Meta Platforms CEO Mark Zuckerberg will get a new chunk of shares in the company he founded, and in return, he has agreed to stay in California, where the company is headquartered, for at least eight more years. It is partly a financial carrot intended to keep Zuckerberg in California, where voters in November will decide whether to approve a temporary tax on wealth held by billionaires who live in the state. Meta announced the deal on Wednesday in a securities filing that coincided with its...
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Meta Platforms CEO Mark Zuckerberg will get a new chunk of shares in the company he founded, and in return, he has agreed to stay in California, where the company is headquartered, for at least eight more years. It is partly a financial carrot intended to keep Zuckerberg in California, where voters in November will decide whether to approve a temporary tax on wealth held by billionaires who live in the state.
Meta announced the deal on Wednesday in a securities filing that coincided with its...
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Diesel users face another costly week at the pump, with prices poised to rise by up to P2.50 per liter as escalating attacks on oil infrastructure and shipments threaten global supplies.
GWADAR/QUETTA: Security forces killed three terrorists and foiled an attack on an unoccupied construction company camp in Gwadar, officials said on Thursday. Security sources said forces had surrounded several other suspected terrorists near a hotel, and an operation was underway to thwart another attempted attack.
Flagship Minerals has sweetened the terms of its high-grade Rosario copper project acquisition in Chile, extending its option and halving the final payment to US$1 million.
President Trump invoked the Defense Production Act on Thursday, announcing that the government would be spending $150 million toward boosting domestic gas and diesel production as the White House looks to ease consumer pain at the gas pump. The announcement was made in a presidential memorandum earlier on Thursday, but the president detailed the exact…
• CDA only demolishing illegal structures in Islamabad, assembly told• MNA raises concern over non-rehabilitation of Malir families displaced by ML-1 project• Lower house amends law to make State Life Insurance Company a statutory body ISLAMABAD: Proceedings in the National Assembly remained sluggish on Thursday, with only one bill passed before a lack of quorum forced the presiding officer to adjourn the sitting until Friday morning.
Alarm bells should go off that the firm’s staff and clients had invested more than $300 million in the data centre developer ahead of its aborted ASX listing.
The State Railway of Thailand (SRT) has filed a lawsuit seeking more than 13.3 billion baht from CP Group-backed Asia Era One and seven other parties over a disputed Airport Rail Link payment, while assuring passengers that train services will continue as normal. The SRT announced yesterday, October 22, that it had taken the case … The story State railway seeks billions from CP-backed airport train operator as seen on Thaiger News.
The Treasury Department on Thursday proposed a rule to curb American high-tech investments, including AI, outbound to U.S. adversaries like China, Russia, North Korea and other “countries of concern.” The rule expands restrictions in the Outbound Investment Security Program (OISP) on hypersonic systems and quantum information technologies, high-performance computing and supercomputing, as well as AI.…
The iPhone lineup is Apple's largest moneymaker, generating roughly half of the company's revenue. And the Duo is the biggest single design change in the device's nearly two-decade history.