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Wefox: Insurance tech startup raises $110 million for profitable push: The Berlin-based company, founded in 2015, wants to be profitable by the end of the year ...
businessinsider.com/wefox-insurance-tech-startup-raises-110-million-for-profitable-push-2023-5
Wefox: Insurance tech startup raises $110 million for profitable push
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JPMorgan and Barclays back $4.5 billion insurance tech giant Wefox: Wefox maintained its $4.5 billion valuation from its previous round of funding ...
cnbc.com/2023/05/17/jpmorgan-barclays-back-insurance-startup-wefox-with-55-million-loan.html
JPMorgan and Barclays back $4.5 billion insurance tech giant Wefox
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Profile picture of Insider (news website)
Wefox: Insurance tech startup raises $110 million for profitable push: The Berlin-based company, founded in 2015, wants to be profitable by the end of the year ...
businessinsider.com/wefox-insurance-tech-startup-raises-110-million-for-profitable-push-2023-5
Wefox: Insurance tech startup raises $110 million for profitable push
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JPMorgan and Barclays back $4.5 billion insurance tech giant Wefox: Wefox maintained its $4.5 billion valuation from its previous round of funding ...
cnbc.com/2023/05/17/jpmorgan-barclays-back-insurance-startup-wefox-with-55-million-loan.html
JPMorgan and Barclays back $4.5 billion insurance tech giant Wefox
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JPMorgan CEO Dimon says US economy is booming: JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust U.S. economy backed by strong ...
reuters.com/markets/us/jpmorgan-ceo-dimon-says-us-economy-is-booming-2024-04-23/
JPMorgan CEO Dimon says US economy is booming
Quick Glance: JPMorgan CEO Dimon Praises US Economy
  • Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.

  • Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.

  • However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.

  • Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
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Explainer: What is so special about TikTok's technology: The content recommendation algorithm that powers the online short video platform TikTok has once again ...
reut.rs/3xVKNtC
Explainer: What is so special about TikTok's technology
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
  • ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

  • Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

  • ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

  • As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
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Tesla could start selling Optimus robots by the end of next year, Musk says: Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Tesla could start selling Optimus robots by the end of next year ...
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
  • Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.

  • Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.

  • Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.

  • Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
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JPMorgan Rehires India ECM Head Abhinav Bharti in Management To and Fro: JPMorgan Chase & Co.’s India head of equity capital markets, Abhinav Bharti ...
bloomberg.com/news/articles/2024-04-24/jpmorgan-rehires-india-ecm-head-abhinav-bharti-in-management-to-and-fro
JPMorgan Rehires India ECM Head Abhinav Bharti in Management To and Fro
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Bitcoin price set to drop after the halving, JPMorgan says: "We do not expect bitcoin price increases post halving as it has been already priced in ...
markets.businessinsider.com/news/currencies/bitcoin-halving-price-prediction-miners-crypto-jpmorgan-btc-2024-4
Bitcoin price set to drop after the halving, JPMorgan says
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
  • Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.

  • Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.

  • The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.

  • Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
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Jamie Dimon says US has less than 50% odds of nailing a soft landing: "It looks a little bit more like the '70s to me, and I point out to a lot of people ...
businessinsider.com/jamie-dimon-soft-landing-outlook-recession-inflation-jpmorgan-geopolitics-2024-4
Jamie Dimon says US has less than 50% odds of nailing a soft landing
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Russia prepares 128-core server platform for supercomputers: Report: Russia reportedly preps a supercomputer platform based on a 128-core server platform but it ...
tomshardware.com/desktops/servers/russia-prepares-128-core-server-platform-for-supercomputers-report
Russia prepares 128-core server platform for supercomputers: Report
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How JPMorgan’s Cash Call Beat Bank of America: Jamie Dimon’s bank kept much of the pandemic-era gusher of cash in money markets or at the Fed ...
bloomberg.com/opinion/articles/2024-04-22/how-jpmorgan-s-cash-call-beat-bank-of-america
How JPMorgan’s Cash Call Beat Bank of America
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Jamie Dimon made $183 million selling JPMorgan stock. Here's how much others have made
qz.com/jamie-dimon-jpmorgan-chase-stock-jeff-bezos-leon-black-1851413941
Jamie Dimon made $183 million selling JPMorgan stock. Here's how much ...
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Jamie Dimon thinks he knows why people are so gloomy about the economy: The lowest earners have been left out of the economic boom, and it's no wonder they're ...
businessinsider.com/jamie-dimon-jpmorgan-wealth-income-inequality-economy-inflation-recession-housing-2024-4
Jamie Dimon thinks he knows why people are so gloomy about the economy
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Google parent Alphabet announces first-ever dividend, shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck ...
reuters.com/technology/google-parent-alphabet-announces-first-ever-divided-20-cents-per-share-2024-04-25/
Google parent Alphabet announces first-ever dividend, shares soar
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Ex-JP Morgan exec now runs company supporting basic income programs: Wole Coaxum left his high-level job at JP Morgan to start a B Corporation that distributes ...
businessinsider.com/basic-income-payments-financial-services-jp-morgan-director-mocafi-2024-4
Ex-JP Morgan exec now runs company supporting basic income programs
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Jamie Dimon says don't be surprised if the economy hits a wall: “We don’t really know what’s going to happen,” the JPMorgan Chase CEO said after his bank ...
qz.com/jamie-dimon-jpmorgan-chase-economy-inflation-warnings-1851405942
Jamie Dimon says don't be surprised if the economy hits a wall
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JPMorgan's Jamie Dimon calls bitcoin a 'fraud' and 'Ponzi scheme' : JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said ...
businessinsider.com/jamie-dimon-bitcoin-crypto-ponzi-scheme-fraud-currency-blockchain-jpmorgan-2024-4
JPMorgan's Jamie Dimon calls bitcoin a 'fraud' and 'Ponzi scheme'
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Barclays (BARC LN): Investment Bank Isn't Keeping Momentum: The UK lender is slower to recover than Deutsche Bank, BNP Paribas and US peers on deals and ...
bloomberg.com/opinion/articles/2024-04-25/barclays-barc-ln-investment-bank-isn-t-keeping-momentum
Barclays (BARC LN): Investment Bank Isn't Keeping Momentum
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La Liga branded ‘embarrassing’ by Barcelona for lack of goal-line technology in Real Madrid’s controversial El Clásico win
cnn.com/2024/04/22/sport/la-liga-goal-line-technology-el-clasico-spt-intl/
La Liga branded ‘embarrassing’ by Barcelona for lack of goal-line ...
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Barclays Names UBS’s Stephen Pick as Head of Mergers in EMEA: Barclays Plc named Stephen Pick of UBS Group AG as head of mergers and acquisitions in Europe ...
bloomberg.com/news/articles/2024-04-22/barclays-names-ubs-s-stephen-pick-as-head-of-mergers-in-emea
Barclays Names UBS’s Stephen Pick as Head of Mergers in EMEA
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JPMorgan’s Matejka Says Earnings Unlikely to Boost Lofty Stocks: Don’t bank on an upbeat corporate earnings season to drive equities higher as much of the ...
bloomberg.com/news/articles/2024-04-15/jpmorgan-s-matejka-says-earnings-unlikely-to-boost-lofty-stocks
JPMorgan’s Matejka Says Earnings Unlikely to Boost Lofty Stocks
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No Tech for Apartheid: Google Workers Arrested for Protesting Company’s $1.2B Contract with Israel
democracynow.org/2024/4/17/no_tech_for_apartheid_google_israel
No Tech for Apartheid: Google Workers Arrested for Protesting Company’s $1 ...
Quick Glance: Google restructuring operations and relocating roles to 'hubs' to fund AI investments
  • Google is implementing staff layoffs and transferring certain roles to 'hubs' to secure funds for artificial intelligence investments.

  • The finance and real estate teams are being affected by the downsizing, with some roles being moved overseas.

  • Through the consolidation of finance teams in Bangalore, Mexico City, Dublin, Chicago, and Atlanta, Google aims to enhance efficiency and operate around the clock.

  • The restructuring is driven by the substantial shift towards artificial intelligence in the tech industry, prompting Google to allocate more resources to this domain.
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Garcia stuns Haney with majority decision win: Ryan Garcia floored Devin Haney three times on the way to a majority decision victory in their 12-round super ...
reuters.com/sports/garcia-stuns-haney-with-majority-decision-win-2024-04-21/
Garcia stuns Haney with majority decision win
Quick Glance: Ryan Garcia Defeats Devin Haney: Round-by-round Fight Analysis
  • Ryan Garcia knocked down Devin Haney three times and won their highly anticipated fight by majority decision at Barclays Center in Brooklyn, New York.

  • Garcia, a significant underdog, stunned Haney with his signature left hook during the 12-round super lightweight bout.

  • Garcia's remarkable victory followed months of erratic behavior and extravagant claims, such as summoning demons.

  • Garcia's record improved to 25-1, while Haney's fell to 31-1.
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South Korean nuclear fusion reactor sets new record, and other technology news you need to know
weforum.org/agenda/2024/04/nuclear-fusion-record-technology-news-april-2024/
South Korean nuclear fusion reactor sets new record, and other technology ...
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JPMorgan CEO Jamie Dimon Gives a Soft Landing Long Odds: Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and ...
on.wsj.com/4bt86tl
JPMorgan CEO Jamie Dimon Gives a Soft Landing Long Odds
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Barclays Zeroes In on ‘Missing Middle’ in Transition Finance: Barclays Plc says more money needs to go toward climate transition projects that are too advanced ...
bloomberg.com/news/articles/2024-04-25/barclays-zeroes-in-on-missing-middle-in-transition-dealmaking
Barclays Zeroes In on ‘Missing Middle’ in Transition Finance
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Apple pulls WhatsApp and Threads from App Store on Beijing's orders: Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app ...
abcnews.go.com/Business/wireStory/apple-pulls-whatsapp-threads-app-store-beijings-orders-109425756
Apple pulls WhatsApp and Threads from App Store on Beijing's orders
Quick Glance: Apple removes WhatsApp and Threads in China
  • Apple removes Meta-owned apps under Chinese government pressure.

