The startup OpenAI announced early on Wednesday morning on X that Sam Altman will be returning to his role as CEO. The action was taken in response to intense pressure from the board's investors and staff, who removed him...
Francesca Carlesi, a former executive at Barclays, has been named as the new CEO of Revolut, a European FinTech company, effective Thursday.
Carlesi, who has fifteen years of experience in the financial services industry and was previously employed at Deutsche...
Inflation remained a top concern for policymakers in September as consumer prices increased at a slightly faster-than-anticipated rate for a variety of goods and services.
According to a recently released Labor Department report, the consumer price index increased 0.4% from...
The International Monetary Fund released its latest World Economic Outlook on Tuesday, revising its US growth forecast while predicting a slowdown in expansion in the Eurozone.
The IMF has raised its forecast for U.S. growth this year to 2.1%, an...
Google turned 25 on September 27, 2023, and is celebrating its birthday with a doodle.
Everyone's favorite search engine, Google, turned 25 and is celebrating its birthday with a doodle. "Walking down memory lane", the company presented various doodles over...
The African Union has become the second regional group to be admitted to full membership of the Group of 20 leading industrialized and developing countries, Indian Prime Minister Narendra Modi announced on Saturday at the start of the two-day...
The Group of 20 countries on Saturday overcame differences over references to the war in Ukraine and agreed on a joint declaration that paves the way for debt repayment frameworks and country-based climate finance solutions, among other pledges to...
Chinese tech giant Tencent will launch its "Hunyuan" artificial intelligence model for enterprises at its annual summit on Thursday, said Dowson Tong, chief executive of Tencent's cloud and intelligence industry group.
The news comes a few days after Baidu unveiled...
USA President Joe Biden will travel to New Delhi, India to meet with the world's largest economies (the Group of 20) at the G20 summit and reassert himself as a top diplomat. The 18th G20 summit is scheduled in...
It's been nearly a decade since Facebook founder Mark Zuckerberg shocked the tech world by announcing that his company would spend $19 billion on WhatsApp, the popular messaging app with a small business presence.
Since then, WhatsApp has remained somewhat...