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Business News

Location American Business News for 9 July 2024
Gold Could Surge to $40,000 per Ounce, Strategist Says Egon von Greyerz, founder of Matterhorn Asset Management and Gold Switzerland, has shared his insights, indicating potential for substantial increases in gold prices based on historical trends and current economic condit...
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Card spending falls for first time in more than three years, Barclays says Card spending fell last month for the first time in more than three years, according to Barclays.
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Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023 The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received...
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Writer unveils AI upgrades with 10 million word capacity, advanced RAG, and transparent 'thought process' feature, revolutionizing enterprise chat applications.
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Performance marketing conglomerate Hawke Media acquired Lemonade to boost its production capabilities and its gaming and blockchain expertise.
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With this round of funding, Captions will expand its machine learning team and invest more in in-house research and technical infrastructure.
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GoMining Unwrapped: How Mining BTC with NFTs Works Since the good old days when anyone could successfully mine Bitcoin on their PCs are long gone, the entire industry has undergone a significant transformation. Growing competition from larger mining entities has graduall...
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Overwatch 2 is getting a Transformers crossover, featuring four Autobots and Decepticon skins, through July 22.
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Volley raises $55M voice-enabled AI games

Venture Beat - 9 Jul 2024 18:37
Volley has raised $55 million in a new round of funding for its voice-enabled AI games like games for Amazon Alexa.
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VR game downloads on Android are on pace to pass 11 million in 2024, setting a new benchmark for the industry according to Splitmetrics.
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CONTRIBUTOR CONTENT: In a significant move to enhance its last-mile delivery capabilities and broaden its international presence, OneRail has announced the acquisition of OrderBot, a modern Order Management System (OMS)....
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Meta is still betting Threads can beat Elon Musk's X — but Zuck faces an uphill battle Meta launched its Twitter killer Threads a year ago, but overtaking X and escaping Instagram's shadow is proving to be a tricky task.
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Why Schwab's stock is getting new respect from Wall Street analysts KBW joins the ranks of analysts who see banks benefitting from a Fed rate cut.
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Audiomob, the creators of audio ads for mobile games and apps, announced an exclusive partnership with mobile game publisher Voodoo.
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Kwalee recently teamed up with Saudi Arabia-based Fahy Studios and Neom to beef up gaming in the Middle East.
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I work in sales at Coach. Customers always make these 5 mistakes when buying luxury bags. I've worked as a sales associate at Coach for two years, and I've seen customers make big mistakes when buying designer bags for a lot of money.
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Dyson is laying off about 1,000 workers amid 'fierce and competitive global markets' Dyson is cutting about a quarter of its UK workforce as part of a global headcount reduction it blamed on increasingly competitive markets.
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Aitomatic announced SemiKong, the world's first open-source AI Large Language Model (LLM) designed specifically for the chip industry.
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Infinite Reality, the company working on metaverse-like technologies, has raised $350 million and acquired Landvault for $450 million.
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Trialforge announced its new Soulslike, which comes with its own unique party mechanic, launches on August 8.
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Wall Street is getting even more bullish on stocks

Business Insider - 9 Jul 2024 14:54
Wall Street is getting even more bullish on stocks Oppenheimer just lifted its S&P 500 price target to 5,900, marking the second-highest forecast on Wall Street.
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Analyst tips Solana ETF deadline for mid-March after new filings Bloomberg ETF analyst Eric Balchunas maintains the outcome will likely be decided based on whether Trump is elected President in November.
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