Fake news on Twitter travels six times faster than real news and reaches far more users according to a study released by researchers at MIT. Can fake news be stopped? Sascha Segan is the lead analyst for PCMag.com. Segan joins Cheddar to explain why this problem is so rampant and what needs to be done to stop the problem.
Goldman Sach's Lloyd Blankfein tweeting about the report that he is leaving the company. He writes "its the @wsj announcement not mine. I feel like Huck Finn listening to his own eulogy. " Reports had claimed Blankfein could be leaving by the end of the year. The chief executive's successor will reportedly be one of the firm's two co-presidents. Blankfein has served in his current position since 2006.
Many consumers today prioritize social-minded businesses and food establishments when they decide where to spend their dollars. That's why the new app, Beam, has made social good the core of their business and mission.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
