Tesla Faces Opposition from German Locals for Factory Expansion
Tesla faces an unexpected setback as the inhabitants of Grünheide, a small town in Brandenburg, Germany, have decisively voted against the company’s ambitious plans to enlarge its already sprawling ‘gigafactory‘.…
China’s Moonshot AI hits $2.5B valuation, raises $1B for context-focused LLM.
In an unprecedented move that has propelled the global AI race forward, Moonshot AI, a nascent but groundbreaking artificial intelligence startup from China, has successfully secured over $1 billion in…
January Meeting Minutes Reveal Fed’s Concerns Over Premature Rate Cuts
During the Federal Reserve‘s January 30-31 meeting, the majority of policymakers expressed apprehensions about the potential risks of reducing interest rates prematurely, amidst widespread uncertainty regarding the optimal duration for…
India boosts space sector investment by increasing foreign funding limits
New Delhi, 22 Feb – India has ushered in a pivotal update to its foreign direct investment (FDI) policy within the space sector, aiming to magnetize global investors and corporations.…
Over 80% of Economists Predict BOJ Will End Negative Interest Rates in April
In a significant policy shift that marks the end of an era, more than 80% of economists surveyed by Reuters anticipate the Bank of Japan (BOJ) will terminate its eight-year-long…
Capital One’s Bold Move: Acquiring Discover to Reinvent the Payments Landscape
Capital One has recently unveiled a monumental $35.3 billion acquisition of Discover Financial, marking a strategic maneuver aimed not only at expanding its market share but also at safeguarding its…
PhonePe aims to rival Google Play in India but faces challenges ahead.
In a bold move set to reshape India’s app ecosystem, Walmart-backed PhonePe is gearing up to launch its very own Android app store this week. The innovative platform promises to…
Beond Airline Elevates Luxury Travel with Apple Vision Pro Headsets
Beond has announced an unparalleled upgrade to its inflight entertainment system by offering Apple Vision Pro headsets to passengers. This novel initiative, set to launch in July 2024, positions Beond…
Profitable Digital Product Ideas for 2024
Did you know that 95% of digital products fail within their first year? Crafting successful digital product ideas requires innovation, market research, expertise, and a deep understanding of consumer needs.…
Top 10 Successful Career Options for Business Degree Holders
Ever wondered if a business degree could be your golden ticket to success? Curious about the endless possibilities that await you in the world of business? From climbing the corporate…
Vietnam Stocks Shine Bright Amid Regional Challenges
Vietnam‘s stock market has emerged as a beacon of resilience, outpacing its regional counterparts and attracting a trickle of foreign investment for the first time in months. Despite the looming…
Regulatory Investigation Unveils $241 Million Accounting Discrepancy at Zee
India’s market regulator has uncovered a significant hole of more than US$240 million in the accounts of Zee Entertainment Enterprises Ltd, dealing yet another blow to the beleaguered media conglomerate.…
TikTok Expands into Virtual Spaces with Innovative App for Apple Vision Pro
TikTok has launched a specially designed app for Apple’s Vision Pro headset. This strategic development not only showcases TikTok’s commitment to innovation but also offers users a novel and enriched…
Dollar Dips, Stocks Slide Amid Diminished Rate Cut Expectations
On Tuesday, both the dollar and stocks experienced a downturn in New York and London, with fading optimism regarding imminent interest rate cuts by central banks weighing heavily on market…
Singapore to spend S$100 million to better upgrade fibre network to 10Gbps starting mid-2024.
In a bid to bolster its digital infrastructure, Singapore has announced a substantial investment of up to S$100 million (US$74.3 million) to upgrade its nationwide broadband network. The ambitious plan,…
Amazon’s Inclusion in the Dow Jones Industrial Average Signals Shift in Consumer Retail Landscape
In a significant move, Amazon is poised to join the esteemed Dow Jones Industrial Average, marking a pivotal moment in the evolution of the index. The decision, announced by S&P…
Uber is excited to be experimenting with prepaid-item pickup from nearby stores in India.
Gig workers can now collect prepaid items from local stores for delivery to customers in Delhi-NCR New Delhi, India – February 21, 2024: Uber has discreetly initiated testing for a…
Adobe Introduces AI Assistant for Enhanced Document Management
Adobe has unveiled an innovative artificial intelligence assistant within its Acrobat and Reader platforms, heralding a new era in how users interact with PDF documents. This AI assistant, currently in…
The Nasscom-BCG report forecasts India’s AI industry to reach a valuation of $17 billion by 2027
Mumbai, India – In a significant development for India’s technology landscape, the artificial intelligence (AI) market is poised for robust growth, with projections estimating its value at $17 billion by…
Seattle’s New Gig Worker Wage Law Faces Tech Company Resistance
Seattle has recently implemented a new minimum wage law, sparking significant debate among stakeholders, particularly tech companies like DoorDash. This legislation is part of Seattle’s broader “PayUp” campaign, designed to…