Bitcoin is getting more attention from traditional investors who are new to the digital asset world through US exchange-traded funds. The biggest cryptocurrency had a big jump on Friday when a report showed that US employment didn't grow as much as expected. This made people think that interest rates...
Read moreApple Inc., one of the biggest companies in the world, has made headlines with its latest move. The tech giant recently revealed its plans for a massive stock buyback program, setting a new record for the largest buyback ever announced in the United States. The company's board of directors...
Read moreMicrosoft CEO Satya Nadella has promised to invest $2.2 billion in Malaysia for digital infrastructure. This investment is part of Microsoft's strategy to focus on Asia's growing technology market. Over the next four years, Microsoft plans to use this money to build infrastructure for its cloud computing and artificial...
Read moreMicrosoft has announced a big investment in Indonesia to bring cloud services and artificial intelligence (AI) to the country. The company will be investing $1.7 billion over the next four years. This investment will include building data centers and expanding AI infrastructure in Indonesia. The CEO of Microsoft, Satya...
Read moreElon Musk, the CEO of Tesla Inc., surprised many by making a sudden visit to China on Sunday. He was there to seek approval for new driver-assistance software that could potentially help boost the carmaker's revenue. During his visit, Elon Musk met with Premier Li Qiang, who played a...
Read moreApple is working with OpenAI to bring new features to the iPhone. The two companies are talking about using OpenAI technology for the next iPhone operating system, iOS 18. This news comes after Apple had earlier discussions with OpenAI this year. The discussions between Apple and OpenAI are focused...
Read moreIn a recent development, Meta Platforms Inc., the parent company of Facebook, has received a stern warning from the European Union regarding the use of data related to users' sexual orientation. An adviser to the EU's top court has recommended blocking Meta from exploiting public information on individuals' sexual...
Read moreKorean companies are dominating the corporate dollar bond market, surpassing their Chinese counterparts with a record-breaking surge in issuance. Data compiled by Bloomberg reveals that dollar bond offerings from South Korea have seen a remarkable 17% increase, reaching an unprecedented $17.6 billion so far in 2024. This surge not...
Read moreMobvoi Inc., a Chinese artificial intelligence company supported by Google's parent company Alphabet Inc., faced a rough start on its first day of trading in Hong Kong. The stock price plummeted by as much as 22%, making it the third company this week to see a disappointing debut in...
Read moreIn a long-awaited development, creditors of the defunct Mt. Gox cryptocurrency exchanges are finally seeing progress in the return of their funds. The exchange, which famously collapsed in 2014 after losing approximately 850,000 bitcoins, is now closer to disbursing its remaining $9 billion worth of BTC holdings. Recent updates...
Read more
