In anticipation of the upcoming Federal Reserve interest rate decision, Asian stocks have risen, reflecting a growing sense of optimism among investors. The decision, which is expected to be announced in the coming weeks, has been closely watched by financial markets around the world, with many hoping for clarity...
Read moreThe Loyalty Of Disney+ Users Increase, Since its launch in November 2019, Disney+ has become one of the most popular streaming services, boasting a vast library of content from Marvel, Star Wars, Pixar, National Geographic, and, of course, Disney. The platform's initial monthly subscription fee of $6.99 was already...
Read moreOn March 29, 2020, Diamond Sports, the largest owner of regional sports networks in the United States, filed for Chapter 11 bankruptcy protection. The company, formerly known as Fox Sports Networks, owns and operates 19 regional sports networks across the country, including Fox Sports Arizona, Fox Sports Detroit, and...
Read moreThe Abu Dhabi AI firm G42 owned by the Spy Chief of UAE has invested in ByteDance. The Company was valued at about $220 billion in a recent private market by Abu Dhabi artificial intelligence firm G42, a significant discount to the $300 billion set in the TikTok owner's...
Read moreIn recent times, the Global financial stocks of technology industry has been at the forefront of global economic growth. Among the most successful tech companies are those based in Silicon Valley. However, a recent announcement by Silicon Valley Bank (SVB) caused a significant drop in financial markets worldwide, leading...
Read moreSpaceX has announced that it plans to test cellular service on the Starlink satellite network in partnership with T-Mobile later this year. The test will involve using Starlink's satellite internet service to provide cellular connectivity in remote areas where traditional cell towers are not available. The move comes as...
Read moreSilicon Valley Bank, one of the most prominent and influential banks in the technology industry, is reportedly up for sale in an ongoing auction process. The bank has been a key player in the tech industry since its founding in 1983, providing banking services to startups and established companies...
Read moreThe sudden failure of SVB, a financial services company that catered to small and medium-sized businesses, has left many companies in a difficult position. With SVB's unexpected collapse, businesses are scrambling to fulfill their payroll obligations and settle outstanding bills. SVB, also known as Silicon Valley Bank, had built...
Read moreOn March 10th, 2023, Asia stocks experienced their worst day in five months, with major Asia stocks indexes such as the Nikkei, Hang Seng, and Shanghai Composite all suffering significant losses. The reason behind this downturn can be attributed to the financials slide prompt. Financials refer to companies that...
Read moreThe world of cryptocurrency is always unpredictable, and sometimes it can be volatile. Recently, we witnessed one such event when Bitcoin, the world's most valuable cryptocurrency, took a steep dip in its value. As a result of Crypto flash crash, several exchanges, including the popular cryptocurrency exchange, Huobi, suffered...
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