Weather & Weak Demand Drive US PMIs Down To 10-Month Lows In February, But...

Musk Plans To Appeal After Jury Finds Him Liable To Twitter Shareholders Authored by Aldgra Fredly via The Epoch Times (emphasis ours), A federal jury on March 20 found tech billionaire Elon Musk liable for misleading Twitter shareholders by driving down the social media platform’s stock price months before acquiring it for $44 billion in 2022. The decision follows a civil class action lawsuit filed by Twitter investors in October 2022. Musk agreed to buy Twitter at $54.20 per share in April 2022 but later tried to back out of the deal,...

Intel Jumps On Report Google Placed 3 Million TPU Foundry Order After last week's sharp sell-off in chip stocks, the latest attempt to keep the AI bubble inflated comes from a report by The Information, which says Google has placed an order with Intel to manufacture more than 3 million Tensor Processing Units in 2028. Google's TPU order with Intel is a big win for the struggling chip foundry as it tries to rebuild its empire in advanced chip production and compete with Taiwan Semiconductor Manufacturing Company (TSMC). The Information's Qianer Liu...

Roblox Settles With 3 States Over Endangering Children, Will Pay $36 Million Authored by Naveen Athrappully via The Epoch Times, Online interactive gaming platform Roblox has agreed to settle with West Virginia, Alabama, and Nevada for a combined $35.78 million, committing to strengthen children’s safety through measures such as mandatory age verification and chat restrictions. Roblox reached an $11.08 million settlement with West Virginia. In an April 21 statement, the office of West Virginia Attorney General John B. McCuskey said that Roblox has agreed to “major child safety overhaul.” The settlement came...