The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging. Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion, a 20% drop,…
In New York, Microsoft achieved a milestone on Wednesday, joining Apple in the exclusive three trillion dollar club. Microsoft’s significant investment in artificial intelligence has garnered praise from Wall Street, elevating it to the position of the world’s second-largest company by market capitalization. The company’s shares rose by 1.31 percent to $404. Apple, currently the…
Sun Pharmaceutical Industries Ltd’s alopecia drug Leqselvi (Deuruxolitinib) approved by the US Food and Drug Administration (USFDA) earlier this month could see immediate legal hurdles when it comes to its launch. A motion seeking a preliminary injunction has been filed in a US court to prevent the product’s launch. The management cannot comment on the…
Actor Alec Baldwin sued New Mexico prosecutors and sheriff’s office officials on Thursday alleging a “malicious” prosecution against him for the 2021 fatal shooting of cinematographer Halyna Hutchins on the set of the Western movie “Rust.” The action against special prosecutor Kari Morrissey and others is among at least a dozen civil lawsuits filed over…
A Chinese man who carried out a knife attack in eastern China last June that wounded a Japanese woman and her child and killed a bus attendant trying to protect them has been sentenced to death, according to a Japanese official. A court in the Chinese city of Suzhou ruled that the 52-year-old unemployed man, surnamed Zhou, stabbed…
Milan: Italy’s antitrust authority has fined two subsidiaries of Amazon 10 million euros ($10.70 million) for alleged unfair commercial practices, the regulator said on Wednesday. According to the watchdog, Amazon has “significantly restricted consumers freedom of choice” by automatically pre-setting the ‘Subscribe&Save’ option, for regular scheduled deliveries rather than one-off purchases, for a wide selection of…
Scientists have now discovered such a test, with the help of which the risk of heart attack can be detected about three years in advance. This will reduce the risk of death due to heart attack to a great extent. Now not only the elderly but also the younger generation are becoming victims of heart…
Kyiv: Ukrainian President Volodymyr Zelensky vowed in his New Year’s address Sunday to wreak “wrath” against Russian forces in 2024, despite what he said were attempts to “undermine” support for Kyiv. His message came less than 72 hours after Moscow launched a barrage of missiles and drones at Ukrainian cities, killing 39 people in one of…
The highly anticipated Euro Cup 2024 quarterfinal match between the Netherlands and Turkey is set to take place soon. Football fans are eager to see these two strong teams clash for a spot in the semifinals. Here’s everything you need to know to catch the action live: Match Details: Teams: Netherlands vs. Turkey Date: July…
Reuters – Venezuelan President Nicolas Maduro, whose nearly 12 years in office have been marked by deep economic and social crisis, was sworn in for a third term on Friday, despite a six-month-long election dispute, international calls for him to stand aside, and an increase in the U.S. reward offered for his capture. Maduro, president…