furloughed workers, about one-third of MGM’s pre-pandemic workforce of…
By Colby McCoyHerbalife to pay $123M to settle investigations into its alleged corrupt practices
Herbalife Nutrition Ltd (NYSE: HLF) agreed to pay a total of 123 million to settle the investigations into…
By Marivic Cabural SummersDOJ files complaint to seize 280 cryptocurrency accounts tied to North Korean hackers
The U.S. Department of Justice (DOJ) filed a lawsuit to seize 280 cryptocurrency accounts linked to North Korean…
By Marivic Cabural SummersChinese firms and executives linked to South China Sea sanctioned by US
The U.S. has announced a fresh round of sanctions on Chinese firms and executives linked to the hotly…
By Colby McCoyWalmart confirms possible joint deal with Microsoft to buy TikTok
Walmart has confirmed discussions with Microsoft in a possible collaborative deal to purchase the U.S. TikTok division from…
By Colby McCoyBed, Bath and Beyond, Cisco Systems and more plan layoffs
The moratorium on layoffs for companies that accepted federal funding or Payroll Protection Program (PPP) loans is expiring. And…
By Jackie AllenSEC stops fraudulent offering by Coral Gables Asset Management
The Securities and Exchange Commission (SEC) stopped an allegedly ongoing fraudulent offering by Coral Gables Asset Management and…
By Marivic Cabural SummersPeter Jubber, Fidelity’s head of strategy files Form D for new bitcoin fund
On Wednesday, Aug. 26, Peter Jubber, Fidelity’s head of strategy, filed a Form D with the U.S. Securities…
By Jackie AllenInstacart faces lawsuit over its alleged deceptive optional service fee
Maplebear, Inc doing business as Instcart, a grocery delivery service company, is facing a lawsuit for allegedly deceiving…
By Marivic Cabural SummersBorgWarner to pay $950K to settle SEC charges over its misstated financial statement
BorgWarner Inc. (NYSE: BWA) agreed to pay a penalty of $950,000 to settle the charges filed by the…
By Marivic Cabural Summers