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Finance News

UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount

UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount

Finance News

The Freetrade application on a smartphone and desktop PC. Freetrade LONDON — Freetrade, a British rival to popular stock trading app Robinhood, said Thursday that it’s been acquired by online investing platform IG Group. The deal values Freetrade at £160 million ($195 million) — a 29% discount to its last valuation. The startup said that […]

UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount Read More »

TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand

TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand

Finance News

A logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during the TSMC global RnD Center opening ceremony in Hsinchu on July 28, 2023. (Photo by Amber Wang / AFP) Amber Wang | Afp | Getty Images Taiwan Semiconductor Manufacturing Company’s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial

TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand Read More »

Tesla is offering Cybertruck discounts as EV market gets crowded

Tesla is offering Cybertruck discounts as EV market gets crowded

Finance News

A soldier walks next to a Tesla Cybertruck, which was donated to the National Guard, after powerful winds fueling devastating wildfires in the Los Angeles area forced people to evacuate, in the Pacific Palisades neighborhood on the west side of Los Angeles, California, U.S. Jan. 13, 2025.  Daniel Cole | Reuters Tesla started offering discounts

Tesla is offering Cybertruck discounts as EV market gets crowded Read More »

YouTube donating million in LA wildfire relief, support for creators days before TikTok ban

YouTube donating $15 million in LA wildfire relief, support for creators days before TikTok ban

Finance News

Charred remains of buildings are pictured following the Palisades Fire in the Pacific Palisades neighborhood in Los Angeles, California, U.S. Jan. 15, 2025.  Mike Blake | Reuters Google and YouTube will donate $15 million to support the Los Angeles community and content creators impacted by wildfires, YouTube CEO Neal Mohan announced in a blog post

YouTube donating $15 million in LA wildfire relief, support for creators days before TikTok ban Read More »

TikTok’s U.S. operations could be worth as much as billion if ByteDance decides to sell

TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell

Finance News

Jakub Porzycki | Nurphoto | Getty Images Business moguls like Elon Musk should be prepared to spend tens of billions of Dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell.  TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law in

TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell Read More »

Bitcoin approaches 0,000 again as a cool inflation reading fuels risk appetite

Bitcoin approaches $100,000 again as a cool inflation reading fuels risk appetite

Finance News

Mustafa Ciftci | Anadolu via Getty Images Bitcoin extended its rebound on Wednesday, hovering just below $100,000 after another encouraging inflation report fueled investors’ risk appetite. The price of the flagship cryptocurrency was last higher by more than 3% at $99,444.43, bringing its 2-day gain to about 7%, according to Coin Metrics. The CoinDesk 20

Bitcoin approaches $100,000 again as a cool inflation reading fuels risk appetite Read More »

Microsoft launches consumption-based 365 Copilot Chat option for corporate users

Microsoft launches consumption-based 365 Copilot Chat option for corporate users

Finance News

Microsoft Chairman and CEO Satya Nadella speaks during the Microsoft May 20 Briefing event at Microsoft in Redmond, Washington, on May 20, 2024. Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company’s world leading operating system. Jason Redmond | AFP | Getty Images

Microsoft launches consumption-based 365 Copilot Chat option for corporate users Read More »

These Chinese apps have surged in popularity in the U.S. A TikTok ban could ensnare them

These Chinese apps have surged in popularity in the U.S. A TikTok ban could ensnare them

Finance News

Lemon8, a photo-sharing app by Bytedance, and RedNote, a Shanghai-based content-sharing platform, have seen a surge in popularity in the U.S. as “TikTok refugees” migrate to alternative platforms ahead of a potential ban.  Now a law that could see TikTok shut down in the U.S. threatens to ensnare these Chinese social media apps, and others

These Chinese apps have surged in popularity in the U.S. A TikTok ban could ensnare them Read More »

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