Finance
The administrator of the fallen crypto exchange has decided to sell two-thirds of its stake in the promising startup Anthropic for $884 million, allowing it to pay off former clients. The story of the bankrupt FTX exchange, which began in October 2019, will come to a head with a captivating ending. The villain, founder Sam Bankman-Fried, is behi...
Today, the gold price reached another historical record, breaking the $2,200 per troy ounce mark, which is equivalent to approximately 51,000 crowns. This price increase can be attributed mainly to expectations of interest rate cuts in the United States, which has increased the attractiveness of investing in gold. According to many analysts, thi...
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...
The stock value of Uber, the alternative taxi company, has reached an all-time high. After posting a net profit for the first time since going public in 2019, the company announced a $7 billion share buyback plan. After the coronavirus crisis subsided and employees returned to work, Uber began to thrive again. Last year, it posted black numbe...
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 ...
The company adds a new board member and will use the Series A funds to establish its leading laser beam scanning (LBS) technology as the key enabler for the first-generation consumer Augmented Reality glasses, long-awaited by the public and advertised by the major technology companies. ITZEHOE, Germany, March 27, 2023 (GLOBE NEWSWIRE) -- OQme...