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Lanon Wee
Sep 1, 20231 min read
Wise enables Russia sanction target to withdraw funds per U.K. government
A person listed as subject to the U.K.'s Russia sanctions was granted a withdrawal of £250 ($316.63) from a business account on Wise, a...
Lanon Wee
Sep 1, 20232 min read
Qualcomm Seeks to Increase Automotive Chip Market Share with AI
Qualcomm is seeking to take advantage of the momentum surrounding generative AI to motivate car manufacturers to acquire more of its...
Lanon Wee
Sep 1, 20232 min read
Microsoft to Release Separated Teams Software in Europe for Antitrust Compliance
Beginning on Oct. 1 of this year, European Economic Area and Swiss regions will receive Microsoft packages without Teams included,...
Lanon Wee
Sep 1, 20232 min read
Klarna Experiences Losses in First Half Despite Attempts to Generate Profits
Klarna reported a total net operating income of 9.2 billion Swedish krona ($843.8 million) in the first six months of the year, which is...
Lanon Wee
Sep 1, 20233 min read
Baidu's Ernie Bot Ranks Number One in Apple's App Store in China
Chinese tech giant Baidu declared Thursday that their Ernie bot, similar to ChatGPT, would now be available to everybody. This...
Lanon Wee
Sep 1, 20231 min read
Shares of Salesforce Increase Following Positive Financial Report and Positive Outlook
The results and guidance of Salesforce exceeded what analysts had anticipated, prompting the stock to soar in after-hours trading. ...
Lanon Wee
Sep 1, 20233 min read
Preventing Meta from Accessing Your Personal Information to Train Generative AI Models
Meta recently upgraded its help resource centre with a form that gives users some say in what personal details are employed to teach...
Lanon Wee
Sep 1, 20234 min read
China's Rise to Nuclear Power Dominance and the US's Attempt to Reclaim its Position
China has 21 nuclear reactors under construction, with a capacity to produce 21.61 gigawatts worth of electricity, as indicated by the...
Lanon Wee
Sep 1, 20232 min read
Sixth Street Invests Billions in Sports Teams and Live Events
to attend the conference Attend the 13th Annual CNBC Delivering Alpha Investor Summit in NYC on Sept. 28, 2023. Sign up here! "David...
Lanon Wee
Sep 1, 20233 min read
Analysts Respond to UBS' Record Breaking Earnings Amid Remaining Challenges
The group declared a second-quarter net profit of $28.88 billion Thursday. Additionally, UBS revealed that it will incorporate Credit...
Lanon Wee
Sep 1, 20232 min read
Biggest Pre-Market Stock Movers: Dollar General, Salesforce, Palantir and Beyond
Prior to the opening bell, several firms experienced significant movements in their stocks. Dollar General slumped 15.3% upon reporting...
Lanon Wee
Sep 1, 20234 min read
China States Decrease in Trade with U.S. is Result of U.S. Decisions
Xie Feng, China's ambassador to the U.S., has observed a 14.5% decrease in China-U.S. trade in the first half of the year in comparison...
Lanon Wee
Sep 1, 20232 min read
Klarna's Buy Now, Pay Later Model Loses Less but Still Unable to Generate Profit in First Half
Klarna reported an overall net operating income of 9.2 billion Swedish krona ($843.8 million) for the year, an increase of 21% from the...
Lanon Wee
Sep 1, 20233 min read
UBS Stock Rises to Record Levels After Exceeding Earnings Estimates and Job Cuts
On Thursday, UBS reported a second-quarter profit of $28.88 billion following its takeover of Credit Suisse. This mainly resulted from...
Lanon Wee
Sep 1, 20233 min read
Opinion: Exploring the Necessity of Petroleum in Our Global Economy
What lies at the core of essential products such as toothpaste, deodorant, soap, cameras, computers, gasoline, heating oil, jet fuel, car...
Lanon Wee
Sep 1, 20235 min read
Companies Looking to Reduce Unused Cosmetics
Many of us purchase cosmetics, hair and skin-care items that never get used up, since they are not suitable for us or do not work as...
Lanon Wee
Sep 1, 20233 min read
MPs Issue Warning to Pass AI Legislation Quickly or Face Being Left Behind
MPs have cautioned that the UK's ability to be at the forefront of AI regulation will be jeopardised unless new legislation is enacted in...
Lanon Wee
Sep 1, 20233 min read
Google Trials Watermark to Recognize AI Pictures
Google is testing out a digital watermark in an effort to discern pictures generated by AI with the aim of combatting misinformation. ...
Lanon Wee
Sep 1, 20234 min read
Hackers from Sudan Release Cyberattack to Force Elon Musk to Address Starlink Issue
On Tuesday morning, Anonymous Sudan, a hacking group, took X (formerly known as Twitter) offline in more than a dozen countries in an...
Lanon Wee
Sep 1, 20235 min read
Netflix's Move into Video Gaming Seen as a Logical Step
When you consider Netflix, it is likely that a specific television show or film will come to mind. Which of the following did you...
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