Tesla CEO Elon Musk is once again wealthier than Meta CEO Mark Zuckerberg, and that’s thanks to Meta’s recent market capitalization loss. Read more...

AbbVie raised its full year profit guidance today, even as sales of its flagship medication have continued to fall. Read more...

Thanks to data privacy concerns, Chinese officials are reportedly telling hotels in Beijing, Shanghai, Shenzhen, and Hangzhou to stop scanning their guests’ faces.Read more...

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman that has seen rapid growth, is now running low onorbs — the devices used for iris scans in exchange for tokens. Worldcoin has decided to increase Orb production to meet high demand and logistical challenges. Read more...

Hertz is ditching more of its fleet of electric vehicles, which it says are unreliable and more expensive than gas-guzzlers, as it reports a $392 million loss for the first quarter of 2024.Read more...

Shoppers are purchasing name-brand beauty products again, and that’s lifting sales at consumer goods company Unilever. The London-based Unilever this week reported a 4.4% increase in sales during the first quarter of 2024, surpassing analysts’ expectations of a 3.5% rise.Read more...