Tag: Content Optimization

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OpenAI Moves to Prevent Musk Takeover With Special Voting Rights

OpenAI amasses special voting rights to prevent hostile takeovers like the one proposed by Elon Musk. The new structure as a public benefit corporation would grant nonprofit board members control, potentially overriding other backers like Microsoft and SoftBank. These measures aim to protect OpenAI's mission and prevent any future attempts by Musk or others to gain control.

Congress Stalls Trump and Musk's DOGE Dividend Plan

Elon Musk and former President Trump are pushing for DOGE checks to be sent to Americans, but Congress would need to approve it. GOP lawmakers are skeptical, citing concerns about fiscal responsibility and the national debt. The legislative path for the checks is largely closed off unless Republicans change their mind.

Wix Beats Q4 Profit Estimates, Forecasts Up to $2 Billion Revenue in 2025

Wix.com beats Q4 net profit expectations, forecasts 2025 revenue up to $2 billion, boosted by price hikes, AI, and Studio products.

Morgan Stanley Sells $3 Billion More of Elon Musk’s X Holdings Debt

Morgan Stanley is selling $3 billion of X Holdings Corp. debt, leaving banks with only another $3 billion on their books.

Veeco Earnings Rise in Fourth Quarter

Veeco Instruments Inc. reports fourth-quarter profit of $15 million, with a per-share income of 26 cents. For the fiscal year, the company reports a profit of $73.7 million, or $1.23 per share, and revenue of $717.3 million.

DuPont Reports Q4 Loss, Tops Estimates

DuPont de Nemours reports a Q4 loss of $118 million, exceeding Wall Street expectations with adjusted earnings of $1.13 per share.

US Fuel Prices May Rise 15 Cents a Gallon After Tariffs

Gasoline Prices May Rise 15 Cents a Gallon from Tariffs on Canadian Oil

Stablecoin Market Hits $204 Billion, Signaling Potential Cryptocurrency Rally

Stablecoin market capitalization surges past $200 billion, indicating a potential cryptocurrency rally. Stablecoins' transfer volume eclipses Visa and Mastercard combined, fueled by bots. Yield-bearing stablecoins contribute to market growth, while USDT deposits on exchanges rise significantly.

Comcast Reports Broadband Losses, Peacock Growth Stalls

Comcast stock dropped after reporting a bigger-than-expected decline in broadband subscribers and failing to gain Peacock subscribers. Despite these setbacks, the company remains committed to its connectivity business and announced strategic changes to enhance its offerings in the face of competition from mobile providers.

Chinese AI Upstart DeepSeek Challenges OpenAI, Sparks Tech Stock Recovery

Chinese AI startup DeepSeek's release of a new AI model has shaken up the tech industry, challenging OpenAI's dominance and sparking a recovery in AI-related stocks.