News - page 48

Science & Technology

Nvidia Releases Gaming Chips

Last Monday, January 6, Nvidia revealed new chips for desktop and laptop personal computers using the same Blackwell architecture underpinning the company’s fastest artificial intelligence processors for servers and data centers.

Finance & Economics

UK Companies Plan Price Rises

The results of a survey by the British Chambers of Commerce showed that companies in the United Kingdom are currently planning to raise prices to cover higher tax payouts as business confidence has fallen to its lowest level since the fall of 2022 when the market was faced with a shock factor such as a […]

Finance & Economics

Wall Street Reportedly Prepares to Private Equity-Fueled IPO Revival

The media reported that Wall Street banks are currently preparing for a rebound related to private equity companies turning to the equities markets to offload some of their high-profile holdings.

Fintech & Ecommerce

Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales

Salesforce has released a report stating that chatbots powered by artificial intelligence helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by almost 4% year-on-year.

Society & Lifestyle

US Regulator Sues Berkshire Unit

The United States Consumer Financial Protection Bureau (CFPB) sued a lender owned by Warren Buffett’s Berkshire Hathaway, accusing it of pushing borrowers to take out unaffordable mortgages to purchase homes from Clayton Homes, Berkshire’s manufactured housing business.

Science & Technology

Global Chip Stocks Demonstrate Increase

Global semiconductor stocks on Monday, January 6, demonstrated growth after contract electronics giant Foxconn announced record fourth-quarter revenue, a testament that the so-called artificial intelligence boom has room to run.

Finance & Economics

German Inflation Demonstrates Growth

In Germany, inflation showed an increase in December which turned out to be higher compared to the initial expectations regarding the intensity of the dynamic of this indicator.

Science & Technology

CrowdStrike Recovers Lost Money

CrowdStrike chief executive officer George Kurtz said this company turned last year’s crisis into an opportunity.

Fintech & Ecommerce

Fintechs Ramp Up Advertising Spending

Advertising has long ceased to be something unusual as a kind of social and, at the same time, in a sense, an economic phenomenon from the point of view of its own existence as a factor impacting the commercial performance of individual industries and brands, which means that people are accustomed to the fact that […]

Fintech & Ecommerce

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.

Finance & Economics

Indian Startup Funding Witnesses 20% Growth

In 2024, the Indian startup ecosystem recovered strongly, with funding exceeding $12 billion across 993 deals.

Science & Technology

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.

Science & Technology

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.

Science & Technology

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.

Science & Technology

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.

Society & Lifestyle

DOT Fines JetBlue

The United States Department of Transportation has penalized JetBlue Airways for $2 million for flight delays.