Latest Articles
Tokopedia Founder Sells His GoTo Stake, GoTo Shares Plummet by 19%
By Darya Rudz
• 3 mins read
Over the last week, GOTO stock lost about 20% in price, from 83 rupiahs per share on Monday to an all-time low of 67 rupiahs on Friday, with its market cap dropping to 80.5 trillion rupiahs from 101 trillion rupiahs.
Asia on Way to Becoming Next Crypto Hub
By Darya Rudz
• 3 mins read
Asia is getting filled with a growing number of blockchain enthusiasts, while the rest of the world is waiting for crypto winter to start.
Qualcomm to Lay Off over 1200 California Employees
By Darya Rudz
• 3 mins read
Out of the 1,258 job cuts, more than 750 positions are from different levels of Qualcomm’s engineering ranks. The rest of the reductions cover a broad range of roles such as internal technical staff and accounting.
China Launches Its First Industrial Park for Digital Yuan CBDC Development
By Darya Rudz
• 3 mins read
Currently, there are nine residents of the park. All of them will get access to ten government initiatives introduced to “boost the development” of the digital yuan ecosystem. The initiatives include payment solutions, smart contracts, hard wallets, and digital yuan promotion.
Alphabet’s AI Lab DeepMind Cut Employee Costs by 39% in 2022, Reported Decline in Profit
By Darya Rudz
• 3 mins read
Despite these financial challenges, Google, which acquired DeepMind in 2014, has committed to extending financial support to the company for at least another 12 months from September 28.
Cristiano Ronaldo and Binance Release CR7 ForeverZone NFT Collection
By Darya Rudz
• 3 mins read
The NFTs are available for free. To claim a CR7 ForeverZone Box, users have to open the Binance Promotion Page, complete and pass KYC verification, and collect an NFT.
Bitstamp to Exit Canadian Market in January 2024
By Darya Rudz
• 3 mins read
The reason behind the decision to leave the Canadian market was not revealed by Bitstamp. Notably, the exchange follows Binance, OKX, and Bybit which announced their exit from Canada earlier.
Microsoft Launches New AI Tools to Assist Healthcare Organizations
By Darya Rudz
• 3 mins read
Healthcare organizations are struggling to keep up with higher volume and increasing variety of data, it is challenging to organize the data properly. Using generative AI, Microsoft will help with that.
PepsiCo Q3 Earnings Report: Higher-Than-Expected Revenue and Bright 2023 Outlook
By Darya Rudz
• 3 mins read
Following the earnings report, the shares of PepsiCo saw a price increase. Yesterday, PepsiCo stock closed the trading session at $161.36 per share. In the pre-market trade today, PepsiCo shares are 0.84% up, or at $162.71 per share.
Cruise Operators Raising Prices as Travel Demand Is Surging
By Darya Rudz
• 3 mins read
In 2024, the prices are expected to further go up. According to a Wall Street analyst Brandt Montour, the rise in ticket prices for 2024 sailings will be set 20% to 30% higher than 2019 levels.