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News Category: Companies

Nvidia CEO Jensen Huang Receives First Salary Raise in 10 Years

Nvidia CEO Jensen Huang Receives First Salary Raise in 10 Years

Nvidia CEO Jensen Huang receives a 49% base salary increase amid the company’s $2.94 trillion AI market dominance, reflecting growth-driven equity compensation and the firm’s leading role in global AI infrastructure.

Airbnb Shares Fall After Weak Q2 Revenue Forecast Revealed

Airbnb Shares Fall After Weak Q2 Revenue Forecast Revealed

Airbnb’s Q1 2025 results show modest revenue growth but declining net income, while a cautious Q2 forecast and rising costs highlight challenges in the competitive short-term rental market amid strategic shifts and AI integration.

Why Did Ireland Just Hit TikTok With a Massive €530 Million Fine Over EU Data?

Ireland fines TikTok €530 million for violating EU data protection laws by transferring user data to China, spotlighting GDPR compliance failures and signaling increased scrutiny on global tech companies’ cross-border privacy practices.

Meta Platforms Stock Surges 6% After Strong Earnings and Ad Growth

Meta Platforms Stock Surges 6% After Strong Earnings and Ad Growth

Meta Platforms surges 6% post-earnings, driven by strong ad revenue growth, 3.43 billion daily users, and strategic AI investments, despite regulatory challenges and a mixed outlook for its Reality Labs division.

Microsoft Stock Soars 7% After Earnings Beat and Cloud Growth

Microsoft stock surged 7% after a strong Q3 earnings beat, driven by 20% cloud revenue growth and AI investments. The company’s focus on cloud computing and AI positions it for continued innovation and market leadership.

Elon Musk’s xAI Eyes $20 Billion Funding at $120B Valuation

Elon Musk’s xAI Eyes $20 Billion Funding at $120B Valuation

Elon Musk’s xAI Holdings aims to raise $20 billion, potentially valuing the company at $120 billion. This major funding could boost AI innovation and strengthen its competitive edge in the rapidly growing artificial intelligence sector.

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