Salesforce Beats Analyst Expectations, But Faces Uncertain Future – 10 Key Points You Need to Know!

Salesforce has exceeded the predictions made by analysts by disclosing adjusted earnings per share of $2.12 for the second fiscal quarter of 2024, surpassing the anticipated value of $1.90. During the second quarter, the cloud-based software firm generated a revenue of $8.60 billion, which slightly surpassed the projected revenue of $8.53 billion as anticipated by … Read more

China Boosts AI Development: 10 Key Takeaways from Recent Approvals

The Chinese government has intensified its initiatives to facilitate the advancement of artificial intelligence (AI), hence significantly enhancing the progress of this technology. Baidu, Baichuan Intelligent Technology, and Zhipu AI have obtained the necessary authorizations to commence the provision of artificial intelligence (AI) services. The AI chatbot Ernie Bot developed by Baidu has been released … Read more

Inflation Pressure Eases as Global Stock Markets Fluctuate: Key Highlights

The presence of a constrained labor market and a decrease in job opportunities suggests the persistence of inflationary pressures. Corporations exhibit a prudent stance in anticipation of the Federal Reserve’s September gathering. The month of August 2023 is characterized by being the most unfavorable period for Wall Street. On August 30, the global equity market … Read more

TinyTap’s Pioneering AI Strategy to Revolutionize EdTech

TinyTap, a subsidiary of Animoca Brands that specializes in educational technology, is now in the process of furthering its artificial intelligence (AI) strategy. It plans to introduce new tools by the year 2024. The upcoming AI technologies, known as “Practice Anywhere,” have the potential to significantly transform the way in which children reinforce their learning … Read more

Cryptocurrency Shake-Up: Robinhood and Jump Trading Partnership Crumbles – What Led to this Dramatic Split?

According to a report by Coindesk, the relationship between Robinhood and Jump Trading has ended. The dissolution of the partnership was ascertained based on on-chain data, which indicates that the separation took place in July. Jump Trading, established in 1999, has gained significant recognition within the finance sector due to its expertise in high-frequency and … Read more

Binance Japan’s Ambitious Expansion Plan: A Game Changer for the Country’s Crypto Sphere!

Binance Japan is in the process of expanding its domestic services, as outlined during an online business meeting that elucidated the company’s strategic plans. Mr. Tsuyoshi Chino, the executive in charge of Binance Japan, engaged in a discourse regarding the significance of stablecoins and articulated intentions to augment the array of tokens featured on their … Read more

Binance’s Shocking Move: Cuts Ties with Major Venezuelan Bank Amid Global Sanction Fears!

Binance, the prominent cryptocurrency exchange, has abruptly terminated its provision of services to Banco de Venezuela, a major financial institution in Venezuela, which currently possesses 60% of the country’s total banking assets. The observed alteration was brought to the attention of various users, one of which being Ana Gabriela Ojeda, a Venezuelan legal professional known … Read more

From Near Bankruptcy to Crypto Comeback: Argo’s 2023 Mid-Year Results Unveiled!

The financial results for the first half of 2023 have been disclosed by Argo Blockchain, a crypto-mining company headquartered in London. These statistics demonstrate notable advancements. The company’s financial statement indicated a pretax loss of $18.6 million, which demonstrated a significant enhancement compared to the $47.9 million loss incurred in the preceding year’s corresponding period. … Read more

FTX Users’ Nightmare Continues! Latest Phishing Attack Exposes Personal Data – What You Need to Know!

FTX customers, who have been grappling with issues since the exchange’s collapse last November, are now facing a new ordeal – a phishing email attack. The attack targeted email addresses registered with FTX, resulting in the leakage of some customers’ personal data, including phone numbers, home addresses, and account balances. Fortunately, sensitive information like crypto … Read more

Genesis Creditors to Get 90% Recovery! What You Need to Know About This Game-Changing Deal!

The creditors of the now-bankrupt Genesis platform are poised to achieve a significant victory, as they are anticipated to recoup an impressive 90% of the previously inaccessible monies. An in-principle agreement has been struck between Digital Currency Group (DCG) and Genesis creditors to address the intricate network of claims arising from the bankruptcy of Genesis. … Read more