Investing

The Meta Oversight Board has upheld the company’s decision to leave up manipulated video of US President Joe Biden that claims he is a pedophile.

With $1 trillion in assets and unrivaled returns, the private equity giant has conquered Wall Street, but its 76-year old founder, Steve Schwarzman, isn’t finished. He wants total domination overseas as well— and the firm’s crown prince, Jonathan Gray, has built an ingenious weapon targeting vast amounts of global wealth.

Start-up funding in 2023 was similar to COVID levels, topping just $3.5 billion compared to $7.4 billion in 2022, the latest State of Australian Startup Funding Report found.

The social media company joins Microsoft, Zoom, Okta and others that have laid employees off in the new year.

Never mind the recent rally, for a decade the crypto industry has been selling the promise of decentralisation, a new financial system without middlemen, but many blockchain projects have recreated the very elements they tried to overthrow, and regulators are adamant about keeping the status quo.

But Apple (shares down 5% this year) and Tesla (down 26%) have watched on the sidelines as their big tech peers have won over investors in 2024.

The electric car maker has already begun issuing over-the-air software updates to fix the issue.

The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.

Talks to renew a licensing deal between TikTok and Universal Music Group fell through Tuesday.

GLP-1 injectable drugs like Ozempic and Wegovy made up a significant portion of the company’s annual sales.