Fintech companies Tally and Score have recently ceased operations, leaving thousands of users seeking alternatives. Tally, which offered credit card debt management solutions, abruptly discontinued its services following unsuccessful funding rounds. Score, a dating app for high credit score individuals, struggled to keep pace with rapidly evolving technology and user expectations. Speculation around Tally’s shutdown ... Read more ›
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Generation Z members Cooper Scanlon and Rushi Manche left Vanderbilt University in 2022 to establish their blockchain-driven startup, Movement Labs. The duo has been paving the way in blockchain innovation, aiming to decentralize the internet and challenge the conventional systems of governance. They’re also the developers of an innovative blockchain protocol that’s been hailed as ... Read more ›
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Oil prices saw a dip on Wednesday, largely due to an increase in U.S. crude inventories and easing tensions in the Middle East. The heightened U.S. crude inventories indicate a surplus of supply which drives prices down, while the reduction of geopolitical strain in the Middle East removes pricing pressure, furthering the downturn. These trends, ... Read more ›
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Artificial Intelligence (AI) has been making significant contributions to business growth, specifically in recruitment and academic settings. University lecturer, Sean Ammirati insists that mastery of AI technology is a crucial skill in the ever changing business environment. Ammirati, who has been teaching an entrepreneurship module at Carnegie Mellon University for over a decade, has witnessed ... Read more ›
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The EURUSD currency pair finds stability at levels not seen since 2023, driven by ongoing market optimism. The currency pair’s performance is bolstered by positive economic indicators from both the Eurozone and the United States, fostering investor confidence and strengthening their respective currencies. Both regions’ forthcoming economic policies are anticipated to steer the currency pair’s ... Read more ›
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Managing Office 365 groups and distribution lists can be a daunting task. GroupFlux, an Austin-based SaaS startup founded in 2024, aims to simplify and streamline this process by providing real-time updates, activity auditing, and self-service capabilities for users. Founded by the innovative team at Group Flux Hive Innovations, GroupFlux’s mission is to empower businesses to ... Read more ›
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In today’s job market, companies often struggle to attract top talent, especially smaller startups that lack the brand recognition and resources of larger, established firms. Draftboard, a New York-based B2B2C startup founded in 2022, aims to level the playing field by connecting these companies with game-changing candidates through its innovative referral network. Founded by Zach ... Read more ›
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Managing large volumes of time-stamped data has become a critical challenge for organizations. ReductStore, a Hamburg-based B2B software startup founded in 2024, is on a mission to transform data management for edge AI by delivering the fastest and most efficient time-series object store in the industry. Founded by Alexey Timin, a senior developer, and Anthony ... Read more ›
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The world of hardware development is notoriously challenging, with engineers often spending countless hours poring over datasheets to find the right electronic components for their projects. Brandon Bourn and Collin Stoner, the founders of Zenode, have experienced these challenges firsthand, having designed over 250 printed circuit boards and taken more than 100 through manufacturing. Now, ... Read more ›
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For small and medium-sized enterprises (SMEs), managing expenses can be a daunting task. Surprisingly, 47% of SMEs in the West still rely on paper or Excel sheets to track their expenses, leading to time-consuming processes, inaccuracies, lack of real-time insights, and compliance issues. Enter ExpenseMonkey, a startup founded in 2024 by Jaroslav Filak and Matthieu ... Read more ›
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Asian currencies largely held steady on Wednesday. The yen slightly fell following its notable rise earlier this week, yet the Chinese yuan and the Singaporean dollar among others remained stable. Notably, the U.S. dollar is lingering at a seven-month low due to potential U.S interest rate cuts. This economic uncertainty contributes to the U.S. dollar’s ... Read more ›
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Chris Buckler, a Maryland educator, has found himself unable to access nearly $40,000 due to a critical error committed by a financial technology firm, Juno. Buckler had initially invested his cash in Juno, attracted by the promise of federal bank protections. However, amidst internal audits and technical glitches, Juno inadvertently locked Buckler out of his ... Read more ›
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U.S. stock futures saw a slight downturn, marking a brief halt in the winning streaks of the S&P 500 and the Nasdaq Composite. A minor five-point decrease in early trading represents the markets taking a breather after recent gains. Investors are poised for the release of forthcoming economic data and corporate earnings reports which will ... Read more ›
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Mandiant’s Managed Defense division recently tracked a rise in malware infections linked to a malicious advertisement campaign promoting a loader called FakeBat. This campaign seemingly targets individuals seeking credible business software, exploiting their trust and unawareness to propagate the malware. The malware utilizes a compromised version of the MSIX installer, running a PowerShell script to ... Read more ›
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General Motors (GM) has confirmed that it will be reducing its global workforce by removing over 1,000 salaried positions within its software and services division. This move is part of an internal initiative to increase overall operational efficiency. The majority of these layoffs, approximately 600, will affect GM’s tech campus located in Detroit. The company ... Read more ›
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Gold prices hit a historic high on Tuesday, driven by the expectation of a potential cut in interest rates by the Federal Reserve. Gold prices surged 0.7%, achieving a record of $2,522.17 per ounce. Subsequently, U.S. gold also rose by 0.8%, reaching $2,561.10, revitalizing investors’ confidence in the gold market amidst some uncertainty. The speculated ... Read more ›
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The Euro achieved a high of $1.11 in 2024, underscoring its strength amid significant changes in the forex market. Though this prompted investors to celebrate the surge, it also provoked considerable contemplation about financial stability. Economic fluidity remains a global trend, as experts cautiously foresee continuous growth in the future. Simultaneously, the U.S. dollar wobbles ... Read more ›
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The rising influence of Artificial Intelligence (AI) is unmistakably evident in the business landscape. From enhancing recruitment processes to boosting profits, many new ventures are harnessing AI’s power to improve not just operational efficiency but customer service and decision-making as well. Through AI, businesses can swiftly analyze complex data and identify patterns, leading to informed, ... Read more ›
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Unprecedented wealth is currently being transferred from retiring baby boomers to younger generations, signifying the perseverance of small businesses during tough economic times. Elder generations are passing on valuable assets, including well-established small businesses, to millennial and Gen Z entrepreneurs, thus sparking a trend of economic resilience and adaptability. These small businesses have shown tenacity ... Read more ›
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Every month, countless retirement payments are distributed to American citizens by the United States government through the Social Security Administration (SSA). The payments can potentially add up to $4,873, but the precise amount depends on an individual’s ability to maximize their unique monthly benefits. Once these benefits start, it’s impossible to increase their value. Some ... Read more ›
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Most popular sources
Tech Wire Asia
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33% 11 |
Business Insider
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25% 3 |
CNET
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7% 0 |
Gizmodo
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4% 0 |
TechRadar
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4% 2 |
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29.11.2024 11:50
Last update: 11:41 EDT.
News rating updated: 18:41.
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