Blog | Intric

Dec 13, 20233 min read

OpenAI's Nonprofit Generated $45,000 Despite Company Being Valued in Billions

In 2022, OpenAI's nonprofit division generated $44,485 in revenue, the vast majority of which came from investments. The IRS filing does...

Oracle Stock Plummets Over Weak Cloud Revenue

Lanon Wee

Dec 13, 20232 min read

Oracle Stock Plummets Over Weak Cloud Revenue

Oracle stock dropped more than 10% when trading began on Tuesday. On Monday, the company released its financial report for the most...

Inflation Overview for November 2023: A Single Chart

Lanon Wee

Dec 13, 20233 min read

Inflation Overview for November 2023: A Single Chart

The U.S. Bureau of Labor Statistics reported that the consumer price index increased 3.1% last November in comparison to the previous 12...

Israel's Economy: A History of Resilience After Crises

Lanon Wee

Dec 12, 20233 min read

Israel's Economy: A History of Resilience After Crises

Throughout its history, Israel has experienced a number of economic difficulties; however, GDP, exports, and foreign direct investments...

Epic Games Wins Antitrust Case Against Google Involving Fortnite

Lanon Wee

Dec 12, 20233 min read

Epic Games Wins Antitrust Case Against Google Involving Fortnite

The creator of world-renowned video game Fortnite was triumphant in a U.S. court trial versus Google, with a jury concluding that the...

TikTok and GoTo Partner in Indonesia, Challenging Southeast Asia's E-Commerce Giant

Lanon Wee

Dec 12, 20233 min read

TikTok and GoTo Partner in Indonesia, Challenging Southeast Asia's E-Commerce Giant

On Monday, GoTo and TikTok disclosed a "supportive joint venture" in Indonesia to benefit micro, small and medium-sized enterprises."The...

Spy Cameras with Controversial Clothes Hook Design Available on Amazon

Lanon Wee

Dec 12, 20232 min read

Spy Cameras with Controversial Clothes Hook Design Available on Amazon

Clothes hooks that double as spy cameras are being sold on Amazon, despite the company being embroiled in a lawsuit regarding the devices....

India Claims Seventh Position as Most Traded Stock Market in the World, Surpassing Hong Kong

Lanon Wee

Dec 12, 20232 min read

India Claims Seventh Position as Most Traded Stock Market in the World, Surpassing Hong Kong

By the end of November, the National Stock Exchange of India was worth $3.989 trillion, compared to Hong Kong's $3.984 trillion. The...

Former Amazon Drone Delivery Safety and FAA Relations Executive Leaves Company

Lanon Wee

Dec 12, 20232 min read

Former Amazon Drone Delivery Safety and FAA Relations Executive Leaves Company

CNBC has learned that Sean Cassidy, the head of safety, flight operations, and regulatory affairs for the drone delivery unit, has left...

Oracle Corporation Stock Prices Decrease Following Lower than Expected Revenue

Lanon Wee

Dec 12, 20232 min read

Oracle Corporation Stock Prices Decrease Following Lower than Expected Revenue

Oracle's revenue failed to meet expectations for three operating segments, resulting in a decline in the stock's price after-hours. ...

Over 15% of Teens Report They Are Typically Active on YouTube or TikTok

Lanon Wee

Dec 12, 20232 min read

Over 15% of Teens Report They Are Typically Active on YouTube or TikTok

U.S. adolescents are keeping up with YouTube and TikTok, experiencing a use rate of nearly 1 in 5 professing to make use of these...

Barbie and Shakira Prove Popular in Google Searches for 2023

Lanon Wee

Dec 12, 20233 min read

Barbie and Shakira Prove Popular in Google Searches for 2023

Google's yearly review suggests that 2023 was a year of major movie releases and celebrity deaths. In 2023, Barbie and Oppenheimer were...

Experience Apple's New Journal App: A Review of the Latest iPhone Update

Lanon Wee

Dec 12, 20234 min read

Experience Apple's New Journal App: A Review of the Latest iPhone Update

Apple introduced an AI-based journal application for iPhones that was included in the iOS 17.2 update on Tuesday. If you click onto the...

Microsoft Collaborates with Unions to Address Worries Over AI Replacing Jobs

Lanon Wee

Dec 12, 20232 min read

Microsoft Collaborates with Unions to Address Worries Over AI Replacing Jobs

Microsoft declared on Monday that they would collaborate with labor unions to form a "consultative discussion" on the future of...

Bitcoin Volatility Demonstrated with Weekend Price Drop of $3,000

Lanon Wee

Dec 12, 20232 min read

Bitcoin Volatility Demonstrated with Weekend Price Drop of $3,000

Tune in every weekday at 3 PM ET for an exciting show! Bitcoin dropped by 7% on Monday, subsequent to achieving a pinnacle of $44,000 a...

Wells Fargo Boosts Snap Equity to One-Year High

Lanon Wee

Dec 12, 20231 min read

Wells Fargo Boosts Snap Equity to One-Year High

On Monday, Snap's shares were at their highest in over a year following a bullish report from Wells Fargo analysts. The report included...

Wells Fargo and Other Banks Investigated for Mortgage Pricing Discrimination

Lanon Wee

Dec 12, 20233 min read

Wells Fargo and Other Banks Investigated for Mortgage Pricing Discrimination

The Consumer Financial Protection Bureau issued an official notice to Wells Fargo regarding issues with its utilization of mortgage rate...

SumUp Secures $307 Million Despite Fintech Funding Decline, Challenges Jack Dorsey's Block

Lanon Wee

Dec 11, 20232 min read

SumUp Secures $307 Million Despite Fintech Funding Decline, Challenges Jack Dorsey's Block

SumUp, a British payments startup, received 285 million euros ($306.6 million) in an investment led by Sixth Street Growth and Bain...

SumUp Gains $307 Million Despite Fintech Funding Slowdown, Challenging Jack Dorsey's Block

Lanon Wee

Dec 11, 20232 min read

SumUp Gains $307 Million Despite Fintech Funding Slowdown, Challenging Jack Dorsey's Block

SumUp, a British payments startup, has obtained 285 million euros ($306.6 million) in a fundraising backed by Sixth Street Growth and...

Lanon Wee

Dec 11, 20232 min read

Alex Jones and Andrew Tate Reunite at X

Alex Jones, a conspiracy theorist, has rejoined X - previously Twitter - after Andrew Tate, an arguable public figure, shared a message...