BUSINESS - NEYSCITY PORTAL

Figment Achieves Record Growth, Surpassing $15 Billion in Staked Assets

Figment, a leading staking infrastructure provider, has announced a remarkable fivefold year-over-year growth in the first quarter of 2024, with over $15 billion in assets staked from more than 500…

Gatlin April 24, 2024

Acquisition: Nvidia Acquires Run:ai for $700 Million

In a strategic move to enhance its artificial intelligence (AI) infrastructure offerings, Nvidia has announced its acquisition of Run:ai, a leading AI infrastructure orchestration and management platform. The deal, valued…

Gatlin April 24, 2024

OpenAI Unveils New Enterprise AI Features, Undaunted by Meta’s Llama 3 Rise

In a move to solidify its position in the large language model (LLM) market, OpenAI has introduced a slew of new enterprise-grade features for its API customers. This expansion comes…

Gatlin April 24, 2024

China’s SenseTime Soars 36% After Unveiling Latest AI Model

In a remarkable display of innovation and technological prowess, Chinese artificial intelligence (AI) giant SenseTime Group Inc. has unveiled its latest AI model, sending its stock soaring by 36% on…

Gatlin April 24, 2024

Amazon Stops Drone Delivery in California Shifts Focus to Phoenix

In a strategic move, Amazon has announced the closure of its drone delivery site in Lockeford, California, which had been operational since 2022. However, this development is accompanied by the…

Gatlin April 23, 2024

Renowned Economist Denounces Bitcoin as a Failed Currency

US Economist Peter Schiff Calls Bitcoin a 'Failure' Due to Transaction Costs and Time American economist and gold enthusiast Peter Schiff has once again criticized Bitcoin, labeling it a 'failure'…

Gatlin April 22, 2024

Investors Cash Out as Wall Street’s Bull Run Stumbles

The remarkable market rally of 2024 is showing signs of unraveling as Wall Street's once-unstoppable bulls begin to withdraw their gains. With Treasury yields surging, Federal Reserve hawks gaining ground,…

Gatlin April 21, 2024

Medicare at a Crossroads: Profit-Driven Privatization or Patient-Centered Care?

As an investigative reporter covering the Medicare privatization crisis for over two years, I've examined the stakes and the potential consequences of the rapid expansion of Medicare Advantage. Medicare, the…

Gatlin April 19, 2024

Apple Responds to China’s Directive, Removes WhatsApp and Threads from Chinese App Store

In compliance with directives from China's top internet regulator, Apple Inc. has taken the step to remove social media platforms, including Meta Platforms Inc.'s WhatsApp and Threads, from its Chinese…

Gatlin April 19, 2024

Wiz’s Potential Acquisition of Lacework: A Company Once Valued At $8.3 Billion to Sale For $150-200 Million

In the rapidly evolving landscape of security, the phenomenon of consolidation persists. As companies continue to merge and acquire one another, the security industry is becoming increasingly consolidated. This trend…

Gatlin April 19, 2024