(Reuters) – Perplexity AI has updated its merger plan previously submitted to ByteDance, the parent company of TikTok, according to a report by CNBC on Sunday. The updated plan, which entails the formation of a new company by merging Perplexity and TikTok U.S., also includes a provision for the U.S. […]
Donald Trump has been officially inaugurated as the 47th President of the United States, bringing some significant changes to the country’s governance compared to the previous administration. This is your latest edition of the Crypto Corner, a CoinDesk newsletter that explores the crossroads of digital currency and government. Make sure […]
After two U.S. military planes carrying detained migrants from Colombia were refused landing rights by the Colombian President, Donald Trump, the U.S. President, declared a 25 percent emergency tariff on all goods imported from Colombia. The announcement was made on Sunday, marking a significant change in the U.S.-Colombian trade relations. […]
Hong Kong’s Urban Renewal Authority (URA), facing financial constraints, is planning to modify the timeline of its projects for enhanced fiscal health. The modifications, which are intended to ensure ample cash flow and prevent costly purchases, were announced by URA’s Managing Director, Wai Chi-sing. The URA is also planning to […]
With potential sweeping tariffs threatened by US President Donald Trump, Doug Ford, Ontario’s Premier, has instructed the Liquor Control Board of Ontario (LCBO) to remove American alcohol from its shelves. The Convenience Industry Council of Canada, representing 7,500 retailers in Ontario, has stated that such a move will not adversely […]
Brendan Wallace, Fifth Wall Ventures’ co-founder, is dealing with a lot these days. Fifth Wall Ventures, a nine-year-old property technology venture firm, manages $3.2 billion in assets. On top of managing a successful firm, Wallace is also grappling with the impacts of wildfires on his home city, Los Angeles. Despite […]
Title: “American Express Sees Increased Spending from Affluent Cardholders, Boosted by Younger Generations” In the final quarter of the previous year, American Express (AmEx) noticed a surge in spending from its affluent cardholders. This information came directly from the company’s Chief Financial Officer, Christophe Le Caillec, in a recent interview […]
A Clash of Perspectives: The Future of Bitcoin There are often two extreme camps in any given debate: those who are overly optimistic and those who err on the side of pessimism. These broad strokes often stem from a grain of truth, but are typically inflated beyond their original scope. […]
Title: Donald Trump Warns Russia of High Tariffs, Sanctions Over Ukraine Conflict Donald Trump, the current United States President, has issued a stern warning to his Russian counterpart, Vladimir Putin. Trump insisted that should Russia not cease its full-scale assault on Ukraine promptly, it would face increased tariffs, taxes, and […]
The Trump administration has reportedly dismissed over a dozen federal inspector generals in an overnight move that has raised eyebrows and may result in legal battles, according to information shared with CBS News. The decision is unparalleled and is expected to face legal scrutiny. In a letter addressed to a […]
