In the competitive world of financial technology, CleverCards has managed to secure an impressive 8 million euros ($8.6 million) in funding from investors. This Dublin-based startup is making waves by using innovative technology to address the issue of employees misusing corporate expenses. The traditional practice of handing out corporate credit cards to employees without any
Enterprise
Tesla CEO Elon Musk is known for his extravagant claims and visions for the future. At the 2024 annual shareholder meeting in Austin, Texas, Musk displayed his optimism by stating that Tesla is about to embark on a new chapter with its humanoid robot, Optimus, playing a starring role. Despite facing criticism for deceptive demonstrations
The stock market reaction to the European Union’s announcement of higher tariffs on Chinese electric vehicles (EVs) was evident on Thursday morning. Shares of Chinese EV companies mostly surged, with market indices such as Hong Kong’s Hang Seng index rising by 1.23% at the opening bell. The gains were mostly driven by the performance of
Apple made a significant announcement on Tuesday regarding the launch of its flagship virtual reality headset, the Apple Vision Pro, in China, Hong Kong, Japan, and Singapore on June 28. This move marks the expansion of the gadget beyond the borders of the United States for the first time. Pre-orders for the Vision Pro will
Raspberry Pi, a British computing startup, is set to raise a whopping £166 million ($211.2 million) from its initial public offering. The company has priced its shares at 280 pence apiece, valuing the company at around £541.6 million. While this valuation is small in comparison to other tech firms, it is a significant win for
The European Union has a standard 10% duty on imported electric vehicles, but with a crackdown on low-priced, subsidized imports from China, the bloc is set to provisionally raise those fees starting July 4. Analysts have predicted a potential increase in the tariff rate to ~25-30%, with a risk scenario suggesting a hike to 30-50%.
In a surprising move, Microsoft has decided to hand over the development of its best artificial intelligence tools and software to OpenAI. This decision has raised concerns about the future of Microsoft’s position in the AI industry. Todd McKinnon, CEO of identity security firm Okta, pointed out that Google has been excelling in the field
Boeing’s Starliner, a human-grade space capsule, was developed to transport astronauts to and from the International Space Station as part of NASA’s Commercial Crew Program. This initiative, which began in 2014, aimed to involve the private sector in the space travel industry. Boeing was one of two companies selected by NASA, receiving a $4.2 billion
The world of cryptocurrency investing has long been associated with the mantra of “HODL” – holding onto assets for dear life through the ups and downs of the market. However, this traditional approach may be shifting as the adoption of Exchange Traded Funds (ETFs) continues to grow. With the rise of institutional interest in cryptocurrencies
Recent announcements by Microsoft regarding the incorporation of artificial intelligence features in new PCs have sparked concerns about security and privacy. One such feature, Recall, which captures screenshots and enables searching of user activity, has been found to have vulnerabilities that could potentially allow attackers to access sensitive data. Microsoft revealed that the Recall feature