Explained - page 14

News

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 […]

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.

Society & Lifestyle

DOT Fines JetBlue

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

News

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.

News

Infinant Raises $15 Million

Infinant raised $15 million in a Series A financing round.

News

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.

News

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 […]

News

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.

News

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.

News

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.

News

Boeing Shares Fall

The value of shares of Boeing is currently on a downward trajectory.

News

Xi Jinping Says China’s 2024 GDP Growth Set to Hit Target

The head of the People’s Republic of China, Xi Jinping, said that the economic system of this Asian country will show growth in 2024, which will amount to about 5%.

Science & Technology

Nvidia Reportedly Focuses on Robots

The media published information according to which Nvidia intends to pay active attention to the robotics sector against the background of the expected gradual increase in competition in the chip manufacturing sector.

Science & Technology

Google CEO Tells Employees to Gear Up for Big 2025

Google chief executive officer Sundar Pichai told employees last week that the stakes are high in 2025 as the company faces increasing competition and regulatory hurdles.

News

Bank Insiders Leaks Data on Client Accounts

Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.