The Taiwanese company Foxconn, which is the world’s largest electronics manufacturer and assembler of Apple’s iPhone smartphones, on Sunday, May 5, released information about its record sales results for April of the current year and confirmed expectations for revenue growth for the second quarter of 2024.
An optimistic indicator amidst inflation and economic volatility is that small business (SMB) owners are confident about their businesses’ resilience, even as economic challenges remain pressing.
Boston Consulting Group’s report shows that 72% of asset managers consider GenAI to have a significant or transformative impact on the industry, but only 16% have fully defined an implementation strategy.
“The 2024 BitPay Spending Report” showed 20% growth in crypto payments from January to March 2024, with certain sectors showing more impressive results.
BlueSnap and its former CEO settled with the Federal Trade Commission (FTC) for knowingly processing payment transactions for deceptive and fraudulent companies.
Zopa Bank has announced that it has managed to amass customer deposits of 4 billion pounds.
Microsoft has banned police departments from using its Azure OpenAI service for facial recognition.
The United States economy added fewer jobs in April than initially expected.
The Rue21 mall staple, which specializes in activities for the sale of clothing for teenagers, will stop its business in the coming weeks and close all its 540 stores.
Last Thursday, May 2, Apple released information about its financial results for the first quarter of 2024 and announced a record share buyback.
The company Anthropic, which operates in the artificial intelligence industry, announced the launch of its first smartphone app and a new enterprise subscription plan.
The Organisation for Economic Co-operation and Development (OECD) stated that the outlook of the global economic system is improving.
Wealth management startup Altruist has announced that it has managed to raise $169 million in investment funds.
The Hong Kong economy in the first quarter of the current year demonstrated growth rates that significantly exceeded preliminary expectations for the dynamic of the corresponding indicator.
Federal Reserve Chairman Jerome Powell, still at the level of hypothetical assumptions, does not deny the likelihood that at some point during the current year, a decision will be made on cutting interest rates, but at the same time recognizes the fact that the circumstances of the external environment are not absolutely favorable for lowering […]
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