India’s Quarterly Economic Growth Slumps to Near Two-Year Low
In the second fiscal quarter, which ended in September, the Indian economy showed growth of 5.4% year-on-year.
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US Reportedly Preps New China Chip Curbs
The media reported that the administration of the President of the United States Joe Biden is currently considering additional restrictions on the sale of semiconductor equipment and artificial intelligence memory chips to China.
Argil Raises $5.2 Million
Argil has closed a seed round supporting its virtual platform powered by artificial intelligence, which helps businesses, educators, and creators to produce videos.
German Government Plans New Chip Subsidies
The German government is currently preparing new investments in the country’s semiconductor industry two months after Intel Corp. shelved intentions related to the construction of a chip manufacturing plant worth 30 billion euros ($32 billion) in Magdeburg.
Amazon S$2B Investments Into Singapore Businesses Creates Over 10,000 Indirect Jobs
Amazon invested over S$2 billion in Singapore in 2023, driving over 10,000 indirect jobs for the market and supporting thousands of local businesses.
FTC Reportedly Opens Antitrust Probe Into Microsoft
In the United States, the Federal Trade Commission (FTC) has launched an antitrust investigation into Microsoft, which drilled all aspects of the technology giant’s activities, including, among others, business related to cloud computing, software licensing, functional solutions in the cybersecurity area and artificial intelligence products.
Australia Passes Social Media Ban for Children Under 16
Australia on Thursday, November 28, passed a law banning social media for children under the age of 16 after an active and high-profile public resonance, which has become one of the most discussed topics in the country.
GCash Weighs Record IPO
Philippine fintech platform GCash is reportedly considering an initial public offering (IPO) that can potentially raise between $1 billion and $1.5 billion in the second half of 2025.
How to Avoid Phishing Scams
You can’t avoid being targeted by scammers, but you can and should avoid getting caught on a phishing hook
Goldman Sachs Says Increase of Tariffs to Boost US Inflation
Goldman Sachs suggests that the latest tariff proposal by Donald Trump, who won the United States presidential election in November, will become a factor of upward pressure on inflation in the US.
JPMorgan Chase Upgrades Mexican Equities
JPMorgan Chase upgraded Mexican equities to overweight from neutral amid strong economic growth in the United States.
HSBC Launches New Platform
HSBC has launched a platform for managing domestic and international business payment transactions.
HP Forecasts Profit Below Estimates
Last Tuesday, November 26, HP released a forecast for its profit in the first quarter of fiscal year 2025, which turned out to be lower than Wall Street’s preliminary expectations and is evidence of unstable consumer demand in the personal computer market and caused the value of the company’s shares to fall by 8% during […]
Dell Reports Earnings
Dell Technologies on Tuesday, November 26, released information about its earnings for the third quarter of fiscal year 2025 and a forecast for financial indicators for the next quarter, which turned out to be below Wall Street’s preliminary expectations, despite the optimistic statements of this company regarding the growth of artificial intelligence sales.
Mistral AI Reportedly Eyes US Expansion
The media reports that currently the French startup Mistral AI, which operates in the artificial intelligence industry, is stepping up its expansion efforts in the United States to compete with technology giants based in Silicon Valley.
Cardless Raises $30 Million
Cardless raised investments worth $30 million as part of the funding round.
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