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Year: 2023

Venture Capitalists Pour $50 Billion into AI Companies in 2023, Expecting Ongoing Expansion

December 21, 2023 Charlotte Prinze

Despite a general slowdown in venture capital funding, the artificial intelligence (AI) sector experienced substantial growth in 2023. Throughout the year, AI companies raised an impressive $50 billion in venture capital investments, showcasing a notable […]

Companies

Key Points Ahead of Market Opening: Sensex and Nifty Likely to Open Flat

December 18, 2023 Jennifer Blaze

On December 18, the benchmark Sensex and Nifty indices are poised for a relatively flat opening, as per indications from the GIFT Nifty, projecting a marginal gain of 4 points for the broader index. The […]

Markets

Bitcoin’s Surge to $41,000 Triggers Liquidation of Short Positions Worth Near $150M

December 4, 2023 Charlotte Prinze

Bitcoin’s surge to over $41,000 has sent shockwaves across derivative markets, creating significant turmoil in its wake. This surge marked a monumental milestone as Bitcoin surpassed the $41,000 mark for the first time in nearly […]

Breaking news

UPS and FedEx Trailing Behind: Amazon Emerges as Top US Delivery Service

November 28, 2023 Charlotte Prinze

In recent years, Amazon has emerged as the dominant force in the US delivery landscape, surpassing both UPS and FedEx in parcel volume. The e-commerce giant has overtaken UPS in 2022 and FedEx back in […]

Companies

Commencement of Manhattan Trial for Former Cryptocurrency Tycoon Sam Bankman-Fried

October 3, 2023 Jennifer Blaze

The trial of Sam Bankman-Fried, the former cryptocurrency magnate and founder of FTX, commenced on Tuesday with jury selection taking place in a Manhattan federal court. The renowned figure in the crypto industry faces charges […]

Money

UPS CEO Carol Tome Addresses Investor Concerns Amid Stock Decline Ahead of Holiday Season

September 12, 2023 Rose Turner

UPS CEO Carol Tome has revealed that the costs associated with the new Teamsters contract are significantly lower than the union’s claim of “$30 billion in new money.” In an exclusive interview with CNBC, Tome […]

Companies

Concerns Over Potential Australian Strikes Drive Surge in Gas Prices

August 21, 2023 Charlotte Prinze

Rising concerns over a potential strike at an Australian liquefied natural gas (LNG) plant have spurred a surge in wholesale gas prices across Europe. The Offshore Alliance union has issued a warning that a strike […]

Breaking news

Billionaires Bullish on 10 Sustainable Investment Stocks

July 25, 2023 Pedro Yanowitz

Ten Sustainable Investing Stocks Attracting Billionaires’ Attention Sustainable investing has become a significant trend among billionaires, and we will explore ten stocks that have piqued their interest in this article. Sustainable investing goes beyond traditional […]

Investing

Some customers are complaining the new olive oil-infused Starbucks drink is making them run to the bathroom

April 11, 2023 Rose Turner

Starbucks is betting big on olive oil infused coffee, hoping customers will be enticed by the anomaly and the health benefits of extra virgin olive oil. “It is one of the biggest launches we’ve had […]

Breaking news

China says it ‘firmly opposes’ a potential forced sale of TikTok

March 24, 2023 Harold Paz

China said it would “firmly oppose” any forced sale of TikTok, in its first direct response to demands by the Biden administration that the app’s Chinese owners sell their share of the company or face […]

Tech news

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  • Indonesia Energy Corp. Ltd: Expanding Indonesia’s Oil and Gas Exploration
  • Zapp Electric Vehicles Group Ltd.: Innovating the Future of Electric Mobility
  • iOS 18 Release: What to Expect and Which iPhones Are Compatible
  • Oracle Stock Surges with Strong Performance and AWS Partnership
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