Why AI Can’t Work in Sri Lanka…Yet
August 25, 2025
Ethereum Hits Record $4,880 After 15% Intraday Rally
August 23, 2025
Tilray Widens Net Loss Even as Revenues Up 43%
Global cannabis firm Tilray Inc. widened its net loss in the first quarter of the fiscal year 2022 even as it posted double-digit growth in revenues, the company announced in...
Read moreFinland Follows Sweden and Denmark in Halting Moderna COVID-19 Vaccine
Finland stopped the use of Moderna’s COVID-19 vaccine for younger males after reports of a rare cardiovascular side effect, according to a report by Reuters on Thursday. Mika Salminen, director...
Read moreOnline Course Platform Udemy Plans Nasdaq Listing
Online course provider Udemy Inc. is planning to go public in the United States, following the revenue growth recorded amid the shift to remote learning amid the COVID-19 pandemic, Reuters...
Read morePepsiCo Upgrades Guidance After Double-Digit Q3 Revenue Growth
PepsiCo Inc. upgraded its guidance for the fiscal year, as the company recorded double-digit revenue growth in the third quarter. Net revenue growth for the third quarter increased by 11.6%,...
Read moreEl Salvador Promotes BTC Payments Through $0.20 Per Gallon Subsidies on Petrol
El Salvadorans using BTC via Chivo Bitcoin wallet will enjoy a $0.20 per gallon discount on petrol purchases, according to a Twitter announcement by President Nayib Bukele. El Salvador’s President...
Read moreLi Auto Delivered 7,094 Vehicles in September, Up 102% from Prior Year
Li Auto reported delivering 7,094 Li ONE Vehicles in September, up 102% year-on-year but down about 25% from August, according to a press release by Li Auto on Friday. Yannan...
Read moreRipple Launches $250-Million Fund to Develop NFTs
Ripple has established a $250 million fund to develop non-fungible tokens on its platform, the firm announced in a statement. The fund will focus on the NFTs and provide targeted...
Read moreAffirm Unveils Plans to Roll Out Debit, Crypto Offerings
Financial tech firm Affirm Holdings Inc. unveiled plans to offer a debit card and enable clients to trade crypto from savings accounts, Bloomberg reported. Affirm plans to roll out services...
Read moreChina Evergrande Agrees to Sell Shengjing Bank Stake for $1.5 Billion
Property giant China Evergrande Group has agreed to sell a stake in its most valuable financial unit for about 10 billion yuan or $1.5 billion, Bloomberg reported. China Evergrande has...
Read moreFed Regional Chiefs Announce Retirement After Stock Revelations
Two regional presidents of the US Federal Reserve have expressed their intent to step down after drawing flak from trading in 2020 amid the COVID-19 pandemic, Bloomberg reported. Boston Fed...
Read moreBlackstone to Earn $4.1 Billion in Sale of Vegas Casino to MGM Resorts International
Blackstone Inc reached a deal to sell the Cosmopolitan casino and hotel on the Las Vegas Strip for $5.65 billion, according to a report by The Wall Street Journal on...
Read moreRolls-Royce Sells ITP Aero, Hits 2-Billion-Pound Disposal Target
British giant Rolls-Royce has hit its 2-billion pound disposal target after inking an agreement to sell its Spanish unit ITP Aero for 1.7 billion euros, Reuters reported. Rolls-Royce sold its...
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