Report - page 28

News

DOT Fines JetBlue

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

Finance & Economics

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

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.

News

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.

News

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.

Fintech & Ecommerce

Infinant Raises $15 Million

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

Finance & Economics

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

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.

Science & Technology

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.

Finance & Economics

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.

Finance & Economics

Boeing Shares Fall

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

Finance & Economics

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.

News

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.