Business Archives - Page 4 of 9

Crypto ETFs See Big Inflows Ahead of U.S. Election, Traders Brace for Volatility

With the U.S. presidential election on the horizon, cryptocurrency exchange-traded funds (ETFs) are experiencing a surge in inflows, as investors prepare for potential market volatility. The uncertainty surrounding economic policies,…

admin December 3, 2024

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Nvidia to Replace Intel on the Dow Jones Industrial Average: A Shift in Tech Industry Dominance

In a major shift for the tech industry, Nvidia will soon replace Intel on the Dow Jones Industrial Average (DJIA), marking a significant milestone in the evolution of the semiconductor…

admin December 2, 2024

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A Year On, Intel’s Touted AI-Chip Deals Have Fallen Short

One year ago, Intel’s ambitious push into AI chips was met with great fanfare, as the tech giant announced a series of deals and partnerships promising to revolutionize the AI…

admin December 1, 2024

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Google Among Investors in $110 Million Funding Round for Nigeria’s Moniepoint

Moniepoint, a Nigerian fintech company providing banking and financial services for small and medium-sized businesses (SMBs), has secured a $110 million investment, with tech giant Google joining a prominent group…

admin November 30, 2024

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Apple Supplier TDK Partners with McLaren Racing to Drive Electric Vehicle Innovation

TDK Corporation, a longstanding supplier for Apple, has announced a partnership with McLaren Racing to accelerate electric vehicle (EV) technology development. This collaboration marks TDK’s commitment to expanding its presence…

admin November 29, 2024

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Brazilian Institute Sues Social Media Giants for $525 Million Over Minors’ Usage Violations

In a landmark case, a Brazilian institute is suing major social media companies for $525 million, alleging they allowed children and teens to access their platforms in violation of Brazil’s…

admin November 28, 2024

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ByteDance Founder Zhang Yiming Tops China’s Rich List

Zhang Yiming, the visionary founder of ByteDance, the parent company of TikTok, has reached a new milestone, ascending to the top of China’s rich list. The 40-year-old tech entrepreneur, whose…

admin November 27, 2024

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Intel Set for Big Drop in Quarterly Revenue as Chipmaker Struggles to Regain Market Dominance

Intel, once the undisputed leader in semiconductor technology, is bracing for a significant drop in quarterly revenue as the company grapples with fierce competition and challenges in adapting to new…

admin November 26, 2024

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Intel Withdraws Plans for $28 Billion Investment in Ohio Chip Factories

In a surprising turn of events, Intel has decided to withdraw its plans to invest over $28 billion in the construction of semiconductor manufacturing facilities in Ohio. The decision has…

admin November 24, 2024

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China Welcomes Apple’s Continued, Deeper Presence Amid Growing Economic Ties

China has warmly welcomed Apple’s ongoing commitment to deepen its presence in the country, highlighting the tech giant’s role in bolstering economic ties and promoting innovation. This relationship comes at…

admin November 21, 2024