Business

Every time you use Apple’s Safari browser on devices like the iPhone to search the web, it’s typically Google that processes your query. This is because most users don’t change their default search engine from Google. What’s less known is the hefty fee Google pays to secure this default spot: as of May 2021, Google was shelling out over $1 …

U.S. job creation experienced a notable slowdown last month, with only 175,000 jobs added in April, according to data from the Bureau of Labor Statistics released on Friday. This figure represents the smallest increase since October of the previous year and is a reaction to the Federal Reserve’s efforts to reduce demand and control rising inflation. The job growth deceleration …

BF Borgers, the independent accounting firm for Trump Media & Technology Group, has been hit with severe fraud charges by the Securities and Exchange Commission (SEC), which branded the firm a “sham audit mill.” This announcement was made public on Friday. While the SEC’s allegations did not implicate Trump Media, the owner of Truth Social, the firm BF Borgers was …

During a congressional hearing on Thursday, US intelligence officials expressed concerns that China and Russia are intensifying their military collaboration, with a particular focus on Taiwan. Lt Gen. Jeffrey Kruse, director of the Defense Intelligence Agency, indicated the serious implications of this partnership: “Bottom line is that basically, if we were to have a conflict with one, the chances are …

Polish authorities are currently investigating the Swiss branch of the state-run oil company PKN Orlen, following allegations of connections with Lebanon’s Hezbollah, as reported by Polish media. The scrutiny started after reports surfaced that Samer A., the former head of Orlen Trading Switzerland (OTS), may have ties to the Iran-supported group, an accusation he has refuted. The situation prompted Polish …

Former U.S. President Donald Trump has recently acquired an additional $1.6 billion in shares of Trump Media, as revealed in a recent regulatory filing. This new allotment, triggered by the company’s stock reaching certain price targets, added 36 million shares to Trump’s holdings, raising his total to over 114 million shares. As of the last reported stock closing price on …

Iran has imposed sanctions on various American and British individuals and organizations for their support of Israel in its conflict with Hamas. The Iranian foreign ministry announced these sanctions, which target prominent military figures such as General Bryan P. Fenton of the U.S. Special Operations Command and Vice Admiral Brad Cooper, along with British Defense Secretary Grant Shapps and other …

Samsung Electronics announced a significant rise in operating profit for the January-March quarter, with a tenfold increase driven by the expanding role of artificial intelligence technologies in boosting the computer memory chip market. The tech giant, a leader in semiconductors and smartphones, reported an operating profit of 6.6 trillion won ($4.8 billion), a sharp increase from the 640 billion won …