As the social media platform enhances its product monetization, research firm Emarketer predicts that Instagram will generate over half of Meta Platforms’ advertising income in
Category: WORLD NEWS
Databricks, a startup, raises $10b in an AI-focused funding round and a $62b valuation.
The strong demand for businesses focused on artificial intelligence was demonstrated by Databricks’ announcement on Tuesday that it had obtained a valuation of $62 billion
MUFG, Japan’s biggest bank, apologizes over the theft of millions of dollars from safe deposit boxes.
The largest bank in Japan issued an apology on Monday for the suspected theft of over 1 billion yen ($6.6 million) from clients’ safe deposit
UK government approves the sale of Royal Mail to foreign owners for $4.6b, the first time in its 500-year history.
For the first time in its 500-year history, Royal Mail will be owned by a foreign entity after the British government approved the sale of
Musk’s AI startup xAI offers the new version of Grok-2 AI chatbot free to users of the X social media platform.
On Saturday, xAI, Elon Musk’s artificial intelligence business, announced that all social media platform X users will be able to use its updated Grok-2 chatbot
Broadcom hits $1 trillion valuation on AI enthusiasm.
The market is currently buying into Broadcom’s prediction that demand for chips that power AI will skyrocket. Following CEO Hock Tan’s statement that artificial intelligence
HSBC and the World Bank’s IFC to provide $1b in financing of emerging markets trade.
In an effort to close a funding vacuum for trade in emerging markets, HSBC and the World Bank’s International Finance Corporation (IFC) will jointly fund
TikTok challenges the Canadian government’s order to shut down its operations
A Canadian government order to stop the Chinese video-sharing app’s commercial activities in the nation due to national security concerns has been contested by TikTok.
Europe’s economy faces greater difficulties with French-German political turmoil.
Europe’s economy was already struggling before the fall of the administrations of France and Germany. Slow development and poor competitiveness in comparison to China and
The Federal appeals court upholds a law that could ban TikTok in the US next month.
As the well-known social media platform battles for its existence in the United States, a federal appeals court panel unanimously upheld a rule on Friday
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