Latest Economy News
Nvidia to Challenge Intel with Arm-Based PC Chips
Nvidia, the world's leading maker of graphics processing units (GPUs), is planning…
Nokia Job Cuts: A Sign of the Times for the Telecom Industry
Nokia, the Finnish telecom equipment maker, announced on Thursday that it would…
Bank of America’s Unrealized Losses on Securities Rise to $131.6 Billion
Bank of America's unrealized losses on securities rose to $131.6 billion in…
Foxconn and Nvidia Team Up to Build ‘AI Factories’
Foxconn, the world's largest electronics manufacturer, and Nvidia, a leading chipmaker, have…
Scotiabank Takes Charge in Fourth Quarter, Cuts Jobs to Reduce Costs
Canada's Scotiabank said on Wednesday that it would cut 3% of its…
IBM to Acquire Octo, Boosting Its Digital Transformation Capabilities
On December 7, 2022, IBM announced that it would acquire Octo, a…
US-China Tech War Heats Up as Biden Expands Curbs on Chip Exports
In a move that is likely to escalate tensions with China, the…
Amazon and Microsoft in Talks for $1 Billion Cloud Software Deal
Microsoft is in talks to sign Amazon as a customer for its…
Taylor Swift Fans Can Now Buy Movie Tickets With Bitcoin, Dogecoin, and SHIB
Taylor Swift fans who own cryptocurrency can now rejoice, as they can…
India’s Top Regulators Investigate Some Alternate Investment Funds
India's top financial regulators, the Securities and Exchange Board of India (SEBI)…