Powerball Jackpot After Taxes Cut $1.1 Billion Prize Nearly in Half

Powerball jackpot after taxes showing reduced lump sum payout from $1.1 billion prize

The Powerball jackpot after taxes would leave a potential winner with hundreds of millions of dollars, but far less than the eye catching $1.1 billion headline suggests.  After no tickets matched all six winning numbers in Saturday night’s drawing, the jackpot rolled over, raising fresh questions about how much money a winner would actually receive … Read more

Rivian autonomous driving push expands with new hands free system and Level 4 roadmap

Rivian autonomous driving features expand as the EV maker unveils a hands-free system and a long-term plan for Level 4 capability.

PALO ALTO, Calif. — Electric vehicle maker Rivian unveiled an aggressive path toward expanded autonomous capabilities on Thursday, detailing a series of new tools and long term plans that the company said could reshape how drivers use and share their cars.  CEO RJ Scaringe presented the strategy at an event in Palo Alto, calling it … Read more

Broadcom stock drops after strong earnings as AI demand fuels revenue surge

A professional image of the Broadcom corporate building featuring the company logo, used in coverage related to Broadcom stock performance and earnings.

Broadcom stock turned lower late Thursday despite the semiconductor giant reporting stronger than expected fourth quarter results and issuing an upbeat revenue outlook driven by accelerating demand for artificial intelligence hardware.  The company’s earnings topped Wall Street estimates and highlighted rapid growth in custom AI accelerators and networking chips. The Palo Alto based company reported … Read more

Disney OpenAI deal: Media giant invests $1 billion to open Sora access to iconic characters

Disney OpenAI Deal Partnership Announcement

The Walt Disney Co. announced Thursday that it will make a $1 billion equity investment in OpenAI and enter a broad three year licensing partnership that will allow users of the Sora video generation app to create content using more than two hundred Disney, Marvel, Pixar and Star Wars characters.  The landmark Disney OpenAI deal … Read more

US seizes Venezuelan oil tanker, raising tensions and impacting global oil markets

Washington – The United States seized a sanctioned Venezuelan oil tanker off the coast of Venezuela on Wednesday, President Donald Trump said, marking a significant escalation in US Venezuelan tensions and sending global oil prices higher. “We’ve just seized a tanker on the coast of Venezuela, large tanker, very large, largest one ever, actually, and … Read more

Oracle stock sinks after revenue miss raises new concerns over AI driven growth

A professional stock market scene showing Oracle’s logo on a laptop beside a sharp downward red line, representing financial decline as Oracle stock sinks after a revenue miss

Oracle stock sinks more than 10 percent in after hours trading Wednesday after the technology giant reported quarterly revenue that fell short of Wall Street expectations.  Raising new concerns about the stability of the current AI boom and Oracle’s heavy dependence on major partners to drive growth. Oracle stock sinks appears as investors reassessed the … Read more

Sophie Kinsella death shocks literary world as ‘Shopaholic’ creator dies at fifty five

Sophie Kinsella Death Confessions of a Shopaholic Author

LONDON — Madeleine Wickham, the British novelist known globally under her pen name Sophie Kinsella, died at age fifty five, her family announced Tuesday.  The Sophie Kinsella death has drawn an outpouring of tributes from readers, authors and film collaborators who credited her with redefining contemporary romantic comedy literature. Wickham revealed in April 2024 that … Read more

Trump election defeat as Miami voters choose historic Democratic mayor

MIAMI — Democrat Eileen Higgins has won the mayoral race in Miami, becoming the first woman to lead the city and ending nearly three decades of Republican dominance.  The election marked a notable political setback for former President Donald Trump, whose policies on immigration and law enforcement were central issues in the campaign. Miami, a … Read more