DeepSeek limits registrations due to cyber attack What is DeepSeek? DeepSeek aims to develop AI technologies similar to OpenAI’s ChatGPT and Google’s Gemini. By 2021, the startup had acquired thousands of computer chips from U.S. chipmaker Nvidia, crucial for creating powerful AI systems. Who is Liang Wenfeng? High-Flyer, a top-performing Chinese quantitative hedge fund, founded…
Category: Business & Finance
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UK’s cryptocurrency surge: FCA approved exchanges lead secure trading
The United Kingdom’s cryptocurrency landscape has experienced remarkable growth in recent years, establishing itself as a prominent global hub for digital asset adoption. According to recent data from the Financial Conduct Authority (FCA), approximately 7 million British adults—representing 12% of the nation’s adult population—currently hold cryptocurrency investments as of August 2024. Moreover, the FCA’s comprehensive…
How Tech Startups are Shaping the Future of Karachi
Karachi, the bustling metropolis of Pakistan, has long been known for its vibrant culture, economic significance, and diverse population. In recent years, however, a new narrative has begun to unfold – one that centers on innovation, technology, and entrepreneurship. Tech startups in Karachi are not only transforming the city’s economic landscape but also impacting the…
How to buy audible books: A comprehensive guide
What are audible books? Audible books, often called audiobooks, are recorded readings of books or other written content. These recordings can be listened to on various devices like smartphones, tablets, computers, and dedicated e-readers. Audible books are a fantastic way to enjoy literature while multitasking, such as driving, working out, or simply relaxing. The format…
Your Guide To Iowa’s Workers’ Compensation Laws: What Cedar Falls Employees Should Know
Understanding workers’ compensation laws in Iowa is crucial for Cedar Falls employees. These laws aim to protect workers who suffer injuries on the job. The process can seem complex, but knowing the basics can help. The primary goal is to ensure you receive the necessary medical care and benefits if you are injured. This guidance…
ADMS: Everything You Need to Know
The Advanced Distribution Management System (ADMS) is a critical component in modern power distribution networks, providing utilities with the necessary tools to monitor, control, and optimise their operations. As the complexity of electrical grids increases due to the integration of renewable energy sources, smart meters, and advanced electrical equipment, ADMS becomes indispensable. This blog will…
Pakistan may boost IT services exports to $10 billion with strategic interventions
Pakistan could potentially boost its IT services exports to $10 billion in the near future, according to a recent study by the Pakistan Institute of Development Economics (PIDE). However, the study emphasizes that “strategic policy interventions are essential across short and long-term horizons to propel the IT industry into a robust era of sustainable growth…
Gold jewelry demand declined over 50% in the last 5 years
Gold prices have surged 238% in last five years Consumers face pressure from a punishing cost of living and this, combined with gold price strength, generated a drop in demand for gold jewelry. Habib ur Rehman, an office bearer of Pakistan Gems & Jewelry Traders and Exports Association, said people were not buying jewelry anymore….
Three Biometric Data Points Instagram Collects Without User Awareness
In the digital age, our online presence has become an extension of our physical selves. Social media platforms, particularly Instagram, have come a long way from being simple photo-sharing apps. They are now complex ecosystems that capture and analyze our every interaction. While we willingly share snippets of our lives, the depth of data collection…
Financing costs decline below benchmark rate as Pakistani banks race to disburse $128.5bn
Pakistani borrowers can now secure loans at interest rates far below the benchmark, as banks scramble to disburse approximately PKR 3.6 trillion ($128.5 billion) by the end of the year to avoid additional taxation. This unusual scenario has developed as banks try to meet the required Gross Advances to Deposit Ratio (ADR) mandated by the…
Letting go of unused gift cards: A lesson in financial self-care
We’ve all done it—received a gift card, felt that initial spark of excitement, and then… promptly forgotten about it. Months later, we stumble across that little piece of plastic, tucked away in a drawer, gathering dust. And then the familiar thought comes creeping in: I’ll use this one day. But here’s the thing: most of…
How Fintech Tools Are Changing Investor Behavior
Fintech has been reshaping the world of finance for a while, but the impact it’s had on investor behavior is undeniable. Not too long ago, managing investments was reserved for seasoned professionals, requiring a deep understanding of the market, lots of time, and a hefty amount of money. Now, thanks to the rise of fintech…