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Latest Breaking News Articles

BlackRock Makes $12 Billion Move with HPS Investment Partners

Scotiabank’s stock dropped over 1% on Tuesday after the bank shared its fourth-quarter results. The bank reported a 5.5% increase in net interest income, reaching C$4.92 billion. However, non-interest income fell slightly to C$3.6 billion. Total revenue grew 3% compared to last year, and adjusted earnings per share rose to C$1.57 from C$1.23.

 min read

China Bans Rare Mineral Exports to the U.S.

China is hitting back at the U.S. by banning the export of key rare minerals, including gallium, germanium, and antimony. These materials are essential for making semiconductors, electric vehicle batteries, and even military gear. The move comes right after the U.S. imposed new restrictions on China’s access to advanced chipmaking tools and technology, citing national security concerns.

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Kendrick Lamar Announces 2025 Grand National Tour with SZA

Kendrick Lamar has revealed plans for a major 2025 tour, the Grand National Tour, with SZA joining as a featured guest. The tour supports his surprise album GNX and will visit 21 cities across North America. Starting in Minneapolis on April 19 and ending in Landover, Maryland, on June 18, the tour includes stops in Los Angeles, St. Louis, Houston, and Toronto. Fans can purchase presale tickets starting December 4 via Cash App, with general sales beginning December 6 on the official tour site.

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Call of Duty to Introduce Major Squid Game Collaboration

Activision has announced a major crossover between Call of Duty: Black Ops 6 and the global hit Squid Game. A brief teaser reveals a nod to the show’s iconic symbols, with a mysterious operator handling the recognizable card marked by a circle, triangle, and square. The collaboration is slated for release in January 2025, coinciding with the hype surrounding Squid Game Season 2’s Netflix debut on December 26.

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WatermarkRemover: Use AI to Remove Watermark Seamlessly

Images are typically watermarked to depict the ref and protect the IP of a content in every digital ecosystem. While they serve a serious purpose, these markings can ruin the look of both pictures and videos. Photo watermark remover — where media buffs get better.

4 min read

Black Friday 2024 Sets Record with $10.8 Billion in Online Sales

This year’s Black Friday shattered online shopping records, with consumers spending an unprecedented $10.8 billion, according to Adobe Analytics. That’s a dramatic increase from $5 billion in 2017, fueled by a surge in mobile shopping, which accounted for 55% of all purchases. Thanksgiving Day also saw record-breaking online sales of $6.1 billion, setting the tone for a lucrative holiday shopping season.

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FC Barcelona Celebrates 125 Years of Football Glory

This Friday, November 29, 2024, marks the 125th anniversary of FC Barcelona, one of football’s most iconic and successful clubs. From its humble beginnings as a park team founded by Swiss businessman Joan Gamper, Barça has grown into a global powerhouse with a rich history of legendary players, groundbreaking moments, and unmatched success.

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Costco Surprises Workforce With Major Pay Raise

Costco is reportedly bumping hourly wages past $30 for a large share of its store workers, marking a substantial income boost in a tight labor market. This development emerges just as the International Brotherhood of Teamsters mulls a countrywide strike, demanding even stronger pay and benefits for nearly 18,000 Costco employees across five states.

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OpenAI Accuses DeepSeek of Copying Advanced AI

OpenAI has accused Chinese startup DeepSeek of using a technique called “distillation,” where a smaller model secretly learns from a bigger one’s responses. In short, OpenAI suspects DeepSeek is scooping up ChatGPT’s outputs to power its cheaper AI—something OpenAI sees as a serious threat to its technology.

 min read

Elon Musk’s X Launching Digital Wallet With Visa

X, formerly known as Twitter, is teaming up with Visa to introduce a new digital wallet called the X Money Account. Slated for a first-quarter debut, the project fits Elon Musk’s ambitious plan for an “everything app,” letting people move funds between their bank and X, plus send peer-to-peer payments on the go.

 min read

CNN to Lay Off 6% of Staff, Focuses on Digital Reboot

CNN plans to trim around 200 positions—roughly 6% of its workforce—as it pivots away from declining cable viewership and prepares to launch a fresh streaming platform. The company’s new CEO, Mark Thompson, frames the cuts as a tough but necessary step amid “profound changes in how people consume news.”

 min read

Fuji Media Faces Crisis Over TV Star Scandal

Fuji Media, one of Japan’s largest broadcasting groups, is under fire after allegations involving TV personality Masahiro Nakai triggered a wave of advertiser boycotts. Major brands—including Toyota, McDonald’s, and 7-Eleven—have pulled commercials, forcing the network to fill ad slots with public service announcements.

 min read
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