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.
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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.
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.
Apple Agrees to Pay $95 Million to Settle Siri Privacy Lawsuit
Apple has agreed to pay $95 million in cash to settle a proposed class action lawsuit alleging that the technology giant’s voice-activated Siri assistant violated user privacy.
Silicon Valley Stifles AI Doom Movement
Over the past few years, some experts in the technology area, with varying degrees of anxiety contained in their statements and assumptions, have been warning that advanced artificial intelligence systems could become a threat to humanity, but these are just hypothetical scenarios, the potential implementation of which does not exactly belong to the category of […]
Alipay Adds AI Image Search
Alipay, the payment app owned by fintech giant Ant Group, has launched a new feature powered by artificial intelligence.
China’s Factory Activity Growth Misses Expectations
The growth of factory activity in China in December showed a pace that turned out to be lower than the preliminary expectations of experts and became clear evidence that the stimulus measures imposed in the second half of 2024 are not enough to significantly boost the economic system of this Asian country.
South Korea Export Growth Rebounds
In December, South Korean exports showed an acceleration in growth, exceeding preliminary market expectations and ending 2024 with record indicators, as evidenced by trade data released on Wednesday, January 1, which does not negate the risks relevant for 2025.
Macau 2024 Casino Revenues Top Official Estimate
Casino revenues in Macau, the world’s largest gambling hub, grew by almost 25% last year, but at the same time remains below the levels seen before the coronavirus pandemic.
Alibaba Slashes Prices on Large Language Models
Last Tuesday, December 31, Chinese technology and e-commerce giant Alibaba announced an up 85% price cut for its large language models.
World’s 500 Richest People Surpass $10 Trillion in Wealth
In 2024, the overall wealth of 500 of the richest people in the world showed growth.
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