Nvidia made headlines on Wednesday when it briefly surpassed Apple in market cap during intraday trading. This milestone comes as the chipmaker solidifies its position as the primary beneficiary of the artificial intelligence boom. With a market cap of $3.007 trillion, Nvidia is now on track to become the second most valuable U.S. company, overtaking
Ads
Dutch digital bank Bunq has set its sights on obtaining a banking license from UK financial regulators, with hopes of achieving this milestone by the end of the year or early next year. CEO and founder Ali Niknam expressed optimism about the process, acknowledging the differences in regulatory requirements between the UK and other European
The post-holiday box office weekend saw a significant decline in earnings compared to the previous year, with all titles grossing an estimated $68.6M, a staggering 66% drop from the previous year’s total of $205.1M. This poor performance can be attributed to various factors, including lackluster movie releases and overall audience disinterest in the available options.
The exciting volleyball anime movie, Haikyu!! The Dumpster Battle, made an impressive $800K in previews yesterday. This performance is overshadowed by the highly anticipated release of The Garfield Movie, expected to dominate with a $12M second frame at the box office. In a rare moderate wide release weekend, Haikyu!! The Dumpster Battle managed to captivate
At a recent meeting in Stresa, Italy, finance chiefs from the Group of Seven (G7) industrial democracies discussed the potential use of future income from $300 billion of frozen Russian assets to help Ukraine in the wake of Russia’s invasion of its neighbor in February 2022. The G7 aims to find ways to leverage these
According to a recent report from PwC, sectors that are embracing artificial intelligence are experiencing a significant boost in productivity compared to those that are not. The report reveals that professional and financial services, as well as information technology, have seen a productivity growth rate of 4.3% between 2018 and 2022. In contrast, sectors like
The U.S. Securities and Exchange Commission is set to decide on the approval of ether exchange-traded funds in the coming week. However, industry experts like Ric Edelman believe that the lack of a comprehensive regulatory framework for cryptocurrencies will likely result in a rejection. Edelman emphasizes the importance of regulations to safeguard investors from falling
Amazon has significantly disrupted the digital advertising industry, posing a threat to established incumbents like Meta and Google. The company has been able to attract billions of dollars in advertising revenue each quarter, as brands aim to reach the vast number of consumers that visit the platform on a daily basis. What started as a
British newspaper groups have reacted strongly to Apple’s plans to introduce a “web eraser” tool that would block advertisements in the Safari browser. They have highlighted the potential threat this tool poses to the financial sustainability of journalism. The removal of ads or unwanted website content could significantly impact digital revenues in the industry, which
A recent legal battle between Elon Musk’s X (formerly Twitter) and Israel’s Bright Data involving data scraping has come to an end with a federal judge in California dismissing the lawsuit. X alleged that Bright Data was scraping data from X and selling it, using measures to avoid anti-scraping technology. The lawsuit also claimed violations
Discover innovative ways to generate revenue for your podcast beyond ads. Explore listener donations, merchandise sales, premium content, live events, sponsorships, affiliate marketing, Patreon memberships, licensing, public speaking, and product promotion. Think outside the box and monetize your podcast effectively!
China is at the forefront of AI research, with local companies utilizing technologies similar to OpenAI’s ChatGPT to enhance the development of humanoid robots. Li Zhang, COO of LimX Dynamics in Shenzhen, noted the significant impact of generative AI in speeding up research and development cycles. The ability of AI to understand and generate content
Unlock the secrets to monetizing your podcast through sponsorships and ads. Learn how to connect with potential sponsors and capitalize on your podcast's potential for success. BackersHub.com can help you turn your passion into profit. Read more now!