Report - page 6

Blockchain & Crypto

Frax Partners Launches New Stablecoin

Decentralized stablecoin cryptocurrency protocol Frax Finance has launched a new stablecoin, which it claims provides unprecedented indicators in terms of parameters such as transparency and custody.

News

Infinant Raises $15 Million

Infinant raised $15 million in a Series A financing round.

Finance & Economics

Singapore’s Economic Growth Surpasses Estimates

Singapore has reported economic growth in the last three months of 2024, the pace of which exceeded preliminary expectations regarding the intensity of the dynamic of this indicator.

Science & Technology

Apple Agrees to Pay $95 Million to Settle Siri Privacy Lawsuit

Apple has agreed to pay $95 million in cash to settle a proposed class action lawsuit alleging that the technology giant’s voice-activated Siri assistant violated user privacy.

Science & Technology

Silicon Valley Stifles AI Doom Movement

Over the past few years, some experts in the technology area, with varying degrees of anxiety contained in their statements and assumptions, have been warning that advanced artificial intelligence systems could become a threat to humanity, but these are just hypothetical scenarios, the potential implementation of which does not exactly belong to the category of […]

News

China’s Factory Activity Growth Misses Expectations

The growth of factory activity in China in December showed a pace that turned out to be lower than the preliminary expectations of experts and became clear evidence that the stimulus measures imposed in the second half of 2024 are not enough to significantly boost the economic system of this Asian country.

Finance & Economics

South Korea Export Growth Rebounds

In December, South Korean exports showed an acceleration in growth, exceeding preliminary market expectations and ending 2024 with record indicators, as evidenced by trade data released on Wednesday, January 1, which does not negate the risks relevant for 2025.

Finance & Economics

Macau 2024 Casino Revenues Top Official Estimate

Casino revenues in Macau, the world’s largest gambling hub, grew by almost 25% last year, but at the same time remains below the levels seen before the coronavirus pandemic.

Science & Technology

Alibaba Slashes Prices on Large Language Models

Last Tuesday, December 31, Chinese technology and e-commerce giant Alibaba announced an up 85% price cut for its large language models.

News

World’s 500 Richest People Surpass $10 Trillion in Wealth

In 2024, the overall wealth of 500 of the richest people in the world showed growth.

Finance & Economics

Boeing Shares Fall

The value of shares of Boeing is currently on a downward trajectory.

News

Xi Jinping Says China’s 2024 GDP Growth Set to Hit Target

The head of the People’s Republic of China, Xi Jinping, said that the economic system of this Asian country will show growth in 2024, which will amount to about 5%.

News

Nvidia Reportedly Focuses on Robots

The media published information according to which Nvidia intends to pay active attention to the robotics sector against the background of the expected gradual increase in competition in the chip manufacturing sector.

News

Google CEO Tells Employees to Gear Up for Big 2025

Google chief executive officer Sundar Pichai told employees last week that the stakes are high in 2025 as the company faces increasing competition and regulatory hurdles.

Finance & Economics

Bank Insiders Leaks Data on Client Accounts

Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.

Finance & Economics

Goodman Group Shines Among Australian Property Companies

Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.