Stripe Reportedly Plots $85 Billion Employee Share Sale
The media published information according to which Stripe is currently in talks about selling stocks of employees at an $85 billion valuation.
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Visa and Fold to Launch Credit Card
Visa and Fold have collaborated to launch a credit card that offers bitcoin rewards.
Workday Launches Tool for Managing AI Agent Fleets
Workday has launched a tool that helps companies manage their artificial intelligence agents.
DoorDash Says Digital Experiences Drive More Orders of Retail Goods
DoorDash announced an increase in the number of consumers who order from not only its initial offering-restaurants but also in new verticals that include a growing variety of retailers.
Lam Research to Invest Over $1 Billion in India
United States-based chip toolmaker company Lam Research said it will invest more than 100 billion rupees ($1.2 billion) in the southern Indian state of Karnataka in the next few years.
Donald Trump Readies Reciprocal Tariffs
On Wednesday, February 12, the trade advisors of the President of the United States, Donald Trump, were finalizing plans for the reciprocal tariffs.
Donald Trump Calls for Lower Interest Rates
President of the United States Donald Trump switched his position on the Federal Reserve System again, posting a message on social media on Wednesday, February 12, that interest rates need to come down.
Bank of America CEO Says About Inflation Impact on US Economy
Bank of America chief executive officer Brian Moynihan on Wednesday, February 12, said that the strong consumer spending in the United States in the current year means that the Federal Reserve System is likely to hold off on cutting its benchmark interest rate.
CVS Health Reports Earnings
On Wednesday, February 12, CVS Health published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, although this company still continues to face problems in its insurance business, seeing higher medical costs.
US Consumer Prices Demonstrate Growth
In the United States, inflation showed an increase in January, which exceeded preliminary expectations regarding the dynamic of this indicator.
Baidu CEO Says About AI Spend
Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.
Jerome Powell Tells Congress Fed Still in No Rush to Cut Rates
Federal Reserve Chairman Jerome Powell stated that the central bank of the United States holds the view that there is currently no reason for it to rush into making decisions on adjusting interest rates.
Donald Trump Raises Tariffs on Aluminum and Steel Imports
President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]
AI Funding Surges 62% Despite Overall Decline
In 2024, startup funding declined by a dozen percentage points, while investments into projects linked to innovative artificial intelligence (AI) skyrocketed, illustrating a 62% growth.
Mastercard and VikingCloud Develop Cybersecurity Solutions for SMBs
Mastercard, the payment industry giant, and VikingCloud, a global cybersecurity and PCI compliance company, are jointly developing cybersecurity solutions designed for small and medium-sized businesses.
Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI
On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.
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