eBay Rejects GameStop’s $56 Billion Takeover Proposal as Shares Slide
eBay rejected GameStop’s unsolicited $56 billion takeover proposal, sending GameStop shares lower as investors questioned the feasibility of the deal.
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Cisco Cuts 4,000 Jobs as AI Push Drives Strong Earnings Outlook
By
Emma Clarke
Cisco plans to cut 4,000 jobs as part of an AI-driven business transformation after reporting stronger-than-expected earnings and raising its outlook.
SpaceX Unveils Starship V3 as Pre-IPO Valuation Slips on Hyperliquid
SpaceX introduced the third generation of its Starship system featuring upgraded Raptor 3 engines and a redesigned launch architecture, while pre-IPO pricing on Hyperliquid fell 7%.
Remote IT Worker Earns $746,000 by Secretly Juggling Five Jobs
By
Emma Clarke
A remote IT professional said he earns roughly $746,000 annually while simultaneously working five jobs, highlighting how AI and remote work are reshaping white-collar employment.
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Nvidia Market Value Surpasses GDP of Nearly Every Nation After Record Rally
Nvidia’s market capitalization climbed to roughly $5.5 trillion, exceeding the GDP of every country except the United States and China as shares hit fresh record highs.
Google Unveils AI-Powered ‘Googlebook’ Laptop Built Around Gemini
By
Emma Clarke
Google introduced Googlebook, a new AI-focused laptop category powered by Gemini and Android 17, featuring contextual AI controls and natural-language desktop tools.
Trump Travels to Beijing for High-Stakes Summit With Xi Jinping
Donald Trump arrived in Beijing for a two-day summit with Xi Jinping focused on tariffs, semiconductors, AI restrictions, and broader U.S.-China economic relations.
Google and SpaceX Discuss Orbital Data Centers for AI Infrastructure Expansion
Google is reportedly in talks with SpaceX about launching orbital data centers as tech companies explore new ways to expand AI computing infrastructure.
Berkshire Hathaway Cash Pile Hits Record $380 Billion After Continued Stock Sales
Berkshire Hathaway’s cash reserves climbed to a record $380 billion as the company extended its streak of net stock sales to 14 consecutive quarters.
U.S. Inflation Climbs to 3.8% as Markets Weigh Rising Rate Risks
U.S. inflation accelerated to 3.8% in April, exceeding forecasts and fueling concerns that the Federal Reserve may delay or reverse expected rate cuts.
Cowboy Space Raises $275 Million to Build Rockets for Orbital AI Data Centers
Cowboy Space raised $275 million to develop rockets designed for space-based AI data centers, targeting a rapidly emerging market for orbital computing infrastructure.
Wall Street Bets Amazon Could Reach $3 Trillion Valuation
Wall Street analysts are increasingly optimistic that Amazon could eventually reach a $3 trillion market value as growth in AWS and logistics continues accelerating.
Cerebras Set for Nasdaq IPO as AI Chip Rivalry With Nvidia Intensifies
AI chipmaker Cerebras is expected to debut on Nasdaq on May 14 under the ticker CBRS, positioning itself as an alternative to Nvidia in the AI hardware market.