Business Insights

Trump Organisation’s former chief financial officer Allen Weisselberg has been sentenced to five months jail for tax fraud. Weisselberg, 75, will serve his sentence at the infamous Riker Island jail. He pleaded guilty to tax fraud in August stating that between 2005 and 2017 he and other executives received bonuses and perks that saved the […]

There are now eight billion humans on the planet according to a UN report. People are living longer as there is better access to health care, food, clean water and sanitation. The milestone of eight billion was announced in November 2022 and is described by UN Population Fund executive director Natalia Kanem as a “momentous […]

The dream of working from anywhere is fast becoming a fantasy for many as remote work jobs are dwindling. According to a new LinkedIn analysis more than 60 million job listing over the last two years have found that remote jobs were at its peak in March 2022 which accounted for more than 20% of […]

Twitter let go of a sizeable number of contract workers over the weekend (Jan 6/7) with some 4,400 of its 5,500 contract workers finding out they were retrenched when they lost access to Slack and other internal employee systems. According to a CNBC report full time employees and internal teams had no idea that contract […]

Sony and Honda unveiled their joint venture last year to develop and build electric cars and their new car is called Afeela. At a presentation during the Consumer Electronics Show, Sony Honda Mobility Chief Executive Yasuhide Mizuno revealed a prototype of the car. According to a CNN report the car is a mid-sized sedan, and […]

Billionaire Elon Musk is making history by becoming the first person to lose $200 billion in his personal fortune. The Tesla originator and Twitter proprietor have a net worth of $340 billion as of Nov. 2021, but his wealth nosedived to $137 million according to the Bloomberg Billionaire’s Index. $200 billion too much Musk was […]

According to a report on Insider, 10 of the of the world’s tech billionaires lost a combined amount of $575 billion in 2022 as tech stocks plummeted. A list of tech billionaires who lost money Steve Balmer, the former CEO Microsoft saw a loss of $19.4 billion and is currently worth $86.2 billion. The reason […]

Though Elon Musk is a billionaire he is finding himself in trouble after a San Francisco office landlord is suing social media giant Twitter for failure to pay rent. Twitter owed Columbia Property Trust, the building owner, nearly $136,260 in unpaid rent, and filed a lawsuit last Thursday. Twitter’s failure to pay rent was first […]

Billionaire Reid Hoffman of LinkedIn is found to be secretly funding E. Jean Carroll’s rape case against former President Donald Trump. The startling eleventh-hour revelations were exposed as a result of the antagonistic communication between lawyers for the distressed columnist and the fuming former president. Hoffman is a Silicon Valley entrepreneur who founded the professional […]

Investment billionaire Charlie Munger has something to say to the world. Stop complaining! Munger is a long time friend and investment partner of billionaire Warren Buffet. Munger said he doesn’t get why people today aren’t happier with what they have especially if one looks back at history. “People are less happy about the state of […]

Hershey, the chocolate manufacturer, is now facing a lawsuit in the US for allegedly selling products that contain detrimental levels of metal. The complaint instigated by Christopher Lazazzaro claims that the manufacturer deceived consumers by not revealing the quantities of lead and cadmium in three dark chocolate bars. “Chocolate Buyers beware” Mr. Lazazzaro asserted that […]

With Tesla stock down more than 10%, CEO Elon Musk urged employees to stay focused and not be overly concerned about the ongoing stock market turmoil. According to CNBC, Musk sent a company-wide email to employees in which he stated that Tesla must “demonstrate continued excellent performance” and that “long-term, I believe very much that […]

Consumers have been recently warned by the FBI not to use free public charging stations when they charge their cell phones as fraudsters can hack public chargers and can infect devices with malware thus giving hackers access to phones, tablets, or computers. In a Twitter message, it says to “Avoid using free charging stations in […]

PlayStation 3 hacker or the PS3 hacker, George Hotz just joined Twitter in late November and he has already thrown in the towel. The hacker who was brought in by Elon Musk said he has had it and has resigned. Hotz gained favour in Musk’s eyes when he bashed Twitter employees who refused to sign […]

A feature in the Twitter platform promoting suicide prevention hotlines and other safety resources used to offer help to those in need, but was removed by new owner Elon Musk. The #ThereIsHelp feature facilitates searches for support organizations in many countries related to mental health, HIV, vaccines, child sexual exploitation, COVID-19, gender-based violence, natural disasters, […]