Category: industry
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French Startup, Mistral AI, Secures $640M Funding To Challenge Industry Giants
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Mistral AI team in Paris / Source: Mistral AI In the rapidly evolving world of artificial intelligence (AI), a French startup, Mistral AI, as a formidable competitor, ready to challenge the dominance of industry giants like OpenAI, Meta, and Anthropic. Founded in 2023 by former employees of tech giants Meta…
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Moody’s Drops Bombshell On Crypto Industry Amid High Interest Rate Cuts
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Moody’s Analytics Chief Economist Mark Zandi gave his opinion on a possible interest rate cut ahead of the meeting US Federal Reserve decision. The cryptocurrency community is closely monitoring this event, given how it will impact the cryptocurrency market. The US Federal Reserve should lower interest rates Zandi mentioned during…
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QIR1 2024: Not Bitcoin, but Gold. What Drives CFD Industry More?
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While everyone was waiting for the Bitcoin halving, the first quarter of 2024 brought other developments that further impacted the CFD industry. One of these factors was the rise in gold prices, which attracted attention and increased the activity of retail traders. But can this continue forever, generating permanent profits…
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Regenx Appoints Industry Veteran Bob Fair as Vice President of Operations
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Article content EDMONTON, Alberta, June 04, 2024 (GLOBE NEWSWIRE) — Regenx Tech Corp., (“the Company” or “Regenx”) (CSE: RGX) (OTCQB: RGXTF) (FSE: YRS WKN:A2DSW3) is pleased to announce that… Which you add to the executive management team. Bob Fair joins the company as Vice President of Operations for Regenx USA,…
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Crypto Industry Suffers $385 Million Loss To Hackers
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In May, the cryptocurrency community suffered massive losses to hackers, resulting in the highest loss toll recorded in 2024 so far.. according to a report From blockchain security firm Peckshield, hackers were able to steal $385 million in May, highlighting the sophistication of these bad actors and the ongoing need…
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Crypto Industry Suffers $385 Million Loss To Hackers
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In May, the cryptocurrency community suffered massive losses to hackers, resulting in the highest loss toll recorded in 2024 so far.. according to a report From blockchain security firm Peckshield, hackers were able to steal $385 million in May, highlighting the sophistication of these bad actors and the ongoing need…
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Is Israel’s tech industry bouncing back?
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Two years ago, in May 2022, trouble began brewing for Israel’s tech industry. The prestigious and flourishing that had been producing a new unicorn almost every week and hundreds of new millionaires every month, began to creak. Six months after stock markets began falling, and two months after the US…
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Spot Ether ETFs not the boon industry thinks
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While the SEC’s approval of Ethereum ETFs may provide some clarity on Ethereum’s non-security status, experts believe it could lead to unwanted repercussions on the ecosystem. After months of deliberations and delayed decisions, the US Securities and Exchange Commission (SEC) has accepted spot ETHs. However, this approval is currently limited…
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Spot Ether ETFs not the boon industry thinks
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While the SEC’s approval of Ethereum ETFs may provide some clarity on Ethereum’s non-security status, experts believe it could lead to unwanted repercussions on the ecosystem. After months of deliberations and delayed decisions, the US Securities and Exchange Commission (SEC) has accepted spot ETHs. However, this approval is currently limited…
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U.S. Flash PMIs Signal Stronger Industry Growth in May
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The latest round of manufacturing and services PMI readings from the US economy reflected a faster pace of expansion for both sectors. May Flash Manufacturing PMI: 50.9 (50.0 forecast, 50.0 previous) May Flash Services PMI: 54.8 (expect 51.2, previous reading upgraded from 50.9 to 51.3) The S&P Global Manufacturing PMI…
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B2Broker Attending FMAS:24 as Industry Leader
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The final countdown to the Finance Magnates Africa Summit (FMAS:24) is under way in Sandton City. As one of the most anticipated events of the year, the industry’s leading brokers are expected to be in attendance, including B2Broker. Ahead of the event, Finance Magnates spoke with B2Broker’s Chief Dealing Officer…
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Trump Campaign Develops Bitcoin Agenda With Industry Expert
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Bitcoin Magazine CEO David Bailey has publicly announced his collaboration with Donald Trump’s campaign to craft a crypto-friendly agenda, which could shape future US policy on digital assets. Using social media platform X, Bailey detailed his direct involvement in crafting a strategic vision for Bitcoin and other cryptocurrencies under a…
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Trump Campaign Develops Bitcoin Agenda With Industry Expert
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Bitcoin Magazine CEO David Bailey has publicly announced his collaboration with Donald Trump’s campaign to craft a crypto-friendly agenda, which could shape future US policy on digital assets. Using social media platform X, Bailey detailed his direct involvement in crafting a strategic vision for Bitcoin and other cryptocurrencies under a…
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Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions
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Coinbase’s second layer network – Base – has seen a return of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant attention from SocialFi apps like Friend.Tech. The Friend.Tech model, which funds social interactions, has drawn attention, especially with the launch of its v2 platform and the…
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Car Industry Urges UK Government Action to Boost Waning Electric Vehicle Demand
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Carmakers are sounding the alarm about slowing demand for electric cars among private buyers in the UK, leading to urgent calls for government intervention to reignite interest in battery-powered cars. Although overall UK vehicle registrations increased by 1% year-on-year to 134,000 in April, driven by fleet sales, sales to private…
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Spirit Airlines CEO is still salty after its failed JetBlue merger, calls the airline industry a ‘rigged game’—‘American consumers are the long-term losers’
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Spirit Airlines’ bid to make it into the big leagues of the U.S. aviation sector — a proposed $3.8 billion takeover from JetBlue that Spirit says would have made it more competitive with industry leaders like Delta and United — collapsed in March after it faced a Department of Defense…
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Taurex Promotes Industry Veteran Mark Sheng as Commercial Director
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From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trading industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…
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Bitcoin and Biodiversity in the Cannabis Industry
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The world has witnessed unprecedented power grabs and disruption of supply chains over the past two years. The near-perfect fit between big government, big banks and corporations should be a serious cause for concern throughout the agricultural sector. These movements represent nothing less than the most serious threats to our…