(Source-bitcoinsensus.com)
In a policy speech delivered in Minneapolis on Thursday, Federal Reserve Governor Christopher Waller expressed a cautious stance on supporting interest rate cuts, emphasizing the need for more evidence that inflation is indeed cooling. Waller's remarks underscored the lingering questions surrounding the trajectory of p…
News
Know all the recent happening in the business world, which companies have soared or gone down. Keep track of the business world in the News Section of Mr. Business Magazine.
(Source-innovation-village)
In a strategic move that spans almost a decade, OpenAI CEO Sam Altman is poised to reap substantial financial rewards as Reddit, the popular online discussion board, gears up for its initial public offering (IPO). Altman's prescient investment in Reddit dates back to 2014 when he led the company's $50 million Series B…
(Source-startupnews)
Meta CEO Zuckerberg gives verdict on Apple's Vision Pro, As Apple's Vision Pro gains traction with its unique wearable design, opinions from tech enthusiasts and industry leaders are flooding the discourse. The tech giant's foray into immersive technology has prompted comparisons and debates about its capabilities and comfor…
A peculiar incident has unfolded in the academic realm as a peer-reviewed science journal recently published a paper featuring nonsensical AI-generated images. The paper, titled "Cellular functions of spermatogonial stem cells in relation to JAK/STAT signaling pathway," emerged this week in the open-access Frontiers in Cell Development and Biology …
In a significant setback for Prime Minister Rishi Sunak's economic ambitions, the United Kingdom has officially entered a recession just months before a crucial general election, according to official figures released on Thursday. The Office for National Statistics (ONS) revealed a 0.3% contraction in the UK's gross domestic product (GDP) during th…
(source- www.assahifa.com)
In a staggering surge, shares of Nvidia experienced a 2.5% boost on Wednesday, concluding the day with a market capitalization soaring to approximately $1.83 trillion. This propelled the chipmaker to claim the title of the world's fourth-most valuable company, surpassing the market value of the search giant, standing a…
(SOURCE- The New York Times)
Japan's economic woes deepen as weak domestic consumption triggers an unexpected contraction, pushing the nation into a recession and causing it to slip from the world's third-largest economy to the fourth, trailing behind Germany. The Cabinet Office revealed that Gross Domestic Product (GDP) contracted at an annuali…
In a recent report, the Commerce Department highlighted a significant decline in consumer spending for January, sparking concerns about potential economic implications. According to the Census Bureau, advance retail sales fell by 0.8% in the first month of the year, following a downwardly revised 0.4% gain in December. While economists surveyed by …
On February 15, 2024, Coinbase Global Inc. (NASDAQ: COIN), a renowned cryptocurrency exchange platform, submitted its annual 10-K filing with the Securities and Exchange Commission (SEC). Established in 2012, Coinbase has become a trusted gateway for retail investors and institutions entering the cryptocurrency market. The 10-K provides a comprehen…
Ambitious Plans to Reshape Semiconductor Industry
OpenAI's CEO, Sam Altman, is embarking on an ambitious quest to secure trillions of dollars in funding to revolutionize the global semiconductor industry. According to the Wall Street Journal's report on Thursday, Altman has engaged in discussions with potential investors, including the UAE gover…
Latest News
The Starbucks union strike, which began on Friday, has now expanded to nine states, according to the union. On Sunday, worker…
Nike's new CEO, Elliott Hill, has announced a fresh strategy to restore the company’s growth after declining revenue and prof…
Thousands of Amazon workers across four states have gone on strike during the peak holiday season, just days before Christmas…
The Dow Jones Industrial Average plunged on Wednesday, closing by over 1,100 points, or 2.6%, following a disappointing outlo…
The Fed interest rate decision is set to be significant, sparking anticipation and debate over its next steps in managing the…
Broadcom CEO Hock Tan states that Broadcom’s rapid ascent in the AI technology sector continues to gain momentum, with its ma…