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Lanon Wee
Nov 1, 20232 min read
Bernstein Predicts Bitcoin Could Reach $150,000 by 2025
On Tuesday, Bernstein predicted that the value of bitcoin could reach an estimated $150,000 by mid-2025, more than four times its current...
Lanon Wee
Nov 1, 20233 min read
Demis Hassabis Responds to Allegation of Scaremongering by Meta AI CEO
Demis Hassabis, the head of Google DeepMind, informed CNBC that the business was not attempting to gain an advantageous position...
Lanon Wee
Nov 1, 20232 min read
bright Pinterest Shares Surge 18% Following Optimistic Earnings and Advertising Forecast
When the stock market opened on Tuesday, Pinterest shares skyrocketed. The company released their earnings report the day prior, which...
Lanon Wee
Nov 1, 20232 min read
SEC Accuses SolarWinds and Executive of Failing to Disclose Cybersecurity Risks Before Breach
The Securities and Exchange Commission (SEC) accused SolarWinds of fraud and failure to keep proper internal safeguards in place for a...
Lanon Wee
Nov 1, 20234 min read
Biden Administration to Enforce Restrictions on Unnecessary Charges in Retirement Plans
On Tuesday, the U.S. Department of Labor proposed a new rule in an effort to curb the prevalence of junk fees in retirement accounts like...
Lanon Wee
Nov 1, 20233 min read
The Risks of Relying on Long Working Hours as a Retirement Strategy
Roughly 46% of retirees in 2023 declared that they retired before their planned time, as reported by the Employee Benefit Research...
Lanon Wee
Oct 31, 20232 min read
Elon Musk and Rishi Sunak to Engage in Live Interview
Elon Musk and UK Prime Minister Rishi Sunak will be having a live conversation on Thursday night. It is anticipated that the tech...
Lanon Wee
Oct 31, 20235 min read
Sam Bankman-Fried's Final Chance to Avoid Prison as Criminal Trial Concludes
On Tuesday, Sam Bankman-Fried, the founder of FTX, will be appearing in court for the third and final time for his criminal trial....
Lanon Wee
Oct 31, 20235 min read
UK Preparing for Crucial AI Summit: What You Need to Know
On the 1st and 2nd of November, a two-day AI safety summit is being hosted at the historic Bletchley Park, 55 miles north of London....
Lanon Wee
Oct 31, 20232 min read
Taiwanese Semiconductor Company to Establish $5.3 Billion Factory in Japan to Strengthen Chip Market
Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan and SBI Holdings of Japan announced on Tuesday that they have...
Lanon Wee
Oct 31, 20233 min read
Samsung Operating Profit Beats Expectations, Memory Chip Demand Seen Improving
Despite a year-on-year drop of 77.6%, Samsung reported an operating profit for the third quarter that exceeded expectations. This surge...
Lanon Wee
Oct 31, 20234 min read
Tax Shift Affects Portugal's Tech Expansion
Ricardo Marvão, director of the Portuguese innovation consultancy firm Beta-i, remarked that the technology sector in Portugal has...
Lanon Wee
Oct 31, 20232 min read
Apple Introduces M3 Chips and Lowers Price of Entry-Level MacBook Pro
Apple held an atypical evening-time launch event Monday evening to reveal its new PC chips, MacBook Pro laptops, and a new iMac model. ...
Lanon Wee
Oct 31, 20232 min read
Pinterest Sees Positive Third-Quarter Performance
Pinterest reported a 11% boost in third-quarter sales which surpassed expectations of analysts. Expenditures rose almost 2% from $753.9...
Lanon Wee
Oct 31, 20235 min read
Bankman-Fried Testifies Top Aides Responsible for FTX Issues at Criminal Trial
On Monday, Sam Bankman-Fried, the founder of FTX, resumed his testimony in his criminal trial that is drawing near to its conclusion....
Lanon Wee
Oct 31, 20232 min read
Tesla Stock Prices Decline After Panasonic Issues Warning, October Results Show 18% Decrease
Tesla's stock decreased by almost 5% at midday on Monday due to worries spurred by Panasonic, its frequently-associated battery cell...
Lanon Wee
Oct 31, 20232 min read
EU Release of Facebook and Instagram Ads-Free Subscription Plan
Facebook and Instagram are introducing subscriptions to the majority of Europe, which will eradicate adverts from the two sites. Users...
Lanon Wee
Oct 31, 20233 min read
US Announces Significant Action on AI Safety
The White House has declared that it is instituting what it terms "the most significant steps ever taken by any government to foster AI...
Lanon Wee
Oct 31, 20232 min read
European Users Gain Access to Ad-Free Subscription on Facebook and Instagram
Meta stated on Monday that it will provide a subscription choice without ads for Facebook and Instagram in Europe in light of the...
Lanon Wee
Oct 30, 20232 min read
HSBC Announces 230% Year-on-Year Increase in Post-Tax Earnings and $3 Billion Share Repurchase
In the three months ended September, HSBC's profit after tax surged by 235%, amounting to $6.26 billion, in comparison to the $2.66...
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