News

President Trump has reportedly limited Elon Musk's authority to dismiss federal employees, sparking skepticism among the workforce and political circles. This move could potentially alter the dynamics within the Trump administration and the legal landscape surrounding Musk's role in the Department of Government Efficiency.

Rite Aid will pay $6.8 million to customers affected by a data breach involving hackers from the RansomHub group who impersonated an employee and compromised personal information of 2.2 million individuals. The settlement, preliminarily approved by a federal judge, allows impacted customers to claim up to $10,000 for documented losses as the company works to improve its digital security.

Amazon executives expressed skepticism over Microsoft's recent quantum computing claims, questioning the validity of their scientific paper and highlighting Microsoft's history of retracted papers in the field. Despite the skepticism, both companies acknowledge the potential of quantum computing but differ on the timeline for mainstream adoption.

YouTube star Jimmy Donaldson, known as MrBeast, is discussing a funding deal that could value his enterprises at around $5 billion, following major ventures that brought in over $400 million in revenue last year. Despite immense popularity, experts caution that MrBeast's viral-content-centered business model has potential challenges in profitability, liquidity, and sustainability.

Reddit has achieved the highest growth in ad revenue among social media platforms, with an expected yearly increase above 30%, outperforming TikTok and Instagram. Analysts attribute this growth to Reddit's unique community-driven environment, although integrating advertisements subtly remains a challenge.