What is cryptocurrency? A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate…
Anthony Kongats stepping down as CEO of CAP-XX
LONDON, UK: CAP-XX announced that Mr Anthony Kongats has informed the Board of his decision to step down from full time employment and as a Director and CEO of the Company. The Company also announces that it is in advanced discussions with a proposed new CEO for CAP-XX, with this individual being based in Western…
Snap introduces Collab Studio to connect brands with top influencers
Snap, the parent company of Snapchat, announced on Tuesday the launch of its Collab Studio, a new way for brands to partner with Snap Stars to create sponsored content. The platform’s top influencers, including social-media personalities like David Dobrik and Hannah Stocking, can be reached out to directly by brands through the studio. With over…
Google Introduces Passkeys for More Secure and Convenient Account Access
Google has recently announced that it will be introducing passkeys as an alternative method for Google Account holders to access their accounts without the need for a password. This marks a significant shift in the way that users will access their Google accounts, moving away from the traditional use of passwords and towards more advanced…
Dyson to Invest £100 Million in New Technology Site in Bristol and £166 Million in R&D Campus in the Philippines
Dyson has announced its plans to invest £100 million in a new technology facility in Bristol as part of its expansion of robotics centres throughout the UK. The vacuum and battery manufacturer will employ hundreds of software and artificial intelligence engineers at the new site to create innovative products and apps. Dyson’s commercial and ecommerce…
Darden Restaurants acquires Ruth’s Chris Steak House for $715 million in all-cash deal
On Wednesday, Darden Restaurants announced that it will acquire Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak House, for $715 million in an all-cash transaction, valuing Ruth’s at $21.50 per share. Ruth’s Chris Steak House has over 150 locations worldwide and generated $505.9 million in revenue in 2022. The deal is expected to…
Setting up your Work-from-home Office space
A significant shift in the workplace since COVID has created the opportunity to work from home. Working from home has caused a drastic change in the way people perceive their work lives. Digital office management tools, video conferencing and remote working environments have been new for most workers. While some people have faced challenges around…
The Future of Work: How Technology is Changing the Way We Work and What it Means for the Labor Market
The way we work is changing rapidly, and technology is playing a major role in this transformation. In recent years, we have seen a shift towards automation, artificial intelligence, and remote work, which has transformed the traditional labor market. As we continue to embrace these changes, it is essential to understand how they will shape…
Samsung Galaxy S23 FE rumored to feature a 50MP camera
Samsung’s upcoming Galaxy S23 FE may feature a powerful 50MP imaging sensor, according to sources familiar with the matter. While the company is heavily focused on the release of its next-gen foldable devices, the Galaxy Z Flip 5 and Z Fold 5, rumors suggest that the S23 FE will hit the market just a few…
Tesla Resumes Taking Orders for Model 3 Long-Range Version in the US
Tesla Inc (TSLA.O) has reopened orders for its long-range version of the Model 3 sedan in the United States, after temporarily halting orders in 2022 due to delivery backlogs. The move comes as the electric vehicle maker tries to boost sales of its entry-level sedan and regain market share in the highly competitive EV market….
Lloyds Banking Group Posts Strong Q1 Results, Beats Expectations
Lloyds Banking Group PLC reported a 46% rise in Q1 profit, beating analysts’ expectations due to higher net income in a rising interest rate environment. The bank’s net income rose 15% YoY to £4.7bn while pre-tax profit improved to £2.26bn from £1.54bn. Underlying net interest income rose 20% to £3.54bn, driven by a stronger banking…
AMD Reports Better-Than-Expected Q1 Revenue and Earnings, Expects Growth in H2
AMD reported better-than-expected revenue and earnings for the first quarter of the year. However, the company’s stock declined by 6% in after-hours trading on Tuesday due to the chipmaker’s guidance for the current period, which fell short of analysts’ estimates. For the quarter ended in December, AMD’s adjusted EPS was 60 cents per share, surpassing…