MicroStrategy, under the leadership of CEO Michael Saylor, has been making headlines with its significant Bitcoin purchases. Saylor recently announced on social media the acquisition of 12,000 more bitcoins for $822 million. This move brought MicroStrategy’s total holdings to 205,000 bitcoins, valued at over $15 billion. While this has resulted in a surge in MicroStrategy’s
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A24 and Imax have joined forces to offer a unique experience to fans of large format films with a new monthly screening series set to launch on March 27th. The collaboration will bring past A24 titles to the big screen, starting with the Imax debut of Alex Garland’s 2014 sci-fi masterpiece, Ex Machina. This special
Alex Karp, the CEO of Palantir, has made public statements supporting Israel that have resulted in some employees exiting the company. Karp acknowledged that this is a consequence of taking a controversial stance and expressed that he expects more employees to leave in the future. This raises questions about the impact of CEO activism on
In a recent interview with CNBC, Palantir CEO Alex Karp expressed his strong feelings towards short sellers, investors who profit from betting on the decline of a company’s stock price. Karp’s disdain for short sellers was evident as he stated, “I love burning the short sellers.” His animosity towards them was further highlighted when he
Petco made headlines recently as it announced the departure of its CEO, Ron Coughlin. In his place, R. Michael Mohan, a board member and former Best Buy executive, will be stepping in as the interim chief executive until a permanent replacement is found. The news of Coughlin’s resignation comes as a surprise to many, considering
Neil Young announced on Wednesday that he will be returning his music to Spotify, marking the end of a two-year stand-off with the music streaming platform. This decision comes after a dispute over vaccine misinformation that led Young and other artists to remove their catalogs from Spotify back in January 2022. The controversy stemmed from
Eli Lilly recently announced a groundbreaking partnership with Amazon Pharmacy that will transform the way certain prescription drugs, including the popular Zepbound weight loss treatment, are delivered to patients. By leveraging Amazon Pharmacy’s direct-to-consumer program, Eli Lilly aims to make it easier for patients to access essential medications without the need for multiple visits to
Apple’s App Store has long been a source of high profit margins and steady revenue for the tech giant. However, in a major concession, Apple announced changes to comply with the European Union’s Digital Markets Act (DMA), allowing developers to distribute their apps directly to consumers. This move could potentially impact Apple’s financial gains from
Asian shares reached seven-month highs on Wednesday, driven by the record peaks on Wall Street. Despite slightly higher-than-expected U.S. inflation, investors remained optimistic, believing that it would not hinder the anticipated interest rate cuts by the middle of the year. The news that China urged banks to boost financial support for developer China Vanke gave
The political landscape in Haiti remains uncertain after Prime Minister Ariel Henry announced his resignation, leaving many Haitians relieved but cautious about the future. Henry’s decision to step down comes after months of escalating gang violence that has plagued the nation. While his resignation was welcomed by some, questions surrounding security and stability still linger.