Bitcoin Drops to 11-Day Low
On Monday, January 27, bitcoin dropped below $100,000, thus falling to its lowest level in the last 11 days.
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Fake DeepSeek Token Hits $48 Million Market Cap
The market capitalization of the Solana token carrying DeepSeek, the Chinese star of the artificial intelligence industry, which is currently being actively discussed in the global information space as a groundbreaking product in the AI area, briefly rose to $48 million.
Affirm Expands Cooperation With Liberty Mutual Investments
Buy Now, Pay Later (BNPL) lender Affirm Holdings has expanded the scope of its capital partnership with an investment company Liberty Mutual Investments (LMI).
Texas Instruments Gives Dour Q1 Profit Forecast
Texas Instruments has published a profit forecast for the first quarter of the current year, which turned out to be lower than analysts’ preliminary expectations regarding the dynamic of the corresponding indicator.
Bank of Japan Raises Interest Rates
On Friday, January 24, the Bank of Japan decided to raise interest rates to the highest level since the global financial crisis of 2008.
Citi Says Asian Tech Fundraising to Increase in 2025
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
SK Hynix Reports Earnings
South Korean company SK Hynix, one of the largest manufacturers of memory chips in the world, on Thursday, January 23, published information about its earnings for the fourth quarter of 2024.
Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil
More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.
OpenAI Introduces Operator
OpenAI takes the functionality of its chatbot ChatGPT to a new level.
Netflix Shares Hit Record
On Wednesday, January 22, the value of Netflix shares increased by 13%, reaching an all-time high after the streaming giant, betting heavily on sports, was able to add 18.9 million subscribers in the holiday quarter, reinforcing the already significant advantages of the brand over other industry players.
Ally Sells Credit Card Business to CardWorks
Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.
Capital One’s Card Purchase Volumes Demonstrate Growth
Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.
Oracle Launches AI Agents for Sales Professionals
Oracle on Tuesday, January 21, released a new set of artificial intelligence agents designed to help salespeople solve several tasks related to customer dealing.
Binance CEO Says Bitcoin to Hit New All-Time High in 2025
Binance chief executive officer Richard Teng, during a conversation with media representatives at the World Economic Forum in Davos, Switzerland, said that in the current year, the crypto market will reach a new historic high amid positive regulatory changes in the United States after the inauguration of Donald Trump.
Digital Payments Surge in Non-Metro Cities of India
The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.
Spain to Grant $155 Million to Help Companies Develop AI
The Spanish government intends to support the development of artificial intelligence, which is another example of the importance of AI as an advanced technology of modernity.
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