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Science & Technology

Foxconn Posts Record April Sales

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.

Finance & Economics

SMB Survey Indicates Financial Resilience

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.

Finance & Economics

GenAI Is Strategic Priority for 66% of Asset Managers

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.

Blockchain & Crypto

BitPay Report Reveals Increased Crypto Consumer Spending

“The 2024 BitPay Spending Report” showed 20% growth in crypto payments from January to March 2024, with certain sectors showing more impressive results.

Fintech & Ecommerce

BlueSnap Reaches $10 Million Settlement With FTC

BlueSnap and its former CEO settled with the Federal Trade Commission (FTC) for knowingly processing payment transactions for deceptive and fraudulent companies.

Blockchain & Crypto

Vodafone Looks to Link SIM Cards to Blockchain

Telecom provider Vodafone plans to integrate blockchain technology and cryptocurrency wallets into smartphone SIM cards.

Finance & Economics

Zopa Bank Reports £4 Billion in Customer Deposits

Zopa Bank has announced that it has managed to amass customer deposits of 4 billion pounds.

News

Microsoft Bans Police Departments From Using AI Service for Facial Recognition

Microsoft has banned police departments from using its Azure OpenAI service for facial recognition.

News

JPMorgan Unveils IndexGPT

JPMorgan Chase & Co. presented IndexGPT.

News

April US Job Growth Totals 175,000

The United States economy added fewer jobs in April than initially expected.

News

Rue21 Files for Bankruptcy

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.

Articles

Exploring New Cruise Destinations in 2025

As the travel industry continues evolving and adapting to changing preferences and trends, cruise enthusiasts are constantly seeking new and exciting destinations to explore. In 2025, the world of cruising promises to offer many fresh and intriguing options for travelers looking to satisfy their wanderlust. From exotic tropical islands to history-rich European cities, the possibilities […]

Science & Technology

Apple Plans $110 Billion Share Buyback

Last Thursday, May 2, Apple released information about its financial results for the first quarter of 2024 and announced a record share buyback.

Articles

Navigating the Digital Economy: Trends in Online Payment Systems

With the advancement of IT technology, online payments have become an integral part of Americans’ lives. It is now easy to buy coffee, transfer money, run an online business, or manage cryptocurrency portfolios — all available in a couple of clicks.

Articles

AI and the Future of Day Trading

The world of day trading has always been an exciting and high-stakes game. Traders analyze market trends, study charts, and make split-second decisions that can make or break their profits.

Articles

Building Your Crypto Wallet: A Beginner’s Guide

Venturing into the world of cryptocurrencies begins with a crucial step: creating a reliable crypto wallet. This guide is tailored for beginners to emphasize the importance of security, user-friendliness, and versatility in managing your digital assets. By understanding these elements, you can make informed decisions that enhance your experience in the crypto space.