Thursday, April 18, 2024

Dylan Patrick Mubiru

Microsoft’s Strategic Acquisition of OpenAI’s Sam Altman Sends Stocks Soaring to Record High

Microsoft, a leading tech giant, has propelled its stocks to unprecedented heights following a strategic move involving OpenAI, a pioneering artificial intelligence startup responsible...

Managed services: How the right platforms, people, and processes can make a difference

We are undergoing a digital transition in Uganda, and a managed service provider (MSP) can facilitate and accelerate this transformation. A common misconception is...

Dating Services Industry to Hit 600 Million Users, $8B in Revenue Next Year

The dating services industry has seen impressive growth over the past few years, mostly to the rise of dating apps and websites. The entire...

Citi Launches Securities Lending Access™ In Sweden

LONDON – Citi Securities Services announced Nordnet AB (Nordnet), the leading pan-Nordic digital platform for savings and investments, as the first Swedish client to...

Vedanta Ltd Declares Fifth Interim Dividend of ₹20.50 per Share for FY 2022-23

INDIA| Mining company Vedanta Ltd, owned by Anil Agarwal, has announced its fifth interim dividend for the financial year 2022-23, amounting to ₹7,621 crore....

Sam Bankman-Fried, FTX founder Charged With Foreign Bribery

Sam Bankman-Fried, the founder of the now-defunct crypto firm FTX, has been accused of authorizing a bribe of at least $40m to gain access...

DTB reports an impressive 55% jump in net profit to Sh6 billion, declares increased dividend of Sh5 per share

NAIROBI | Diamond Trust Bank (DTB) had an impressive financial performance in last year, reporting a 55% increase in net income to Sh6 billion....

Fallen SVB to be assumed by First Citizen Bank

First Citizens BancShares Inc FCNCA.O announced on Monday that it would acquire the deposits and loans of the failed Silicon Valley Bank.This move...

How He Lifeng’s Background in Free Markets Shapes His New Role Overseeing China’s Economy

In 1984, He Lifeng began his career as a municipal worker in Xiamen, a coastal city that had just started embracing free markets. With...

The Top 10 World Currencies Driving the Global Economy Forward

The global economy is constantly evolving and one of the key factors that contributes to this evolution is the strength and stability of various...

Chase Bank Depositors Receive Compensation from KDIC after Liquidation

NAIROBI | Chase Bank Limited depositors have received Sh730 million in compensation from the Kenya Deposit Insurance Corporation (KDIC) after the bank was liquidated...

Gabe Bankman-Fried caught amidst FTX Investigations

Guarding Against Pandemics, an organization founded by Gabe Bankman-Fried, the younger brother of the disgraced cryptocurrency mogul Sam Bankman-Fried, raised more than $22 million...

“41 Indian Billionaires on Hurun Rich List Lost Over $1 Billion in 2022: Chief Researcher Explains”

According to the M3M Hurun Global Rich List 2023 published on Wednesday, the wealth of 41 Indian billionaires decreased by over a billion dollars...

Foreign investors sell off more than four billion shares on the Nairobi Securities Exchange (NSE)

NAIROBI | According to an analysis of data from the Capital Markets Authority (CMA), foreign investors have sold over four billion shares on the...

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