A renowned tech company has issued a serious safety warning for its popular AI Pin product due to a potential fire hazard associated with its charging case. This concern stems from a quality issue with the third-party battery cells used. Read more on Humane, tech giant issues safety warning for AI Pin product… Read more ›
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Artificial intelligence (AI) advancements are paving the way for a new era of entrepreneurship where startups can be run by less than ten people. As OpenAI CEO, Sam Altman predicts, cutting-edge technology is set to empower visionary individuals to operate and shape the future of business with unprecedented autonomy. Read more on AI advancements shaping leaner entrepreneurship era… Read more ›
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On Wednesday, U.S. stocks saw a robust surge, with S&P 500 and the Nasdaq Composite Index hitting new records. The S&P 500 rose by 1.18%, settling at 5,354.03, and the Nasdaq Composite increased by 1.95%, closing at 17,186.38. This rally was largely fuelled by optimism around economic recovery and higher corporate profits, as well as the rise in oil prices which buoyed the energy and materials sectors. Read more on... Read more ›
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Minor fluctuations in Stock Futures were seen in the early hours of Thursday, following a record-breaking close by the S&P 500, largely due to the strong performance of Nvidia, a leading artificial intelligence chip company. Dow Jones Industrial Average also showed modest gains later in the day. Read more on Minor fluctuations indicate investor confidence boost… Read more ›
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Recently, concerns have been raised over a feature within Google accounts that records audio input, such as web browsing and Google Assistant usage. While Google asserts this is solely for command monitoring and marketing improvement, it has raised numerous privacy concerns among users. Read more on Privacy concerns escalate over Google’s audio data… Read more ›
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Y Combinator, a prominent venture capital firm and business incubator, is recognized for fostering growth in renowned firms like Airbnb, Dropbox, and Stripe. Its rigorous three-month ‘boot camp‘ aids start-ups in developing their principles and establishing essential connections. Read more on Y Combinator’s rigorous program fosters thriving startups… Read more ›
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After an impressive decade of operation, the widely popular World of Beer in Destiny, USA, will close on June 30, 2024, marking the end of an era for this iconic social hub and gastronomy hotspot. Read more on World of Beer at Destiny USA announces closure… Read more ›
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Lottie Unwin, the innovative founder of Brand Hackers and UpWorld, has announced a significant change in her long-held view on remote working. This concept has been instrumental to her businesses’ success. Unexpectedly, she has retracted her strong endorsement for remote work. Read more on Lottie Unwin withdraws support for remote work… Read more ›
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Cathie Wood, a notable investor with Ark Investment Management, has expanded her portfolio by acquiring 100,000 shares in a struggling fintech entity, signaling her faith in its potential for a remarkable rebound. By taking this calculated risk, Wood envisages significant growth potential that outweighs the firm’s current undervaluation despite skepticism from critics. Read more on Cathie Wood invests heavily in struggling fintech… Read more ›
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The U.S. Small Business Administration (SBA) plans to introduce new government-supported credit lines for small businesses, expecting to provide up to $5 million through a new pilot program. The program aims to support businesses greatly affected by the pandemic, with priority grants given to businesses in rural and underserved areas and those owned by women, veterans, and minorities. Read more on SBA plans new credit lines for small businesses… Read more ›
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Recently, Paramount Global revealed its upcoming business endeavors, which represent potential redundancies and predictable sales, at an investor conference. A significant facet of these endeavors is the company’s internal reorganization. Layoffs have been proposed to optimize workflow and amplify overall efficiency. Read more on Paramount Global restructuring to optimize efficiency… Read more ›
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Co-founder of Reddit, Alexis Ohanian, and CEO of OpenAI, Sam Altman, have been contemplating the future of billion-dollar startups. They suggest these may require less than ten employees due to advances in Artificial Intelligence (AI). They propose a fusion of sophisticated AI, top talent, and robust business strategies to drastically shrink the number of staff needed to run large-scale companies. Read more on AI advancements could shrink billion-dollar startup teams… Read more ›
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Nium, a key player in the fintech industry, has recently experienced a 30% drop in market value following its recent funding round. Despite these financial challenges, Nium remains focused on expanding and enhancing its innovative, tech-enabled solutions. Read more on Nium experiences market drop, remains optimistic… Read more ›
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A mortgage startup that has successfully gathered $100 million in funds since 2017 recently relocated from Southern California to an undisclosed location, leading to unease among employees. Despite the move and internal disruption, the startup’s impressive fundraising successes remain, including a whopping $90 million raised between 2021 and 2023. Read more on Mortgage startup moves, stirs employee unease… Read more ›
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Cathie Wood, the head of Ark Investment Management, recently acquired 100,000 shares of the fintech company, PayPal, despite its ongoing slump. Wood has been recognized for her investment expertise and penchant for both large-scale tech stocks and smaller operations, leading her to earn a reputation for contrarian strategies and timely investments. Read more on Cathie Wood invests in struggling PayPal… Read more ›
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Despite economic challenges, American entrepreneurship proves resilient, seen in the surge of new start-ups. This trend contradicts the perception of a struggling economy, highlighting the nation’s economic dynamism. The U.S. Chamber of Commerce reveals that about 5.5 million citizens started new businesses last year. Most of these are online businesses, indicating a shift from traditional commerce to digital entrepreneurship. Read more on American entrepreneurship thrives amid economic challenges… Read more ›
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The New York Stock Exchange (NYSE) recently faced a technical issue causing a trading suspension for almost 40 stocks, including Berkshire Hathaway. The glitch displayed Berkshire Hathaway shares to be offered at a whopping 99% discount. NYSE swiftly announced the suspension and attributed this occurrence to a “technical issue”, launching an immediate investigation. Read more on Technical glitch disrupts New York Stock Exchange… Read more ›
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The advanced AI ChatGPT has demonstrated remarkable innovation by generating 200 business concepts in 15 minutes, beating a selection of business scholars in an experiment. These ideas were found not only unique but also feasible. Read more on AI ChatGPT generates 200 business concepts swiftly… Read more ›
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Remarkable technological advancement is no longer confined to Silicon Valley, but is flourishing throughout U.S. cities such as Miami, New York, Seattle, Chicago, and Atlanta. This geographic diversification, catalyzed by the rise of remote work amid the COVID-19 pandemic, heralds a new era of economic growth and job creation across America. Newer tech hubs are emerging, drawing startups and professionals due to improved infrastructures, favorable tax policies, and lower living... Read more ›
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In light of a potential rate reduction and the dollar’s ongoing decrease to a two-month low, gold values have succeeded in maintaining their stability. This is partially due to a slight drop in Asian markets despite the earlier session’s retained profits. Read more on Gold maintains stability amid potential rate cuts… Read more ›
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23.12.2025 13:01
Last update: 12:50 EDT.
News rating updated: 19:52.
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