In an age of rapid technological advancement, it’s no surprise that we are constantly seeing new and exciting developments in fields ranging from artificial intelligence to renewable energy. In this article, we will explore some of the most noteworthy technology news, trends,…
As Silicon Valley Bank’s rapid expansion and high-risk investments in the bond market led to its collapse, federal and state regulators failed to intervene. Most of the bank’s deposits were uninsured by the federal government, leaving customers vulnerable in the face of…
Tech giant Microsoft has made it official: it’s purchasing data center infrastructure start-up Fungible for an undisclosed amount, with rumors putting the price tag around $190 million. While most investors are focused on Microsoft’s pending takeover of video game developer Activision Blizzard…
Mercado Libre, a leading e-commerce player in Latin America, may have an opportunity to gain market share due to an accounting scandal at its rival, Americana. Americana’s Accounting Scandal A surprise announcement last week sent Mercado Libre’s shares soaring 16% on Thursday…
Despite concerns surrounding the collapse of U.S. banks and turmoil at Credit Suisse, the European Central Bank (ECB) proceeded with a substantial interest rate hike on Thursday. The ECB raised rates by 0.5%, emphasizing its commitment to combating the soaring 8.5% inflation…
TikTok, the Chinese-owned video-sharing app, has updated its content rulebook as it faces increasing pressure from Western authorities over concerns that the platform could be used to push false information. A restructured set of community guidelines containing eight principles to aid content…
Shares of Credit Suisse saw a significant increase on Thursday after the Swiss National Bank agreed to lend the financial institution up to 50 billion francs ($54 billion) to reinforce confidence in Switzerland’s second-largest bank following the collapse of two American banks.…
The GPU Market in 2022 Despite a slump in the PC market, both companies have much to offer over the long term. But which one is the better buy? Sony, Microsoft, and Nintendo dominate the console gaming industry, but PC gaming has…
The trial of the century has begun. Tesla CEO, Elon Musk, is facing a lawsuit that will determine whether or not he cheated investors by claiming in 2018 tweets to have secured financing to take Tesla private. A nine-person jury was summoned…
As 2023 begins, small businesses across the country are preparing to tackle a long list of old and new challenges. The coming year will be a make-or-break one for many small businesses, from a potential recession and high inflation to labor shortages…