Zeekr, a Chinese electric car brand, made headlines with the announcement of their new batteries that claim to have the fastest charging capabilities in the world. This breakthrough in battery technology is set to address the long-standing concerns of electric car consumers regarding driving range and charging convenience. With Zeekr’s new batteries, drivers can go
In a recent turn of events, a U.S. judge has granted a temporary injunction against major media companies like Disney, Warner Bros. Discovery, and Fox from launching their sports streaming service, Venu. This decision comes as a victory for Fubo TV, an internet TV bundle provider that accused the new streaming service of being anticompetitive
Flutter recently reported stunning second-quarter earnings, showcasing impressive growth in revenue driven by its FanDuel betting platform. The company’s decision not to impose a surcharge to offset an Illinois tax hike made waves in the industry. This move differentiated FanDuel from its competitor DraftKings, which initially announced plans to introduce a surcharge in states with
Broadcast stations owned by Byron Allen, the media mogul with a keen interest in acquiring media assets for billions of dollars, have been causing frustration among network owners due to consistently late payments. According to sources familiar with the matter, stations owned by Allen Media Group have been as much as 90 days past due
SpaceX is gearing up for the launch of its next private mission, the highly anticipated Polaris Dawn mission, which marks a significant milestone in the realm of human spaceflight. The mission, spearheaded by billionaire Jared Isaacman as part of his Polaris Program, is set to take off from Florida on August 26th. With a focus
In a surprising turn of events, the team of Ryan Reynolds, Hugh Jackman, and Shawn Levy have managed to create a box office phenomenon with their film “Deadpool & Wolverine.” Surpassing the previously highest-grossing R-rated title, “Joker,” the Disney and Marvel collaboration has brought in a staggering $1.085 billion globally. This success not only highlights
Tencent’s second-quarter results exceeded market expectations, with revenue reaching 161.12 billion Chinese yuan and profit attributable to equity holders of the company hitting 47.63 billion Chinese yuan. These figures surpassed analysts’ consensus estimates, showcasing strong growth in the company’s core gaming division. Comparing year-on-year data, revenue increased by 8%, while profit saw a significant 82%
Vice President Kamala Harris recently unveiled an economic plan that includes an expanded child tax credit worth up to $6,000 to provide tax relief for families with newborn children. This plan aims to build on the higher child tax credit that was enacted via the American Rescue Plan in 2021. Harris’s proposed tax break is
United Auto Workers President Shawn Fain did not mince words in his recent video, where he accused Stellantis CEO Carlos Tavares of price gouging consumers and failing to honor parts of the union’s labor contract with the automaker. These blistering remarks are part of an ongoing feud between the two leaders following last year’s contentious
The effectiveness of Palo Alto Networks’ new sales strategy is a critical factor that investors should closely monitor. The company’s shift towards “platformization,” which involves bundling products and services, has the potential to drive growth and market share. However, this strategy has also come with short-term challenges, such as the need to provide certain products