The meltdown in TerraUSD, one of the world’s largest stablecoins, rippled through cryptocurrency markets on Thursday, pushing another major stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in a sell-off in risk assets, which has picked up steam this week as data showed U.S. inflation running […]
Search results for "TECHNOLOGY"
The future is for the techies. For some years, technology firms have been the most profitable businesses worldwide. It appears that tech businesses will maintain their dominance in the coming decades. If you are looking for a career that is challenging, financially abundant, and guaranteed to expand, then the following the below tech are the […]
Elon Musk tweeted that his $44-billion deal for Twitter Inc was “temporarily on hold” on Friday while he waits for data on the proportion of its fake accounts, sending shares in the social media platform plunging. Tesla CEO Musk, who added that he was still committed to the acquisition, decided to waive due diligence when […]
The financial technology (FinTech) ecosystem is witnessing a power shift, one never seen before in the financial sector. To maintain its growth, the industry must impose a strategic power on the sector by implementing the right solutions and insights into the banking sector to fulfill its growth ambitions by optimizing financial institutions’ guidance and support. […]
State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 billion, two people with knowledge of the matter said. Sihuan is attractive to China Resources (Holdings) Co Ltd, they said, due to sharp growth for its medical […]
Is this it? Are we seeing the downfall of NFTs? Is the craze over? Can teenagers go back to working part-time instead of netting fortunes flipping Devious Ducks and Greedy Gorillas? Can the world return to normal, please? Well, the answer is a little bit more nuanced than a simple yes or no, but mostly, […]
67 percent of teachers are under unprecedented pressure — how can tech help? The pandemic has made educator’s jobs even more challenging — according to the Times Educational Supplement Staff Wellbeing Survey, 67 percent of teachers had an unmanageable workload in 2021, compared to just 22 percent in 2020. To prevent work from spilling over […]
Quick, think of a scary technology – one with the potential to enslave humankind or destroy the earth. Did you think of AI? Few other technologies generate the fear factor of artificial intelligence. Ever since Alan Turing introduced the idea in 1948, people have wondered what would happen if machines outsmarted their creators and took […]
The U.S. stock market is off to brutal start in 2022. The S&P 500, which is widely considered to be the main benchmark for U.S. stock market performance, declined 13.3 percent through April, the steepest four-month drop to start any year since 1939. The index continues to fall in May and was down 16 percent […]
The futuristic league of 5G, Blockchain, and IoT will birth a balanced ecosystem, colliding telcos capabilities, IoT applications, and a cryptographic ledger to optimize business and daily functions. The mobile wireless network industry witnessed heavy alternations and developments throughout the years. Developments that brought it to the advanced level it is in right now. Communication […]