• Home
  • Sector News
    • Technology
    • Energy
    • Financial Services
  • Opinion and Analysis
    • Market Overview
      • Opinion
      • Technical Analysis
      • Fundamental Analysis
      • Investment Idea
    • Stock Market
      • Opinion
      • Technical Analysis
      • Fundamental Analysis
      • Stock Pick
  • Virtus Report

Subscribe to stay informed!

Discover hidden stock market gems and stay up to date with our weekly email newsletter and individual stock ideas

What's Hot

Eggs Are Going on Sale Just Months After Prices Hit Records

June 4, 2023

John Hancock Financial Opportunities Fund Announces Quarterly Dividend of $0.65 per Share

June 4, 2023

Kristen Welker to Take Over as Host of NBC’s ‘Meet the Press’ from Chuck Todd

June 4, 2023
Telegram RSS
  • Government
  • Press Releases
  • Stock Market
  • Top Stories
  • Trading Insights
  • Trending
Telegram RSS
Virtus Junxit EquitiesVirtus Junxit Equities
  • Home
  • Sector News
    1. Technology
    2. Energy
    3. Financial Services
    4. View All

    Former Amazon Employee Reveals the Reason Behind Layoffs in Large Tech Companies

    June 3, 2023

    Bad Bunny’s Secret: Taking Breaks from Social Media Helps Him Feel Better

    June 3, 2023

    Vintage 2008 Video Shows Musk Presenting SpaceX’s Vision

    June 3, 2023

    Cathie Wood reduced her stake in Microsoft but increased holdings in PagerDuty and Ginkgo Bioworks

    June 3, 2023

    The Corn & Ethanol Report: Anticipating the Drought Monitor

    June 2, 2023

    Natural Gas Prices Increase as Risk Assets Rise

    June 2, 2023

    Crude Oil Prices Rise Prior to OPEC+ Meeting

    June 2, 2023

    Predicting Corn, Soybean, and Wheat Prices for June

    June 2, 2023

    ‘Fearless’ Taylor Swift Passes Madonna On Richest Self-Made Women List — Here’s Who Else The ‘All Too Well’ Singer Ranks Ahead Of – Live Nation Entertainment (NYSE:LYV)

    June 3, 2023

    Don’t let investment jargon intimidate you!

    June 3, 2023

    Grain Market Continues to be Volatile Ahead of Weekend – Corn, Soybeans, and Wheat Prices Being Closely Monitored

    June 2, 2023

    Chevron’s Attracts Investors Looking for Value and Short-Term Gains by Selling Out-of-the-Money Puts

    June 2, 2023

    Eggs Are Going on Sale Just Months After Prices Hit Records

    June 4, 2023

    John Hancock Financial Opportunities Fund Announces Quarterly Dividend of $0.65 per Share

    June 4, 2023

    Kristen Welker to Take Over as Host of NBC’s ‘Meet the Press’ from Chuck Todd

    June 4, 2023

    BlackRock Multi-Sector Income Trust (BIT) Announces $0.12 Dividend

    June 4, 2023
  • Opinion and Analysis
    • Market Overview
      • Opinion
      • Technical Analysis
      • Fundamental Analysis
      • Investment Idea
    • Stock Market
      • Opinion
      • Technical Analysis
      • Fundamental Analysis
      • Stock Pick
  • Virtus Report
Get Access
Virtus Junxit EquitiesVirtus Junxit Equities
Home»Technology»Top Stories Friday, May 26: Amazon’s Prime Video Trolls Netflix’s Password Crackdown, Tesla Data Leak Exposes Safety Nightmare, Elon Musk’s Brain Chip Company Gets FDA Nod For Human Trial – AstraZeneca (NASDAQ:AZN), Amazon.com (NASDAQ:AMZN)
Technology

Top Stories Friday, May 26: Amazon’s Prime Video Trolls Netflix’s Password Crackdown, Tesla Data Leak Exposes Safety Nightmare, Elon Musk’s Brain Chip Company Gets FDA Nod For Human Trial – AstraZeneca (NASDAQ:AZN), Amazon.com (NASDAQ:AMZN)

JamesBy JamesMay 26, 2023Updated:May 26, 2023No Comments6 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Benzinga

Amazon Prime Video Trolls Netflix’s Password Crackdown: Remember When Love Meant Sharing?

  • Amazon.com Inc’s AMZN Prime Video boldly roasted Netflix Inc NFLX with a hilarious meme and a intelligent throwback, difficult the sanctity of shared passwords. 
  • Prime Video has unleashed a formidable response to Netflix’s current password-sharing crackdown with a witty meme and a nostalgic reminder of the streaming big’s previous stance. 
  • Amazon’s Prime Video UK deal with took a jab at Netflix’s current password-sharing crackdown by sharing a screenshot of its “Who’s Watching” web page that includes humorously named profiles: “Everyone, Who Has, Our, Password, [Heart Emoji].”

