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US Plans to Ban on Chinese Connected Vehicles
News

US Plans to Ban on Chinese Connected Vehicles

The administration of the President of the United States Joe Biden plans to finalize rules next week aimed at cracking down on Chinese vehicle software and hardware.

US Job Growth Beats Expectations
Finance & Economics

US Job Growth Beats Expectations

In the United States, an unexpected acceleration in job growth was recorded in December.

Bank of America Bonuses for Investment Bankers Reportedly to Rise About 10%
Finance & Economics

Bank of America Bonuses for Investment Bankers Reportedly to Rise About 10%

Bank of America’s bonus pool for investment bankers is likely to increase by 10% for last year.

Fed’s Susan Collins Supports Gradual Approach to Rate Cuts
News

Fed’s Susan Collins Supports Gradual Approach to Rate Cuts

Federal Reserve Bank of Boston President Susan Collins said on Thursday, January 9, that significant uncertainty about the outlook requires the United States financial regulator to take a cautious approach in the context of making decisions about cutting interest rates.

Fed’s Christopher Waller Supports Further Cuts
Finance & Economics

Fed’s Christopher Waller Supports Further Cuts

Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool towards the United States central bank’s 2% target.

Intel Says New Laptop Chips to Extend Computer Battery Life
News

Intel Says New Laptop Chips to Extend Computer Battery Life

Intel Corp., which is currently symbolically and practically fighting for its place in the sun in the global technology sector and in the notebook processor market particularly, where its position in terms of competitiveness has faced the prospect of a significant weakening in recent years amid increased competition, said that the new range of chips […]

Qualcomm’s New Chips to Bring AI to $600 Personal Computers
Science & Technology

Qualcomm’s New Chips to Bring AI to $600 Personal Computers

Qualcomm Technologies Inc. announced the Snapdragon X Platform, the fourth platform in its portfolio of Snapdragon X computing systems designed to deliver performance, multi-day battery life, and Copilot+PC experiences for even more users worldwide.

AWS to Invest $11 Billion in Georgia
Science & Technology

AWS to Invest $11 Billion in Georgia

Amazon Web Services (AWS), backed by local leaders, has announced plans to invest an estimated $11 million to expand its infrastructure in Georgia.

Donald Trump Announces $20 Billion Plan to Build New Data Centers
News

Donald Trump Announces $20 Billion Plan to Build New Data Centers

President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.

Landmark Tax Ruling: Bitcoin Investor Ordered to Surrender Crypto Keys
News

Landmark Tax Ruling: Bitcoin Investor Ordered to Surrender Crypto Keys

The landmark ruling came after the Bitcoin investor failed to report large gains from cryptocurrency trading.

US Trade Deficit Increases
News

US Trade Deficit Increases

In November, an increase in the trade deficit was recorded in the United States.

AI Startups Drive VC Funding Resurgence
News

AI Startups Drive VC Funding Resurgence

According to data that was published by PitchBook on Tuesday, January 7, artificial intelligence startups have made significant contributions to the recovery of United States venture capital funding from market lows.

Dell Unveils Apple-Like Rebrand
Science & Technology

Dell Unveils Apple-Like Rebrand

Dell Technologies Inc. is rebranding its personal computers in a manner reminiscent of Apple Inc. naming conventions in an effort to boost consumer demand.

Nvidia Releases Gaming Chips
News

Nvidia Releases Gaming Chips

Last Monday, January 6, Nvidia revealed new chips for desktop and laptop personal computers using the same Blackwell architecture underpinning the company’s fastest artificial intelligence processors for servers and data centers.

Wall Street Reportedly Prepares to Private Equity-Fueled IPO Revival
Finance & Economics

Wall Street Reportedly Prepares to Private Equity-Fueled IPO Revival

The media reported that Wall Street banks are currently preparing for a rebound related to private equity companies turning to the equities markets to offload some of their high-profile holdings.

Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales
Fintech & Ecommerce

Salesforce Data Shows AI-Powered Shopping Boosts Online Holiday Sales

Salesforce has released a report stating that chatbots powered by artificial intelligence helped consumers purchase and return products during the 2024 holiday season, boosting online sales in the United States by almost 4% year-on-year.