News - page 6

Finance & Economics

Israel Cyber Companies Raise $4 Billion

In 2024 Israeli cybersecurity companies raised investments, which totaled $4 billion and more than doubled the figure recorded in 2023.

Finance & Economics

US Trade Deficit Increases

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

Finance & Economics

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.

Finance & Economics

JPMorgan Chase Quits Net-Zero Banking Alliance

On Tuesday, January 7, JPMorgan Chase announced that it was leaving the Net-Zero Banking Alliance.

Finance & Economics

UK’s Long-Term Borrowing Costs Demonstrate Growth

On Tuesday, January 7, in the United Kingdom, the cost of borrowing showed an increase after the auction of 30-year Treasury gilts brought yields on the long-term bonds reached the highest level in almost three decades.

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.

Science & Technology

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.

Finance & Economics

UK Companies Plan Price Rises

The results of a survey by the British Chambers of Commerce showed that companies in the United Kingdom are currently planning to raise prices to cover higher tax payouts as business confidence has fallen to its lowest level since the fall of 2022 when the market was faced with a shock factor such as a […]

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.

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.

Society & Lifestyle

US Regulator Sues Berkshire Unit

The United States Consumer Financial Protection Bureau (CFPB) sued a lender owned by Warren Buffett’s Berkshire Hathaway, accusing it of pushing borrowers to take out unaffordable mortgages to purchase homes from Clayton Homes, Berkshire’s manufactured housing business.

Science & Technology

Global Chip Stocks Demonstrate Increase

Global semiconductor stocks on Monday, January 6, demonstrated growth after contract electronics giant Foxconn announced record fourth-quarter revenue, a testament that the so-called artificial intelligence boom has room to run.

Finance & Economics

German Inflation Demonstrates Growth

In Germany, inflation showed an increase in December which turned out to be higher compared to the initial expectations regarding the intensity of the dynamic of this indicator.

Science & Technology

CrowdStrike Recovers Lost Money

CrowdStrike chief executive officer George Kurtz said this company turned last year’s crisis into an opportunity.

Fintech & Ecommerce

Fintechs Ramp Up Advertising Spending

Advertising has long ceased to be something unusual as a kind of social and, at the same time, in a sense, an economic phenomenon from the point of view of its own existence as a factor impacting the commercial performance of individual industries and brands, which means that people are accustomed to the fact that […]

Fintech & Ecommerce

Barclays Reveals 2024 Financial Scam Statistics

In 2024, one in five consumers fell victim to scams, with the majority affected online, says Barclays fresh report.