YouTube Bids Adieu To This Feature Amid Focus Shift To Shorts, Community Posts

  • Alphabet Inc.’s GOOG GOOGL on-line video-sharing platform YouTube introduced its determination to bid adieu to the Stories function on June 26, signaling a shift in its focus towards different avenues of content material creation.
  • YouTube is discontinuing ‘YouTube Stories,’ its Snapchat clone. Initially launched 2017 as ‘Reels,’ it was rebranded as ‘YouTube Stories in 2018.
  • Stories supplied YouTube creators with greater than 10,000 subscribers the chance to share non permanent posts. These posts, similar to Snapchat, would mechanically vanish after seven days.

Cynthia Lummis Criticizes Biden-Proposed Bitcoin Mining Tax As ‘Blatant Attempt’ To Pick ‘Winners And Losers’

  • Sen. Cynthia Lummis (R-Wyo.) has declared her opposition to President Joe Biden’s proposed 30% excise tax on Bitcoin (BTC/USD) miners.
  • Lummis on Thursday tweeted that the tax is a “blatant attempt by the administration to pick winners and losers,” including that she “will not let President Biden tax the digital asset industry out of existence.”
  • Lummis, on May 19, on the Bitcoin 2023 convention in Miami, argued that the proposed excise tax was misguided and would solely hurt the burgeoning cryptocurrency business. She emphasised the significance of making a regulatory surroundings that fosters innovation quite than stifles it.

Tesla Data Leak Exposes FSD Safety Nightmare As Complaints Reportedly Run Into Thousands

  • Tesla Inc TSLA prospects have filed over 2,400 complaints relating to self-acceleration points and 1,500 complaints about braking issues between 2015 and March 2022.
  • The complaints about these Full Self Driving (FSD) options spanned throughout areas, together with the United States, Europe, and Asia, and have been primarily based on leaked knowledge from Tesla’s IT system.
  • Data from Tesla’s IT system revealed stories of unintended emergency braking and sudden acceleration. While most of those incidents had minor penalties, some resulted in deadly outcomes.

Amended European Deal For BioNTech-Pfizer’s Covid-19 Vaccines Allows Reduced Purchases

  • The European Commission (EC) had agreed with BioNTech SE BNTX and Pfizer Inc PFE on adapting the prevailing contract on vaccines in opposition to Covid-19, together with a discount within the variety of doses bought by EU international locations beneath the contract and pushing the supply deadline to 2026.
  • The settlement offers for decreasing the variety of doses bought by member states beneath the contract.
  • Following cost of a payment, initially contracted doses can be transformed into optionally available orders.

AstraZeneca/Merck’s Cancer Drug Combo Shows Positive Results In Endometrial Cancer

  • AstraZeneca Plc’s AZN mixture of Imfinzi (durvalumab) and Lynparza (olaparib), when added to platinum-primarily based chemotherapy, confirmed constructive ends in the DUO-E Phase 3 trial in sufferers with newly recognized superior or recurrent endometrial most cancers.
  • Lynparza is collectively developed with Merck & Co Inc MRK.
  • The remedy confirmed a statistically significant enchancment in development-free survival (PFS) in comparison with normal-of-care chemotherapy.

LG Energy Marks Its seventh EV Battery Venture In US, Collaborates With Hyundai Over $4.3B EV Battery Plant

  • LG Energy Solution (LGES) and Hyundai Motor Co Ltd HYMTF disclosed an EV battery cell manufacturing three way partnership within the U.S. Friday.
  • LGES and Hyundai Motor inked a deal to supply EV batteries within the U.S., additional accelerating the Group’s electrification efforts in North America. 
  • Youngsoo Kwon, CEO of LGES, and Jaehoon Chang, President and CEO of Hyundai Motor, personally inked the deal at LGES’s headquarters in Seoul. 

 

Reuters

Elon Musk’s Brain Chip Company Gets FDA Greenlight For ‘First-In-Human Clinical Study’

  • Elon Musk’s mind-implant firm Neuralink has acquired the inexperienced mild from the Food and Drug Administration to begin its “first-in-human clinical study.”
  • This milestone achievement for Neuralink comes after a sequence of setbacks and challenges confronted by the corporate in its pursuit of FDA approval.
  • In a tweet, the corporate wrote that this was the “result of incredible work by the Neuralink team in close collaboration with the FDA and represented an important first step that will one day allow our technology to help many people.”

China’s AI Battle Gathers Steam As Baidu Prepares To Integrate ChatGPT-Like Feature To Search Engine

  • Baidu Inc BIDU CEO Robin Li shared plans to launch Ernie 3.5, a generative AI giant-language mannequin that can energy Baidu’s ChatGPT-like app Ernie Bot and improve its search engine.
  • Li introduced at China’s Zhongguancun Forum two months after Ernie Bot met with combined evaluations.
  • Ernie Bot and different merchandise powered by the corporate’s generative AI giant-language mannequin have remained in trial mode for the reason that public face-off. Baidu invited chosen corporations and customers to check the merchandise and supply suggestions.

