Business
Robe Lighting, based in Rožnov pod Radhoštěm, has recently made a strategic move into the professional lighting market by acquiring Australian company LSC Control Systems. This acquisition is an important step in Robe Lighting's efforts to strengthen its position as a major player in the world of professional lighting. LSC Control Systems, ba...
Elon Musk is no longer the world's richest person after shares in his company Tesla plunged 7.2 percent on Monday, knocking him off the top of the Bloomberg Billionaires Index. Jeff Bezos has become the world's new richest person. Musk now has a net worth of $197.7 billion, while Bezos' fortune stands at $200.3 billion. This is the first time...
OpenAI, the maker of the ChatGPT chat system, has opposed a lawsuit by Elon Musk, who claims the company has abandoned its original purpose. According to the company's co-founders, including CEO Sam Altman, Musk sought to take control of OpenAI and sought a directorship. They also claim that Musk initiated a campaign to merge OpenAI with Tesla i...
Nvidia's financial results for the last quarter of last year exceeded all expectations and redrew the economic map. The US chip giant reported a meteoric rise in profits to $12.3 billion, a jump of 769 per cent compared to the same period last year. Sales reached a respectable $22.1 billion, a dramatic increase of more than three times compared ...
Bitcoin, the most well-known and most traded cryptocurrency, has recently undergone a significant decline that has reduced its value to $38,460, a significant slowdown from its recent two-year high of $49,051. Although the price is struggling to recover, the short-term oscillators are showing a strong downward bias, which raises technical concer...
Automotive giant Skoda Auto has announced that it will increase global vehicle production to more than 888,000 units in 2023, an increase of around 108,000 vehicles compared to the previous year. Of this total, more than 781,000 vehicles will come from the Czech Republic's manufacturing plants in Mladá Boleslav and Kvasiny, while over 52,000 ...
The European Union's debt continued its downward trend in the third quarter of last year, reaching 82.6% of gross domestic product (GDP), according to information released by Eurostat. However, compared to this positive trend, the Czech Republic has seen the opposite development. The country's indebtedness increased to 44.5% of GDP in the rel...
The world's most famous cryptocurrency, Bitcoin, experienced a nearly 100,000-crore drop in its value, falling below the 900,000-crore mark on Tuesday. Other cryptocurrencies have also suffered this significant drop, as data from specialist server CoinMarketCap shows. In recent months, cryptocurrency prices have been rising mainly in anticipa...
After 12 years as a board member of Meta Platforms, former COO Sheryl Sandberg has announced her departure, which will take place in May. Sandberg played a key role in the development of Meta, which became a global giant under her leadership. In an announcement on social media, she said that Meta is well prepared for the future and therefore ...
