Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet? Both OpenAI’s ChatGPT and Google’s Bard are dominating headlines recently, for their generative capabilities and vast storehouses of information. Each has far more […]
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Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international standards, Japan’s top currency diplomat Masato Kanda said on Tuesday. The move will be among key themes of G7 discussions that Japan chairs this year, as part of efforts to address […]
Meta Platforms on Tuesday began rolling out its payments tool to small and medium-sized firms through its WhatsApp messaging platform in Brazil, part of Meta’s strategy to use the Brazilian market as a key test space for business messaging. The development of business messaging has become all the more urgent as Meta’s core advertising business […]
Oil fell on Thursday as weak U.S. economic data raised concerns over a potential global recession and demand reduction, but benchmark prices were headed for a weekly advance after OPEC+ announced further output cuts and U.S. oil stocks dropped. Brent crude futures fell 41 cents, or 0.5%, to $84.58 a barrel by 0616 GMT. West […]
The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters this week. The move follows the introduction of a new U.S. legislation that would allow the White House to ban TikTok or other foreign-based technologies if they pose […]
Stellantis and BMW are in talks with Panasonic Holdings about teaming up to build electric vehicle battery plants in North America, the Wall Street Journal reported on Tuesday, citing people familiar with the talks. Global automakers are investing billions of dollars to setup battery plants for electric vehicles, as demand surges for less polluting transport […]
TikTok has been making headlines ever since it debuted and went viral. Is “viral” even the right word to describe the cultural reset it triggered? Unfortunately, most of these headlines are not in the app’s favor, including adding to the mental health crisis among U.S. teens AND United Arab Emirates (UAE) teens and spreading misinformation […]
On an April day, the founder of a U.S. startup called Make Sunsets stood outside a camper van in Mexico’s Baja California and released two weather balloons containing sulfur dioxide into the air, letting them float towards the stratosphere. Entrepreneur Luke Iseman said the sulfur dioxide in the balloons would deflect sunlight and cool the […]
The launch of cheaper postpaid plans with unlimited 5G by Reliance’s Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday. Jio, the telecoms unit of Indian conglomerate Reliance Industries, launched new postpaid plans last week, […]
Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led payments firm overstated its user counts and understated its customer acquisition costs. “Our 2-year investigation has concluded that Block has systematically taken advantage of the demographics it claims to be helping,” the short seller said in a note […]