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Month: May 2023

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  • Rakuten is down 9% after the report.

Rakuten is down 9% after the report.

An e-commerce firm’s capital was depleted due to lost mobile devices. After it was revealed that the online company was in the final stages of discussions to raise around 300…

A decline in Binance helps Huobi grow.

Binance Spot Share Drops After Zero Fee Supply Cap Data from market research firm Kaiko shows that competitor cryptocurrency exchanges Huobi and OKX gained as a result of Binance capping…

Meta touts the metaverse’s potential.

Metaverse will transform professional learning. By positioning the metaverse as a tool for workforce training, Meta Platforms Inc. intends to revive interest in the metaverse and demonstrate that the social…

Japanese stocks rise to the 1990 high.

The Japanese Topix index rises to its highest level. The majority of Asian stocks increased, with Japan’s Topix index reaching its best level since 1990 on hopes that the third-largest…

Soros cuts stake in Rivian after 90% fall

The billionaire’s stock portfolio is valued at about $5 billion. The investment firm of George Soros has reduced its holdings in producers of electric vehicles by selling its shares in…

India renews its call on chip makers.

Chip makers get a new chance to apply for incentives. To promote domestic manufacturing, India is ready to relaunch its attempts to entice potential chipmakers to the nation. New Delhi…

Gold drops

Bullion can enter into a win-win scenario. As investors concentrated on incoming US inflation data, which the Fed will consider as it decides when to suspend the tightening cycle, gold…

Oppo abandons chip design

The global smartphone market continues a protracted decline. As the global smartphone market continues its protracted downturn, Oppo, the largest smartphone manufacturer in China, is closing its chip design division.…

Google enters the foldable market.

$1,799 Google Pixel The $1,799 entry-level Pixel foldable smartphone and home tablet is the latest effort by Google Alphabet Inc. to increase hardware sales in a market dominated by Apple…

Toyota forecasts conservative earnings.

Shares of a Japanese automaker rise after a buyback announcement. As the company’s new CEO, Koji Sato, tries to keep his pledge to swiftly expand the production of electric vehicles,…

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