Apple's getting a 12 Core M3!

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What’s Hot. WWE star Randy Orton's wrestling career may be over due to a severe back injury. Doctors may advise against his return, potentially leaving him sidelined indefinitely. Despite an illustrious career with 14 world championships, Orton's future remains uncertain, but there is hope for a potential comeback down the road.

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💰Wells Fargo Agrees to $1 Billion Settlement with Shareholders over Scandal Recovery

Wells Fargo will pay a $1 billion settlement for defrauding shareholders about recovery from customer mistreatment scandals, leading market value drop of $54 billion over two years ending in March 2020 as the shortcomings became known. This comes after operating under regulatory orders since 2018. Wells Fargo's CEO, Charlie Scharf, admitted previous failings, stating, "Today, we approach these issues differently," signaling potential change for the embattled bank.

🤑US Consumer Debt Surges to Record $17 Trillion as Mortgage Demand Slows

In Q1 2023, US consumer debt hit $17.05 trillion, a new high, despite decreased home borrowing due to rising mortgage rates, says the New York Fed. Despite this, debt from credit cards, auto, and student loans increased. Andrew Haughwout from the Fed warns, "The mortgage refinancing boom is over," marking a notable shift in consumer financial behavior.

⚔️Ukraine Fends Off "Exceptional" Russian Missile and Drone Attack on Kyiv

Kyiv, under "exceptional" aerial attack from Russian drones and missiles, successfully repelled the onslaught, shooting down all 18 missiles. Despite injuries and damage, Kyiv remains resilient. Concurrently, Ukrainian President Zelenskyy returned from Europe with new pledges of "important and powerful" military support. The conflict's escalation and Ukraine's strengthened resistance mark a crucial juncture in this crisis.

⚡ECB Expected to Raise Rates Twice More as Inflation Persists: Reuters Survey

Economists predict two more 25 basis point hikes by the European Central Bank (ECB), potentially reaching a 3.75% deposit rate by July, amid high inflation. Despite this, the ECB maintains its independence from the Federal Reserve's actions. Continued inflation could push rates higher, making inflation trajectory a key consideration in shaping ECB's policy direction.

🍎Apple's 12-Core M3 Chip Aims to Revive Mac Sales with Improved Performance and More RAM

Apple is reportedly developing a 12-core M3 Pro chip with 36GB RAM to revive Mac sales. Bloomberg's Mark Gurman suggests the M3's improved CPU and graphics cores may "entice customers back to the lineup." As anticipation builds for Apple's WWDC event, Gurman predicts M3 Macs could arrive by late 2023 or early 2024, with Apple already working on M3-based iMacs, MacBook Pros, and MacBook Airs.

👍EU Approves Microsoft's $69B Acquisition of Activision Blizzard, Despite UK Rejection

EU approved Microsoft's $69 billion Activision Blizzard acquisition, despite UK's blockage. Microsoft's proposed remedies, including allowing Activision games on any cloud platform, helped secure approval. Yet, hurdles remain as Microsoft must convince the US FTC about the deal's fairness. "We'll meaningfully expand our EU investment," stated Activision's CEO, Bobby Kotick.

🎹The Weeknd Rebrands as Abel Tesfaye, Embracing Authenticity and New Ventures 

The Weeknd, aka Canadian musician Abel Tesfaye, is shedding his stage name, updating his social media accounts to reflect his birth name. Tesfaye told W Magazine his upcoming album would be his "last hurrah as the Weeknd," and he's "trying to shed that skin and be reborn." Tesfaye is set to make his TV debut in the HBO drama The Idol, which he co-created with Euphoria creator Sam Levinson.

🏃Peacock will exclusively carry the NFL playoff game

NFL playoffs will stream exclusively on Peacock, a first in NFL history. This is part of the NFL's strategy to embrace digital platforms, following successful partnerships with Amazon. The exact terms of the deal are undisclosed, but NFL anticipates a wider audience reach through Peacock. Whether the platform will match previous viewership numbers is yet to be seen.

💵Over alleged sexual assault Rudy Giuliani is sued for $10 million by former aide

Noelle Dunphy is suing Rudy Giuliani, Trump's former lawyer, for alleged sexual assault and unpaid wages, seeking $10 million. Dunphy alleges her job hinged on satisfying Giuliani's "sexual demands.", creating a hostile environment. Giuliani "unequivocally denies" the allegations. Dunphy was previously promised $1M annual pay, and now seeks justice against a man who she claims, believed his "power and connections rendered him untouchable."

📜Special Counsel Durham: FBI Shouldn't Have Launched Full Trump-Russia Probe, Report Says

Special counsel John Durham concluded the FBI shouldn't have initiated a full investigation into Trump's 2016 campaign and Russia, based on 'raw, unanalyzed, and uncorroborated intelligence.' His report conflicts with a 2019 Justice Department inquiry that found sufficient justification for the probe. Despite criticizing the FBI's conduct, Durham didn't recommend new charges or major changes to the FBI's practices.

🎆Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit by US Virgin Islands

Elon Musk, Tesla's CEO, has been subpoenaed by the U.S. Virgin Islands over its lawsuit against JPMorgan, accusing it of enabling Jeffrey Epstein's sexual abuses. It suggests Epstein referred Musk to JPMorgan, but Musk denies any advice from Epstein. The subpoena seeks any related documents and communication between Musk, Epstein, and JPMorgan, but doesn't imply wrongdoing by Musk.

On May 16, 1929, the first Academy Awards took place, honoring outstanding performances in the film industry. Janet Gaynor and Emil Jannings emerged victorious as the recipients of the Best Actress and Best Actor awards, marking the beginning of this prestigious cinematic

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