Unemployment fraud in California is estimated to cost at least $20 billion.
California has given out at least $20 billion in false unemployment benefits to criminals, state officials said Monday, confirming a figure that is lower than
Global News, Breaking News, Economic, Business, Energy, Global Markets,
EU has allocated $11.4 billion for 7 AI gigafactories to compete with the US and China.
Elon Musk launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
China’s CXMT, the largest chip memory maker, soars 472% with debut.
Britain’s NatWest loaned NBFI Amplifi Capital £250 million before it collapsed, posing risks to the wider financial system.
Kuwait Petroleum Corporation signs a $16 billion oil pipeline network lease and leaseback, the largest FDI ever.
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
Judge awards Anthropic a $1.5 billion settlement for the largest copyright infringement in history, utilized to train the Claude chatbot.
UK’s Metro Bank is considering a merger with rival Aldermore in a $2.7 billion deal.
Google is to introduce a new server chip to run Gemini models more effectively.
California has given out at least $20 billion in false unemployment benefits to criminals, state officials said Monday, confirming a figure that is lower than
Hertz stated in its announcement that it plans to finish its Tesla Model 3 small car purchases by the end of 2022. It also announced
Telstra, an Australian carrier, has joined with the Australian government to buy Digicel’s South Pacific operations for $1.6 billion, preventing a vital piece of the
Prosecutors in the United Arab Emirates announced on Sunday that they have begun a massive investigation against Dubai-based real estate developer Union Properties, saying they
Tesla Inc has raised the price of its Model X Long Range and Model S Long Range models by $5,000, according to the company’s website.
Nigeria’s central bank announced that the eNaira, a digital currency, will be launched on Monday, months after prohibiting banks and financial organizations from dealing in
As word broke that the blank-check company Digital World Acquisition Corp. was combining with former President Donald Trump’s new media venture, two early investors sold
After a stable third quarter, London Stock Exchange Group said it was on pace to save money from the integration of data platform Refinitiv, but
According to sources and papers reviewed by reporters, SoftBank Group Corp is in talks to sell the Paris-based robotics business behind the Pepper android to
Following US President Joe Biden’s statement that the US is dedicated to defending the island if it is attacked, China stated there is “no room”