News
News

Russian Pranksters Target Federal Reserve Chair Jerome Powell in Video Call

Comedians Vladimir Krasnov and Alexei Stolyarov, also known as Vovan and Lexus, claim credit for the stunt. TWC – The head of the US central bank, Jerome Powell, was pranked by Russian comedians Vladimir Krasnov and Alexei Stolyarov, known as Vovan and Lexus. The duo, who have previously targeted high-profile figures such as Prince Harry […]

Read More
News

Founder of financial aid site Frank, Charlie Javice running out of money

JPMorgan’s acquisition of Frank founder Charlie Javice is causing legal troubles and cutting off her funding sources. TWC – Charlie Javice, the founder of Frank, a financial aid site, who sold her company for $175 million, is now running out of money. Javice is fighting multiple lawsuits, one against JPMorgan Chase, the company that acquired […]

Read More
News

Clubhouse lays off half of its workforce to refocus on product development

Audio-based social media app aims to launch the next evolution of its product TWC – Clubhouse, the audio-based social media app that quickly gained popularity during the pandemic, has announced that it is laying off half its workforce to refocus on product development. In a Thursday email to employees, founders Paul Davison and Rohan Seth […]

Read More
News

Amazon Shares Fall as AWS Optimizations Take a Toll on Q1 Earnings

Amazon’s Q1 earnings beat expectations, but cautious comments regarding AWS customers’ optimizations resulted in a slowdown in growth and a 2% drop in share prices. TWC – Amazon reported its first-quarter earnings on Thursday that exceeded expectations and initially led to increased shares. However, the slowdown in Amazon Web Services (AWS) cloud unit due to […]

Read More
News

Singapore Doubles Property Tax Rate for Foreign Buyers

To ease affordability for locals and cool the red-hot housing market, Singapore has doubled its tax rate for foreign property buyers. TWC – Singapore’s government is implementing measures to cool its red-hot housing market, including increasing property taxes to ease locals’ affordability and maintain its financial hub competitiveness. In a statement, the government announced that […]

Read More
News

PM Anwar defends Madani Aidilfitri open house as the government’s effort to connect with the people

Prime Minister Datuk Seri Anwar Ibrahim dismisses claims of ulterior motives, says the open house is not a waste but a government programme TWC – Prime Minister Datuk Seri Anwar Ibrahim has dismissed claims that the Madani Aidilfitri open house organised in six states has ulterior motives, stating that it is a government programme aimed […]

Read More
News

Bank of Japan Maintains Large-Scale Monetary Easing Policy

BOJ confirms effects and side effects of monetary easing policy for future operations at the monetary policy meeting Kyodo News Agency, April 28 – The Bank of Japan has decided to maintain its current large-scale monetary easing policy at its monetary policy meeting on the 28th. The decision was made unanimously by the nine policy […]

Read More
News

Vipshop, BYD, Hongdou and Others Win National May 1 Labor Award

Private Enterprises Take Center Stage in National Worker Pioneer Commendation Conference Beijing hosted the National Worker Pioneer Commendation Conference and celebrated the “May 1” International Labor Day on April 27, 2023. The event recognized individuals and groups for winning the National May 1st Labor Award, National May 1 Labor Medal, and National Worker Pioneer. The […]

Read More
News

China’s Digital Economy to Reach 50.2 Trillion Yuan, Ranks 2nd Globally

China’s digital economy is set to grow significantly with a nominal annual growth rate of 10.3%, accounting for 41.5% of GDP, per the Digital China Development Report (2022). The latest report from Mainland China shows that the digital economy’s scale is expected to reach 50.2 trillion yuan in 2022, securing the second spot in the […]

Read More
News

Pinecone AI Platform Raises $100 Million, Valued at $750 Million

Andreessen Horowitz, Iconiq, and Menlo Ventures invest in Pinecone’s AI platform for vector data storage Pinecone Systems Inc. has raised $100 million in a funding round, with participation from Andreessen Horowitz, Iconiq, Menlo Ventures, and Wing Venture Capital, valuing the AI platform at $750 million. The New York-based startup provides vector data storage for large […]

Read More
error: Warning: Unauthorized copying detected. Content protected.