Author: Sam Kim

Czech National Bank to assess Bitcoin for reserve assets

Czech National Bank to Assess Bitcoin for Reserve Assets The financial world is abuzz with the latest news coming out of the Czech Republic, where the Czech National Bank has announced its plans to assess Bitcoin for potential inclusion in its reserve assets. This move comes as the debate surrounding the role of Bitcoin in […]

FED chair Powell calls for stronger crypto regulations

FED Chair Powell Calls for Stronger Crypto Regulations The world of cryptocurrency has been a hot topic in financial circles for quite some time now. With the rise of Bitcoin, Ethereum, and a plethora of other digital currencies, the need for regulations has become increasingly apparent. Recently, Federal Reserve Chair Jerome Powell made headlines by […]

Strong software demand lifts IBM’s profits

Strong Software Demand Drives IBM’s Profits to New Heights In a digital age where technology reigns supreme, the demand for innovative software solutions has never been higher. IBM, a global leader in technology and consulting services, has recently experienced a surge in profits thanks to the robust growth of its software segment. This growth, the […]

Bitcoin law amended in El Salvador after IMF agreement

Bitcoin Law Amended in El Salvador: A Shift Towards Voluntary Acceptance El Salvador has recently made waves in the financial world by becoming the first country to adopt Bitcoin as legal tender. This move was initially met with both excitement and skepticism, as the Central American nation sought to embrace the world of cryptocurrency. However, […]

Vodafone achieves world first satellite video call

Vodafone Makes History with World’s First Satellite Video Call In a groundbreaking moment for telecommunications, Vodafone recently achieved the world’s first satellite video call. This pioneering event marked a significant leap forward in connectivity, showcasing the power of innovation and technology in bridging communication gaps. The call took place in the remote Welsh mountains, a […]

Deckers Outdoor Raises Annual Net Sales Target for Second Time on Robust Demand

Deckers Outdoor Raises Annual Net Sales Target for Second Time on Robust Demand Deckers Outdoor Corp, the parent company of popular footwear brands like UGG and Hoka One One, has recently announced an upward revision of its annual net sales target for the second time this year. This decision comes on the heels of robust […]

Puig Posts 14% Rise in Holiday Sales

Puig Posts 14% Rise in Holiday Sales Puig, the Barcelona-based powerhouse known for its luxurious perfume brands such as Rabanne, Carolina Herrera, and Jean Paul Gaultier, has recently reported a significant surge in holiday sales. The company disclosed that its net sales for the final quarter of the year, spanning from October to December 31, […]

Kering Sells Italian Luxury Outlets to Alleviate Debt

Kering Sells Italian Luxury Outlets to Alleviate Debt In a strategic move to alleviate debt and streamline its operations, the French luxury conglomerate Kering has recently announced the sale of its Italian luxury outlets. This decision is expected to bring in a substantial sum of €350 million, further solidifying Kering’s position in the ever-competitive luxury […]

Italy demands answers from Chinese AI firm DeepSeek on data use

Italy Demands Answers from Chinese AI Firm DeepSeek on Data Use Italy has recently raised concerns and demanded transparency from the Chinese AI firm DeepSeek regarding its data usage practices. This demand comes in the wake of DeepSeek’s soaring popularity, surpassing even ChatGPT in the competitive US App Store. While the app’s success is undeniable, […]

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