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Apr 20, 20232 min read
Coinbase Expands International Business with License to Operate in Bermuda
Coinbase, one of the largest cryptocurrency exchanges in the world, has received a license to operate in Bermuda, signaling its intention...
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Apr 19, 20232 min read
Meta to Conduct Another Round of Layoffs Affecting Up to 10,000 Jobs, Reports Say
Meta, the parent company of Facebook, Instagram, WhatsApp, and Reality Labs, is reportedly planning another mass round of layoffs this...
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Apr 18, 20232 min read
Morgan Stanley Strategist Warns of US Credit Crunch and Risk of Recession in 2023
Morgan Stanley's top stock strategist, Mike Wilson, has warned that the US is experiencing a credit crunch, with data showing that banks...
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Apr 18, 20232 min read
Elon Musk to Launch "TruthGPT" to Challenge Microsoft & Google in AI Race
Elon Musk, billionaire CEO of SpaceX and Tesla, announced on Monday that he will be launching an artificial intelligence (AI) platform...
1,462 views0 comments
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Apr 18, 20231 min read
Sega Sammy to acquire Angry Birds maker Rovio for $776 million
Japan’s Sega Sammy Holdings is set to acquire Finnish mobile gaming company Rovio Entertainment, the creator of the popular mobile game...
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Apr 17, 20232 min read
Renault CEO says Tesla's price cuts are a "warning" for rival EV manufacturers as Renault sales rise
The CEO of Renault's flagship brand, Fabrice Cambolive, has warned that Tesla's recent wave of price cuts is a challenge for rival...
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Apr 17, 20232 min read
Apple opens first retail stores in India as it gears up major expansion in the South Asian market
Apple is making significant strides in the Indian market with its growing commitment to the country. The tech giant recently announced...
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Apr 17, 20232 min read
Indian stock markets open lower as IT stocks tumble on weaker-than-expected results
Benchmark stock market indices in India opened lower on Monday due to a sharp slide in IT stocks, led by TCS and Infosys, after they...
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Apr 16, 20232 min read
Elon Musk Introduces Twitter Subscription Service for Exclusive AMA & Twitter Spaces
Elon Musk, the CEO of Tesla and SpaceX, has introduced a new subscription service on Twitter, allowing users to pay $4 (Rs 325) a month...
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Apr 13, 20232 min read
Swiss parliament rejects government's aid for Credit Suisse-UBS merger
Switzerland's parliament has rejected the government's proposed 109 billion Swiss francs ($120.82 billion) aid for Credit Suisse's merger...
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Apr 11, 20232 min read
Elon Musk merges Twitter with X Corp, driving speculation about his plans for the platform
Twitter, the social media platform, has merged with a newly formed shell company called X Corp., according to a court document filed in a...
192 views0 comments
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Apr 11, 20232 min read
Bitcoin hits long-term resistance level at $30k, experts predict pullback
Bitcoin, the world's largest cryptocurrency, has hit its long-term resistance level of $30,000. The digital asset reached around $30,500...
31 views0 comments
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Apr 8, 20232 min read
Unprecedented job cuts: US sees 396% increase in layoffs, tech industry hit hardest
US employers have announced that over 270,000 people were laid off in the first quarter of 2023, marking a 396% increase from the...
1,649 views0 comments
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Apr 5, 20232 min read
Tech Executive and Founder of Cash App Bob Lee Stabbed in San Francisco
Bob Lee, a well-known tech executive and founder of the mobile payment service Cash App, was reportedly stabbed in San Francisco,...
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Apr 5, 20233 min read
Johnson & Johnson to Pay $8.9 Billion to Settle Talc Lawsuits, Dwarfing Original Offer
Johnson & Johnson (J&J) has reached a settlement agreement to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc...
161 views0 comments
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Apr 4, 20232 min read
Credit Suisse Chairman apologizes for failure to prevent crisis and closure
Credit Suisse, one of the oldest and largest Swiss banks, has been in the news for all the wrong reasons in recent years. It has been...
120 views0 comments
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Apr 4, 20232 min read
Expert Analyzes Tesla's Q1 2023 Delivery Numbers and Their Implications for the Company's Future
Tesla has reported its Q1 2023 delivery figures, revealing a total of 422,875 vehicles delivered, which beat most current consensus Wall...
54 views0 comments
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Apr 3, 20231 min read
E-commerce Grocery Platform Boxed Inc Files for Chapter 11 Bankruptcy Protection
Boxed Inc, an e-commerce grocery platform, has filed for Chapter 11 bankruptcy protection and is planning to sell its software business,...
105 views0 comments
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Apr 3, 20233 min read
Twitter removes verified check mark from The New York Times following dispute over subscription fee
On April 2, 2023, social media platform Twitter began removing verified check marks from accounts that did not pay for its new...
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Mar 31, 20232 min read
Virgin Orbit to Lay off Majority of Workers and Cease Operations, Citing Funding Woes
Virgin Orbit, the rocket company founded by billionaire Richard Branson, is laying off the majority of its workers, citing an inability...
154 views0 comments