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Lanon Wee
Aug 24, 20233 min read
Grab Reports Anticipation of Pre-Covid Ride-Hailing Levels by Year End
Grab revealed its mobility GMV is back at 85% of what it was prior to Covid. Peter Oey, the CFO, reported on the organization's Q2...
Lanon Wee
Aug 24, 20232 min read
Nvidia's Profits Soar with AI Business Performance
Nvidia reported astonishing net income of $6.7 billion for the quarter ending July 30, a remarkable 422% surge from the same period last...
Lanon Wee
Aug 24, 20234 min read
Economists Warn China's Deflation May Become International Problem
The data published in July has highlighted the grim economic conditions in Beijing, revealing deflation for the first time in two years....
Lanon Wee
Aug 24, 20231 min read
Nvidia's Wednesday Earnings to be a Significant Measure for AI Optimists
On Wednesday, Nvidia will announce their second-quarter earnings to a market that is expecting big results due to the heightened interest...
Lanon Wee
Aug 24, 20232 min read
Founders of Tornado Cash Accused of Laundering Over $1 Billion, Including Millions for North Korea
Prosecutors have charged two key figures behind Tornado Cash, a prominent Russian cryptocurrency-mixing platform, with laundering more...
Lanon Wee
Aug 24, 20231 min read
Biggest Stock Activity at Midday: Nvidia, Peloton, Foot Locker, Dick's Sporting Goods and Beyond
Looking at midday trading, Nvidia rose 1.8% ahead its earnings report later in the day. Investors have high hopes after the chipmaker...
Lanon Wee
Aug 24, 20234 min read
Youths Convicted of Cyber Attack Spree
An 18-year-old from Oxford has been legally determined to be a member of an international cyber-crime network responsible for a series of...
Lanon Wee
Aug 24, 20233 min read
Biggest Announcements from Gamescom
Space exploration, alternate universes, and an unwelcome interruption were some of the most memorable moments from this year's Gamescom. ...
Lanon Wee
Aug 24, 20232 min read
Hollywood Producers and Writers Union Negotiations Heat Up with Latest Offer Revealed
Producers in Hollywood made public their latest agreement offer as the negotiations between the studios and the writers union keep up the...
Lanon Wee
Aug 23, 20232 min read
Bankman-Fried's lawyer claims their client is living on bread and water
Sam Bankman-Fried's lawyer has claimed that the FTX founder is inadequately nourished as he tries to ready for his fraud trial, making it...
Lanon Wee
Aug 23, 20234 min read
Employees Quitting Amazon Over Relocation Mandate
Amazon is pushing for its employees to return to the office, and some have been informed that if they want to stay employed, they must...
Lanon Wee
Aug 23, 20233 min read
FTC Accuses Amazon AI Scammers of Spending Millions on Lake Como Wedding and Cars
The FTC declared on Tuesday that it is currently taking action against John and Roman Cresto for supposedly deceiving customers out of a...
Lanon Wee
Aug 23, 20232 min read
Lawyers Detail Survival of Sam Bankman-Fried Without Access to Adderall
After Sam Bankman-Fried was indicted anew on Tuesday, his attorneys raised worries about the conditions he is living in at Brooklyn's...
Lanon Wee
Aug 23, 20232 min read
Colin Campbell Joins Redwood Materials as Head of Technology from Tesla Engineering
Redwood Materials recently announced the appointment of Tesla's VP of powertrain engineering, Colin Campbell, to be their new Chief...
Lanon Wee
Aug 23, 20231 min read
Startup Aids Oceans in Taking Up More Carbon Emissions
Carbon removal from the atmosphere is an increasing area of business in the battle against global warming, and the ocean is being...
Lanon Wee
Aug 23, 20232 min read
Biggest midday stock movements: Dick's Sporting Goods, Macy's, Charles Schwab and others
Midday trading is making headlines as several companies experience stock shifts. Dick's Sporting Goods reported a rare miss on earnings...
Lanon Wee
Aug 23, 20233 min read
Meta to Launch Web Version of Threads Flagging App
Meta is working to bring Threads back to life with a web version of the social media platform. X's competitor, which had previously been...
Lanon Wee
Aug 23, 20232 min read
IBM Divesting from Weather Sector
On Tuesday, IBM announced that it had reached a deal to sell The Weather Company and its assets, including The Weather Channel mobile app...
Lanon Wee
Aug 23, 20232 min read
Coinbase Invests in Circle and Dissolves Joint Venture Due To Regulatory Clarity
Coinbase has invested in Circle, the issuer of the USDC stablecoin, and the two companies have decided to shut down the Centre...
Lanon Wee
Aug 23, 20232 min read
Ubisoft Stock Price Increases 9% Following Updated Microsoft-Activision Agreement
. On Tuesday, Microsoft proposed a revised agreement for the takeover of Activision Blizzard in an attempt to assuage anxious U.K....
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