Nvidia (NASDAQ:), one of the global leaders in artificial intelligence (AI) chip production headquartered in California, reportedly faced a police raid in its French offices this week. The action came as a part of a general inquiry of French antitrust authorities into the cloud computing sector. The Wall Street Journal reported the raid on Sept....
Just under a year ago, the buzzy new social app BeReal looked to be on the rise, with reportedly 20 million users launching the app every day to snap their candid photos. However, in the months since, BeReal’s traction has declined, according to a new report from Similarweb, despite its rollout of new features like...
According to Bloomberg, Founder and Managing Director Mohamed Alabbar is in talks with Saudi Arabia’s housing ministry to create sizable mixed-use buildings there. Emaar Properties is the largest developer in Dubai. The developer will likely start working on a 4,000-unit housing project if “an agreement is reached with the ministry,” Bloomberg reported. “We’re in serious...
ABU DHABI, 28th September, 2023 (WAM) — Worldwide employment in renewable energy reached 13.7 million in 2022, an increase of one million since 2021 and up from a total of 7.3 million in 2012, according to a new report by the International Renewable Energy Agency (IRENA) and the International Labour Organisation (ILO). The tenth edition...
X (formerly Twitter) appears to have removed an option that allowed users in a handful of markets to directly report misleading information about politics. An Australian digital research group called Reset.Australia spotted the change and posted an open letter (via the Guardian), addressed to X’s country manager, in which it writes: A recent change to...
© Reuters. New vehicles are seen at a parking lot in the Port of Richmond, at the bay of San Francisco, California June 8, 2023. REUTERS/Carlos Barria (Reuters) – U.S. new-vehicle sales are set to rise in September from a year ago, helped by sustained demand, according to Cox Automotive. Sales volumes in the current...
Crypto exchange Coinbase (NASDAQ:) attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022, hoping to broaden its derivatives business overseas. The company, however, has decided not to go forward with the deal, Cointelegraph has learned. According to a report from Fortune, Coinbase explored acquiring FTX’s European arm on two occasions,...
© Reuters. FILE PHOTO: Coins and a banknote of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging...
© Reuters A paper published by the Institute of Risk Management (IRM) concluded that (BTC) has the potential to be a catalyst for a global energy transition. IRM Energy and Renewables Group members Dylan Campbell and Alexander Larsen published a report titled “Bitcoin and the Energy Transition: From Risk to Opportunity.” The paper argued that...
Sat 23-09-2023 10:48 AM RIYADH, 23rd September, 2023 (WAM) — Saudi Arabia’s gross domestic product (GDP) has exceeded the ceiling of SAR 4.155 trillion ($1 trillion) for the first time, with the Kingdom joining the trillion-dollar club and achieving the national goal well ahead of the target date of 2025, according to a new report...