Report - page 24

News

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.

News

Ally Sells Credit Card Business to CardWorks

Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.

News

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.

Science & Technology

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.

Blockchain & Crypto

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.

Fintech & Ecommerce

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.

Science & Technology

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.

News

Bank of Japan Reportedly to Raise Rates to Highest in 17 Years

The Bank of Japan is expected to decide on raising interest rates on Friday, January 24, if there are no global shocks on the market by then.

Finance & Economics

South Korea Braces for Donald Trump’s Policies With Biggest-Ever Export Finance Support

South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.

News

TSMC Expects Its Chips Act Funding to Continue Under Donald Trump

In the past, the President of the United States, Donald Trump, has accused Taiwan of stealing his country’s chip industry, but Taiwan’s largest microcircuits company is confident that Mr. Trump’s administration will continue funding its projects in the US.

News

Donald Trump Reportedly to Hold Off on Immediate China Tariffs

The media, citing insiders, published information according to which US President-elect Donald Trump will not unveil tariffs on goods imported from China on his first day in office.

News

Barclays Estimates AI Could Triple US Data-Centre Usage by 2030

Barclays’ recent report projects that data-centre usage will likely triple due to the rapid AI growth by 2030. The firm’s estimates are notably higher than the current sustainable consensus, raising questions about the potential implications of AI development for global efforts to reduce greenhouse gas emissions.

Fintech & Ecommerce

Citi GPS Identifies Agentic AI as a Transformative Force in Finance

A recent Citi GPS report reveals a significant rise in venture capital funding for autonomous AI startups, as the game-changing agentic AI technology attracted record investments in 2024.

News

Survey Shows Japan Companies Prepares for Donald Trump Tariffs

Most Japanese companies that have operations in the United States are currently preparing for possible additional tariffs after the inauguration of US President-elect Donald Trump.

News

ILO Says Global Unemployment to Hold Near Historical Low of 5%

The International Labor Organization published a report this week, which contains information that the global unemployment rate last year was steady at a historic low of 5%.

Science & Technology

Perplexity AI Acquires Read.cv

Perplexity AI, an artificial intelligence-powered search engine, acquires Read.cv, a social media platform for professionals that competed with Linkedln.