Industry

Hong Kong Securities Issues Alert on BitForex Cryptocurrency Exchange Fraud Suspicions

Hong Kong's SFC issued a warning on the BitForex exchange amid suspected fraud following the exchange's $57 million withdrawal in February.


Huawei Introduces New AI Chipset, Threatening Nvidia's Dominance In The Industry

Huawei's new AI chipset timely coincided with China's export restrictions that limited Nvidia, among other limitations for their chipset productions.

Sony Awarded As The 'World's Most Ethical Companies' For A Sixth Consecutive Row

Ethisphere Institute has recognized Sony Group Corporation's ethical business practices for the sixth consecutive year.

Wall Street On HIgh Alert As Threat of Inflation Looms

Wall Street is alarmed by signs of persistent inflation, fearing a return to stagflation akin to the 1970s and 1980s, prompting caution in asset allocation strategies.


Latest News

Trader Joe's chicken soup dumplings are possibly contaminated with hard plastic. Here's what FSIS announced.
Saudi Arabia, Russia, and some other key members of the Organization of the Petroleum Exporting Countries Plus (OPEC+) have decided to prolong their voluntary crude supply cuts until June.
After investing in OpenAI, Microsoft's partnership with Mistral AI will help improve its multilingual model comparable to ChatGPT 4, now available on Microsoft Azure.
Sony Music Group's record-breaking deal with Michael Jackson's catalog, valued at over $600 million, makes it the largest ever for a solo musician, encompassing hits from albums like Bad and tracks by other artists.
Apple is shifting its focus from its decade-long car project to investing $73 billion in Apple AI, aiming to challenge Microsoft’s AI leadership, with plans to unveil generative AI-based tools at WWDC in June.
KeokeN Interactive recently underwent a round of layoffs, affecting a small portion of its workforce.
A federal judge in Delaware has dismissed AstraZeneca's lawsuit challenging Medicare's new power to negotiate prices directly with drug manufacturers.
Yum China thrives amidst economic challenges by targeting both budget-conscious and quality-seeking consumers. Revenue soars by 19%, net profit by 81%, employing a value-driven approach.
Disney heirs pen a letter to support CEO Bob Iger amid feud with Nelson Peltz, who wants to seek board position.
Alibaba's Local Services Group (LSG) head, Yu Yongfu, will be leaving his role by March's end amid the company's restructuring, with younger leaders stepping up.
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