Barclays Reveals 2024 Financial Scam Statistics
In 2024, one in five consumers fell victim to scams, with the majority affected online, says Barclays fresh report.
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Indian Startup Funding Witnesses 20% Growth
In 2024, the Indian startup ecosystem recovered strongly, with funding exceeding $12 billion across 993 deals.
Shipments to China of Foreign-Branded Smartphones Decline
Shipments to China of smartphones from foreign brands in November fell by 47.4% compared with a year ago, according to data published in the current week by the research company affiliated with the government of the Asian country.
China Proposes New Export Curbs on EV Technology
China is currently considering restricting exports of technologies used for extracting minerals, which are critical to the growth of the global electric vehicle industry.
Baidu Founder Predicts Boom in AI Apps in 2025
Robin Li, founder of Baidu, a pioneer in the area of artificial intelligence in China, said that in 2025, the number of apps powered by AI will show exponential growth.
Microsoft Plans to Invest $80 Billion on AI-Enabled Data Centers
Microsoft plans to invest about $80 billion in the development of data centers for training artificial intelligence models and deployment of AI and cloud-based apps in fiscal 2025.
DOT Fines JetBlue
The United States Department of Transportation has penalized JetBlue Airways for $2 million for flight delays.
Joe Biden Blocks Sale of U.S. Steel to Japan’s Nippon Steel
President of the United States Joe Biden on Friday, January 3, officially blocked Nippon Steel’s proposed purchase of U.S. Steel in the framework of the deal worth $14.9 million.
Tesla Shares Fall Amid First Drop in Annual Deliveries
Last Thursday, January 2, Tesla published a report on the production and deliveries of vehicles for the fourth quarter of 2024 and the entire last year.
OfBusiness Launches Nexizo: AI-Driven Platform for Empowering Indian SMEs
OfBusiness introduced Nexizo.AI, an AI-empowered platform designed to enhance growth and efficiency for small and medium enterprises (SMEs) operating in India, particularly in the infrastructure and manufacturing sectors.
Nvidia Sees Biggest Market Gains in 2024 Fueled by AI Demand
A surge in Nvidia’s market cap value is largely attributed to the high demand for the company’s AI-focused chips, which are integral to various innovative applications.
KuCoin Launches Crypto Payment Solution
KuCoin exchange has introduced a KuCoin Pay merchant solution aimed at integrating crypto payments into the retail sector.
E-Commerce Trends 2025
What does online shopping have in store for consumers next year? As bricks-and-mortar sales still prevail, how can e-commerce win a fairer share in shoppers’ hearts? Let’s take a look at e-commerce trends expected in 2025 to find out.
Frax Partners Launches New Stablecoin
Decentralized stablecoin cryptocurrency protocol Frax Finance has launched a new stablecoin, which it claims provides unprecedented indicators in terms of parameters such as transparency and custody.
Infinant Raises $15 Million
Infinant raised $15 million in a Series A financing round.
Singapore’s Economic Growth Surpasses Estimates
Singapore has reported economic growth in the last three months of 2024, the pace of which exceeded preliminary expectations regarding the intensity of the dynamic of this indicator.
