Britain’s King Charles III is set to receive a significant pay raise of £45 million ($58 million) after profits at The Crown Estate more than doubled, reaching a staggering £1.1 billion ($1.4 billion) in 2023-24. These bumper profits have paved the way for a substantial increase in the taxpayer-funded Sovereign Grant, which supports the official
World
Wiz, a rapidly growing cloud security company, has shocked the tech world by walking away from a $23 billion deal to be acquired by Google. This decision, the largest-ever deal for Google, was announced in a memo to employees by Wiz co-founder Assaf Rappaport. The move was motivated by a combination of antitrust concerns and
The Asia-Pacific markets experienced a decline on Monday due to various factors impacting investor sentiment. The unexpected news of U.S. President Joe Biden dropping out of the presidential race and endorsing Vice President Kamala Harris as the Democratic nominee caused uncertainty in the markets. The subsequent rate cuts by China’s central bank added to the
In recent years, Berkshire Hathaway has been actively engaging in share buybacks as part of Warren Buffett’s strategy to reward long-term shareholders. This move has seen the conglomerate reduce a significant portion of its share count, amounting to nearly $75 billion worth of repurchases over the past five and a half years. Warren Buffett, widely
As the world is still trying to recover from the chaos caused by the faulty software update from CrowdStrike, malicious actors are taking advantage of the situation. Government cybersecurity agencies worldwide, including CrowdStrike CEO George Kurtz, are warning about new phishing schemes emerging post the outage. Attackers are pretending to be CrowdStrike employees or tech
An update released by cybersecurity firm CrowdStrike resulted in a significant outage on Friday, impacting businesses globally. CrowdStrike has since acknowledged the issue and is currently working on rolling back the update that triggered the problem. It is important to note that the outage was not the result of a hack or any malicious activity.
Germany is planning to decrease the funds allocated for strengthening partner states in the areas of security, defense, and stabilization in its 2025 budget. The draft budget shows a significant cut from 7.5 billion euros in 2024 to 4 billion euros in 2025, indicating a shift in priorities regarding international support. This reduction could have
Former U.S. President Donald Trump recently made headlines with his comments regarding Taiwan’s contributions to the United States. He suggested that Taiwan should pay for U.S. defense, citing that the country “doesn’t give us anything.” This controversial statement has sparked debate and raised questions about the relationship between the two nations. Trump’s comments were seemingly
The atmosphere was electric as former President Donald Trump made his grand entrance at the Republican National Convention in Milwaukee. Despite the bandage over his right ear from the recent assassination attempt, Trump exuded confidence and good spirits. The crowd erupted into cheers and chants of “Fight! Fight! Fight!” as he greeted the audience. Accompanying
The recent surge in the price of Bitcoin has been attributed to increased betting markets suggesting a higher chance of victory for Donald Trump in the U.S. presidential election. The world’s leading cryptocurrency saw a 6% increase, reaching $63,594.39, according to CoinGecko. The rally comes in the wake of a reported dramatic assassination attempt on
