U.K. tech startup Synthesia unveiled a new range of AI-generated avatars that can convey emotions like happiness, sadness, and frustration. Synthesia Nvidia-backed artificial intelligence firm Synthesia on Thursday unveiled a new wave of AI-generated digital avatars that can convey human emotions using a user’s text inputs. The company said its […]
CNBC News
Barclays swings back to profit in first quarter amid strategic overhaul
Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K. Bloomberg | Getty Images LONDON — Barclays on Thursday reported first-quarter net income attributable to shareholders of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul. Analysts polled by […]
India markets face an ‘inevitable’ correction if Modi’s election win disappoints, Bernstein says
A worker fixes flags of the ruling Bharatiya Janata Party displayed on a hoarding prior in Raipur on April 15, 2024 ahead of the country’s upcoming general elections. Idrees Mohammed | Afp | Getty Images India’s stock markets started the year in record-high territory, much of it supported by pre-election […]
Deutsche Bank reports 10% profit rise in first quarter, beating expectations
The Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, on Thursday, Feb. 1, 2024. Bloomberg | Bloomberg | Getty Images Deutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase. Analysts had […]
Japanese yen hits fresh 34-year low despite verbal intervention from authorities
The Japan flag is juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images The yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback. The weakness comes as the Bank of Japan is due […]
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korean memory chipmaker SK Hynix on Thursday reported a […]
This 35-year-old had 5 failed businesses before starting her grocery store chain – now it brings in over $8 million a year
Gek Teng Pang founded Surrey Hills Grocer in 2021. Success didn’t come easy for Pang Gek Teng. The 35-year-old serial entrepreneur went through five failed business attempts before her efforts to build a multimillion-dollar grocery store chain in Singapore finally bore fruit. Today, she is the proud founder and CEO […]
Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021. Katie Schoolov Thrasio, the top aggregator of Amazon third-party sellers, is losing its CEO and five other senior executives, months […]
Geely-backed luxury EV brand Zeekr says it’s already beating Tesla in parts of China
Pictured here is the Zeekr 001 electric car at a services trade fair in Beijing on Aug. 31, 2023. China News Service | China News Service | Getty Images BEIJING — Chinese electric car brand Zeekr is selling more vehicles than Tesla in parts of China, and plans to expand […]
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Mark Zuckerberg started Meta‘s earnings call by talking about artificial intelligence. Then he moved onto the metaverse, touting his company’s headsets, glasses […]