Volkswagen, Audi Arrive At $85M Settlement With Texas

  • Volkswagen AG VWAGY and Audi have reached an $85 million settlement over violations of Texas environmental legal guidelines.
  • The automobile producers employed unlawful emission-evading expertise in violation of Texas environmental legal guidelines.
  • In Early May, Texas Supreme Court dominated that the state environmental lawsuit in opposition to Volkswagen and Audi might be taken ahead.

 

Bloomberg

Tesla EV Batter Supplier CATL Wants to Catch Up to Peers, Gets In Solar Panels

  • Chinese EV battery producer Contemporary Amperex Technology Co Ltd is researching the event of perovskite cells to drive new enhancements in photo voltaic panel efficiency, becoming a member of related endeavors by Tesla Inc TSLA.
  • The Tesla provider additionally inked a cope with JA Solar Technology Co, China’s fourth-greatest module maker, to cooperate on scientific improvements, advertising and marketing, and storage.
  • BYD Co, Ltd BYDDF BYDDY can produce about 5 gigawatts of panels a yr. Tesla elevated photo voltaic deployments by 40% yr-on-yr within the first quarter.

 

CNBC

Amazon Reshuffles Positions: Air Cargo Business Leader To Helm Workplace-Safety Division

  • Amazon.Com Inc AMZN shifted its air cargo enterprise head Sarah Rhoads to supervise its office well being and security division.
  • Rhoads may also lead Amazon’s world operations studying and improvement unit, which offers with profession development and expertise enchancment within the firm’s entrance-line workforce.
  • The memo emphasised the significance of security in aerospace and different industries. Rhoads’ background as a embellished navy pilot and success main Amazon Global Air made her apt for the function. She joined Amazon in 2011.

ChatGPT Bug Bites JP Morgan: Looks To Develop AI Software For Investment Advice

  • JP Morgan Chase & Co JPM is growing a ChatGPT-like software program service that leverages disruptive synthetic intelligence to pick out buyer investments.
  • The firm utilized to trademark a product referred to as IndexGPT.
  • IndexGPT appears to be like to faucet cloud computing software program utilizing synthetic intelligence for analyzing and deciding on securities tailor-made to buyer wants.

Photo through Wikimedia Commons

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleS&P Futures edge up ahead of crucial U.S. Inflation Data; Market Focuses on U.S. Debt-Ceiling Talks
Next Article Trump’s Niece Accuses Republicans of Not Acting in Good Faith Ahead of 2024 Election
James

    Related Posts

    Former Amazon Employee Reveals the Reason Behind Layoffs in Large Tech Companies

    June 3, 2023By James0

    Bad Bunny’s Secret: Taking Breaks from Social Media Helps Him Feel Better

    June 3, 2023By James0

    Vintage 2008 Video Shows Musk Presenting SpaceX’s Vision

    June 3, 2023By James0

    Leave A Reply Cancel Reply

    Our Picks

    Prime Minister’s Schedule for Sunday, June 4, 2023

    June 4, 2023

    Apareció Foundation’s Felix Magazine Launches New Issue Focusing on Wellness & Beauty, Featuring Sam Asghari

    June 4, 2023

    Bridging the Information Gap in Healthcare

    June 4, 2023

    SBI Launches Countrywide Search for Companies to Create Custom Board Games

    June 4, 2023
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    John Hancock Financial Opportunities Fund Announces Quarterly Dividend of $0.65 per Share

    Trending June 4, 2023

    On June 1, 2023, John Hancock Financial Opportunities Fund declared a $0.65 per share dividend, which brings the annualized dividend to $2.60. This is the same as the previous quarter. To be eligible for the dividend, shares must be purchased before June 9, 2023, and shareholders of record as of…

    BlackRock Multi-Sector Income Trust (BIT) Announces $0.12 Dividend

    June 4, 2023

    1 Under-the-Radar Growth Stock to Buy In June

    June 4, 2023

    Price Target for Edita Food Industries SAE (LSE:EFID) Reduced by 13.25% to 2.54

    June 4, 2023
    FEATURED INSIGHTS​

    Virtus Junxit Equity Report: Loop Media, Inc. (AMEX: LPTV)

    May 31, 2023

    Virtus Junxit Equity Research: Hillstream BioPharma, Inc. (NASDAQ: HILS)

    May 18, 2023

    NeuroOne Medical NMTC Extreme Potential in Medical Tech

    May 14, 2023

    EZFill Holdings (EZFL) – An In-Depth Analysis of the Company’s Market Dynamics, Financials, and Upcoming Catalysts

    May 8, 2023

    Subscribe to stay informed!

    Discover hidden stock market gems and stay up to date with our weekly email newsletter and individual stock ideas

    Telegram RSS
    • Home
    • Privacy Policy
    • Disclaimer
    • Virtus Report
    • Get Access
    © 2023 Virtus Junxit LLC

    Type above and press Enter to search. Press Esc to cancel.