China reports discovery of rare ore deposits

China reports discovery of rare ore deposits

China may have dethroned Brazil as the country with the world’s largest deposits of niobium, which is a critical component......

Where are wealthiest people migrating in 2023?

Where are wealthiest people migrating in 2023?

While it is widely believed that migration is a thing of the poor looking for a better life, the rich and super-rich people often......

Meta’s Reality Labs posts 11.4 billion-dollar loss in nine months of 2023

Meta’s Reality Labs posts 11.4 billion-dollar loss in nine months of 2023

The division responsible for augmented and virtual reality products within Meta Platforms announced in late October an operating......

English common law offers loopholes for unchecked illegal exports to Russia

English common law offers loopholes for unchecked illegal exports to Russia

The United Kingdom has been at the frontline of Western support for Ukraine since Russia launched a full-scale invasion of its......

Why Colombian rum maker hired AI robot as company CEO

Why Colombian rum maker hired AI robot as company CEO

Dictador, a world-known rum and spirits producer in Colombia, has appointed a robot with artificial intelligence as its chief......

Neon Machine raises 200 million dollars for its crypto video game “Shrapnel”

Neon Machine raises 200 million dollars for its crypto video game “Shrapnel”

The Seattle-based Neon Machine has has raised 20 million US dollars in Series A financing for the upgrading and promotion of......

Middle class will grow 113 million people worldwide in 2024

Middle class will grow 113 million people worldwide in 2024

The global middle class, also called the consumer class, will add 113 million people next year and an overwhelming majority of......

Ethereum co-founder Vitalik Buterin invests in Nocturne Labs

Ethereum co-founder Vitalik Buterin invests in Nocturne Labs

Nocturne Labs, a cryptocurrency startup in the United States, recently secured 6 million dollars in seed funding from a......

Patreon upgrades its business model for new monetization opportunities

Patreon upgrades its business model for new monetization opportunities

Patreon has announced a major change to its business model – from now on fans (called “patrons”) can receive......

The highest rate of millionaires was in Iceland in 2022

The highest rate of millionaires was in Iceland in 2022

For the first time since 2008, global household wealth in US dollar terms decreased on aggregate as well as on a per adult basis,......

Report: Revolut under UK watchdog scrutiny over red-flag accounts

Report: Revolut under UK watchdog scrutiny over red-flag accounts

Revolut is currently under the scrutiny by UK financial regulators due to alleged technical failures that allowed funds to be......

[video] US consumer watchdog considers applying e-banking laws to crypto assets

[video] US consumer watchdog considers applying e-banking laws to crypto assets

The director of the US Consumer Financial Protection Bureau (CFPB), Rohit Chopra, has announced plans to provide guidance on how......