In a recent move, First Citizens Bancshares, a North Carolina-based bank, has announced its acquisition of Run on Lender (RoL), a California-based fintech lender that specializes in small business loans. This acquisition comes just months after Silicon Valley Bank (SVB) also announced its acquisition of the fintech lender, marking...
Read moreJack Ma's retreat from the spotlight has raised concerns about the state of private enterprise in China. In late 2020, Jack Ma, the billionaire founder of Alibaba, made headlines for his criticism of China's financial regulatory system. His remarks came just before the highly anticipated initial public offering (IPO)...
Read moreRocket Lab, a private American aerospace manufacturer and small satellite launcher, has announced that it is developing a new medium-lift launch vehicle to challenge SpaceX's Falcon 9. The Neutron rocket is designed to carry payloads of up to 8,000 kg to low Earth orbit (LEO), and it will compete...
Read moreOn March 22, 2023, Apple CEO Tim Cook delivered a speech at the Beijing Economic Forum, where he emphasized the importance of Apple's relationship with China. Cook's speech comes at a time when tensions between China and the US are high, and many multinational corporations are reevaluating their business...
Read moreFord Motor Company recently announced that it expects to lose $3 billion on its electric vehicle (EV) business this year. The announcement came as the company emphasized its "startup mindset" and commitment to transitioning to a fully electric vehicle lineup. The loss, which was reported in Ford's fourth-quarter earnings,...
Read moreJack Dorsey, the co-founder and former CEO of Twitter, is no stranger to ups and downs in his net worth. However, in recent years, his wealth has taken a hit, with a recent Hindenburg short causing a tumble of $526 million. Let's take a closer look at what happened...
Read moreIn this video, Jordan Peterson discusses his views on climate change and fossil fuels, and how the current situation is likely to worsen before it gets better. He presents his arguments in a clear and concise manner, using facts and data to support his position. He also touches on...
Read morePublishers are gearing up for a showdown with tech giants Microsoft and Google over the use of AI tools in content creation. The publishers are concerned that the technology being developed by the tech companies could give them an unfair advantage in the industry, and are calling for stricter...
Read moreToshiba, the Japanese electronics giant, has accepted a takeover offer from a consortium led by private equity firm Japan Industrial Partners (JIP) for around $15 billion, according to reports from Nikkei Asia. The deal, which is expected to be completed in October, will see Toshiba become a private company...
Read moreIn this thought-provoking video, we explore Jordan Peterson's warnings about the rise of artificial intelligence, robots, and the potential dangers they pose to humanity. Peterson, a renowned clinical psychologist, cultural critic, and professor of psychology at the University of Toronto, has been a leading voice in warning about the...
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