Virtual Currency

OpenAI CEO Sam Altman recently said, “OpenAI hasn’t trained its AI large-language models such as GPT with paying customer data for a while. Customers clearly want us not to train on their data, so we’ve changed our plans: We...

Intel reported first-quarter results yesterday that showed a 133% annual reduction in its earnings per share. Revenue declined nearly 36% year over year to around $11.7 billion. The loss per share and sales were comparatively better than soft Wall Street anticipations. For the second...

GitLab shares declined as much as 38% after the provider of source code management software issued a full-year revenue forecast for GitLab that fell short of anticipations. GitLab lost 3 cents per share in comparison to the expected loss of 14...

China’s leaders take a cautious approach to the estimate for the country’s economic recovery, after removing most of the Covid restrictions on business activity that were imposed in 2022. China announced a target of around 5% Gross Domestic Product (GDP) growth...

CSRC announces new rules for overseas IPOs The China Securities Regulatory Commission (CSRC) recently announced new rules that require domestic firms to comply with national security regulations and the personal data protection law measures before going public overseas. China-based firms now...

Crypto market gains $84 billion despite tougher regulatory stance from US Authorities Crypto markets gained $84 billion in value yesterday despite tougher regulatory stand from the USA government. Bitcoin rose to $24,500.00 while ether was up at $1,679.31, as per the Coin Metrics. Vijay Ayyar,...

Center for Economics and Business Research (CEBR) says that high-interest rates by most influential central banks in the world to combat the inflation will lead to a recession in 2023. British consultancy in its yearly World Economic League Table said...