Nubank Approaches $1 Billion in Revenue
Brazilian neobank Nubank is confident that it will be able to become the largest financial services company in Latin America.
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SMIC’s Profit Exceeds Estimates
The quarterly profit of Semiconductor Manufacturing International Corp. (SMIC) exceeded preliminary expectations.
Meta to Detect and Label More AI-Created Posts
Meta Platforms Inc. will expand the scope of labeling publications that were created using artificial intelligence technology on social media platforms.
TSMC to Open Second Japan Chip Factory
Taiwan Semiconductor Manufacturing Co., one of the world’s largest chip makers, is expanding its presence in Japan.
Pay-to-Win, Play to Earn: Contrasting Gaming’s Most Profitable Competitive Models
The video game industry is growing, with global revenue projected to surpass $924 billion by 2032. Two influential monetization models that have emerged are “pay-to-win” and “play to earn” games.
Xi Jinping Reportedly to Discuss China Stocks With Regulators
The media reported that regulators intend to inform the head of the People’s Republic of China Xi Jinping about the stock market situation.
Kids Flown the Nest? How You Can Use Your Spare Time to Make Money Online
You wake up one morning, take a glance around your silent house, and realize the kids have finally flown the coop. Suddenly, you’re swimming in your free time. So, what’s next? Sure, you could pick up a new hobby or dive into volunteering, but if the idea of boosting your bank balance tickles your fancy, […]
Heroku is no longer free – are there any alternatives?
Heroku, a popular platform used by many programmers and developers from all over the world for web and app development has recently announced the shutdown of its free tier by November 28, 2022. On October 26, 2022, all inactive accounts will be removed from Heroku’s servers.
UBS Restarts Buybacks
UBS Group AG has announced its intention to resume share buyback in the current year.
Brite Payments Teams Up With Northe to Enhance EV Charging
Northe, a one-stop platform for electric vehicle (EV) charging, will now provide customers with a more streamlined payment process due to the partnership with Brite Payments, a Stockholm-based instant bank payments provider.
Microsoft Forms AI Partnership With Startup Semafor
Microsoft has launched a partnership in the artificial intelligence industry with a news startup called Semafor.
Sri Lanka Eyes $5 Billion in Foreign Funds
Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.
China’s Services Activity Expands at Slow Pace
In China, an increase in the level of activity in the local sphere of services was recorded last month, the intensity of which turned out to be lower than the indicator of preliminary expectations regarding this parameter of the functioning of the corresponding area.
EU to Advance AI Act
As France and Germany withdrew their objections to the AI Act, the EU can proceed with the next steps required for implementing the regulation.
Jeff Bezos Plans to Sell Up to 50 Million Amazon Shares
Jeff Bezos intends to sell up to 50 million shares of Amazon.com Inc. over the next 12 months.
India to Review Tax on Online Gaming
India intends to review the national sales tax regime for companies that operate in the sphere of online gaming after March of the current year.
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