  • Apps delisted due to 'national security concerns'.

  • Chinese users now unable to download Western social media apps.

  • Apple faces declining iPhone sales in China despite branding efforts.
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The 10 best U.S. companies to work for in 2024, according to LinkedIn—Amazon is No. 2
cnbc.com/2024/04/16/the-best-us-companies-to-work-for-in-2024-according-to-linkedin.html
The 10 best U.S. companies to work for in 2024, according to ...
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Hydrogen is developing fast in Japan, closer to societal use: Japan is a global leader in hydrogen technology development, largely due to its strategic emphasis ...
weforum.org/agenda/2024/04/hydrogen-japan/
Hydrogen is developing fast in Japan, closer to societal use
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Stock market outlook: Rare buy signal says S&P 500 to jump 3% in 20 days: The most recent buy signal was flashed after positioning data showed a sharp decline ...
markets.businessinsider.com/news/stocks/stock-market-outlook-rare-buy-signal-flashed-sp500-upside-gains-2024-4
Stock market outlook: Rare buy signal says S&P 500 to jump 3% in 20 days
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For $PNC, $500 Billion of Assets Isn’t Enough to Take on $JPM and $BAC: US banks like PNC that compete with JPMorgan and Bank of America shouldn’t be discouraged ...
bloomberg.com/opinion/articles/2024-04-25/for-pnc-500-billion-of-assets-isn-t-enough-to-take-on-jpm-and-bac
For $PNC, $500 Billion of Assets Isn’t Enough to Take on $JPM and $BAC
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How much trust do people have in different types of scientists?: Understanding why some people trust some scientists more than others is a key factor in solving ...
phys.org/news/2024-04-people-scientists.html
How much trust do people have in different types of scientists?
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Google lays off employees, shifts some roles abroad amid cost cuts: Alphabet-owned Google is laying off an unspecified number of employees, a company ...
reuters.com/technology/google-lays-off-employees-shifts-some-roles-abroad-amid-cost-cuts-2024-04-17/
Google lays off employees, shifts some roles abroad amid cost cuts
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Stock market outlook: Correction has further to go, JPMorgan says: The stock market is operating against a "problematic backdrop," and there are elevated risk ...
markets.businessinsider.com/news/stocks/stock-market-outlook-correction-sell-off-inflation-middle-east-oil-2024-4
Stock market outlook: Correction has further to go, JPMorgan says
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Electric cars: New sodium battery should charge in seconds: E-car batteries still charge very slowly. Korean researchers now claim to have found a way to ...
spiegel.de/auto/natrium-ionen-batterie-fuer-e-autos-neuer-akku-soll-sich-in-sekunden-laden-lassen-a-2bdde578-521d-48df-900d-9900f691eff4
Electric cars: New sodium battery should charge in seconds
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Huawei Is Reportedly Building A $1.66 Billion Semiconductor R&D Plant, And Has Hired Engineers From…
wccftech.com/huawei-building-rd-chip-plant-with-an-investment-of-1-66-billion/
Huawei Is Reportedly Building A $1.66 Billion Semiconductor R&D Plant ...
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The role unions play in helping teachers embrace technology: Stephen Kioni, Samuel Ayany and other great men and women came together to see different regional ...
standardmedia.co.ke/opinion/article/2001493217/the-role-unions-play-in-helping-teachers-embrace-technology
The role unions play in helping teachers embrace technology
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TSMC aims to produce ultra-advanced 1.6-nm chips by 2026 : TAIPEI -- Taiwan Semiconductor Manufacturing Co. says it will start production of ultra-advanced ...
asia.nikkei.com/Business/Tech/Semiconductors/TSMC-aims-to-produce-ultra-advanced-1.6-nm-chips-by-2026
TSMC aims to produce ultra-advanced 1.6-nm chips by 2026
Quick Glance: TSMC to Produce Ultra-Advanced 1.6-nm Chips by 2026
  • Taiwan Semiconductor Manufacturing Co. announced at the North America Technology Symposium in California that it will start production of ultra-advanced 1.6-nanometer chips by 2026 to secure its leadership over the next decade.

  • TSMC unveiled its A16 technology at the symposium, emphasizing that the introduction of 1.6-nm chipmaking technology can greatly improve logic chip density and performance.