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ByteDance raked in a record underlying profit last year, overtaking China’s long-reigning tech giants Tencent and Alibaba for the first time even as losses mounted for its fast-growing TikTok business unit. The world’s most valuable private company posted a 79 per cent surge in earnings before interest, tax, depreciation and amortisation, its preferred metric for
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NVIDIA Corporation NVDA shares are trading lower by 3.54% to $264.82 Wednesday afternoon.Shares of several companies in the broader tech sector are trading lower. Weakness may be due to concerns over a U.S. economic slowdown, which could negatively impact risk sentiment. Also, in a research paper, Google said itsTPU v4 is stronger than the NVIDIAA100,
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Tesla, Inc. TSLA announced another round of price cuts late Thursday as volume hasnt yet responded significantly to the previously announced reductions. What Happened: Updated pricing available on Teslas U.S. website showed a $1,000 price cut each for the two Model 3 variants and reductions ranging from 3.4% and 5.6% for the rest of the
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Cryptocurrency Dogecoin DOGE/USD saw several periods of sharp increases in its price related to the $44-billion acquisition of Twitter by Elon Musk. Considering Dogecoin's history with Musk, some investors expect the so-called "meme crypto" to become integrated into the social media platform. Dogecoin might be my fav cryptocurrency," Musk said back in April 2, 2019.
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Jes Staley’s lawyer has described “slanderous” allegations that he aided and abetted Jeffrey Epstein’s crimes as “baseless but serious”, after the executive was sued by his former employer JPMorgan Chase. Brendan Sullivan, who is representing Staley, asked a federal judge in New York for more time to review tens of thousands of documents relating to
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31.4K Will 2023 be a dumpster fire? Every new year comes with a set of new predictions. Times are always changing, and each year I like to come up with my own set of possible SHTF situations. This year’s list is an adaptation of what I predicted in 2022. Fortunately, they didn’t come to fruition,
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Jack Dorseys fintech companyBlock IncSQ is responding to aThursday short report issued by Hindenburg Research that accusesBlock of misleading investors and taking advantage of the people it claims to help. Block Says Short Report 'Misleading': Hindenburg said Blockintentionally misled investors by disguising predatory loans and fees as revolutionary technology, overstated user growth while understating costs
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ConsenSys has announced that MetaMask has expanded its partnership with MoonPay, a Web3 payment company, to allow Nigerian users to purchase cryptocurrencies directly from their MetaMask wallets using local bank transfers. Nigerians can select their region as Nigeria when purchasing cryptocurrencies and choose the MoonPay quote linked to their purchase amount. The purchased cryptocurrencies can
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