Tag Archives: News

JPMorgan figures for Q3 2023 exceeded expectations like it did in Q2. However, figures like revenue and EPS were higher last quarter. JPMorgan Chase (NYSE: JPM) has published an earnings report for the year’s third quarter. The reported figures show that JPMorgan scaled analysts expectations for profit in Q3 2023. JPMorgan Q3 2023 JPMorgan reported earnings per share (EPS) at $4.33 for the quarter, higher than the estimated $3.86. The bank also said its profit jumped to $13.15 billion,...

The developers elaborated on their decision, stating that cloning Reczek’s voice was a tribute to the legendary voice actor, recognizing him as “one of the best Polish voice talents”. CD Projekt RED, the developer of Cyberpunk 2077, has embarked on a groundbreaking creative endeavor by bringing a deceased actor’s voice back to life. The Polish video game developer has ventured into the realm of artificial intelligence (AI) to preserve the legacy of the late Polish voice actor Miłogost...

Google’s announcement comes amid rising concerns over the copyright issues that have been linked with using generative AI. Google is making it its business to legally protect users of generative artificial intelligence (AI) systems within its Google Cloud and Workspace platforms. That is if they are ever faced with copyright infringement allegations. The announcement reads in part: “If you are challenged on copyright grounds, we will assume responsibility for the potential legal risks...

Didi was initially listed on the New York Stock Exchange but then it was compelled to delist due to regulatory issues in China. Chinese ride-hailing giant, Didi Global Inc (NYSE: DIDI) is reportedly making strategic moves in preparation for its upcoming Initial Public Offering (IPO) on the Hong Kong Stock Exchange (HSE) next year. People with knowledge of the matter stated that the company recently informed its employees that they have the option to sell their shares as part of an employee...

The initiative follows the introduction of a roadmap proposed in a synthesis paper by the IMF and FSB, aimed at fostering international policies and regulations for crypto assets. With the growing participation of investors in the crypto market, the group of G20 Finance Ministers and Central Bank Governors (FMCBG) have agreed to work on a common roadmap in handling the challenges associated with the crypto market. The roadmap was introduced through a collaborative synthesis paper by the...

Out of the 1,258 job cuts, more than 750 positions are from different levels of Qualcomm’s engineering ranks. The rest of the reductions cover a broad range of roles such as internal technical staff and accounting.  American largest chipmaker Qualcomm Inc (NASDAQ: QCOM) will lay off about 1258 employees in its California unit. According to a filing with the California Employment Development Department, as many as 1,064 of its San Diego employees and 194 of its Santa Clara employees will be...

The CoinList staking fund offers US accredited investors an opportunity to earn a yield on their digital assets through investment in a private fund. CoinList, an established launchpad for crypto-related projects, has announced the launch of its staking fund meant for the US select customers. According to the announcement, the CoinList staking fund will offer accredited investors in the United States to earn different yields from their digital assets. Some of the supported digital assets...

Currently, there are nine residents of the park. All of them will get access to ten government initiatives introduced to “boost the development” of the digital yuan ecosystem. The initiatives include payment solutions, smart contracts, hard wallets, and digital yuan promotion. The first industrial park has been opened in the Luohu district of Shenzhen, China, with a focus on developing China’s Central Bank Digital Currency (CBDC) – digital yuan or e-CNY. The official launching ceremony of...

Aside from Coinbase has raised concerns about the potential adverse impact of the proposed law across various sectors within the digital asset ecosystem. The recent proposal from the US Internal Revenue Service (IRS) regarding crypto tax regulations has drawn strong criticism from Coinbase, the largest cryptocurrency exchange in the United States. Expressing deep concern, the exchange emphasized that the proposed IRS rule could pose a significant threat to both the crypto industry and the...

Bitcoin cash price started a fresh decline below the $230 zone against the US Dollar. The price is now trading below the $225 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $214 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a fresh decline if it stays below the $225 resistance zone. Bitcoin cash price is struggling below the $230 zone against the US Dollar,...