"Intense Rivalry"

Apple, Tesla face intense rivalry in China

Challenges continue to amass for American tech giants Apple and Tesla in China, facing severe local competition and strict government regulations. However, both firms remain resilient, intent on establishing a significant market presence despite the hurdles. These companies understand the opportunities within the Chinese market’s complex landscape, gearing their strategies

AI Startups

Promising AI startups garner interest from Speedinvest, Runa Capital, and more

Renowned venture capital companies, namely Speedinvest, Runa Capital, Apex Ventures, and Octopus Ventures, have identified several AI startups for their unique and innovative AI strategies. Demonstrating the broad applicability of AI, these startups specialize across diverse sectors such as data analytics, robotics, IoT, health tech, green energy, and fintech. Amidst

"Approves Act Targeting"

House approves act targeting TikTok over data concerns

The “Protecting Americans From Foreign Adversary Controlled Applications Act” which might invalidate the use of TikTok, has been approved. The U.S. House of Representatives proposed this bill. Chinese firm, ByteDance, which owns TikTok, has come under scrutiny due to worries about potential misuse of user data. The Committee on Foreign

"Market Volatility"

US Equities display mixed results: What we know so far

On Wednesday, March 13, 2024, U.S. equities showed mixed results. The Dow Jones Industrial Average came out with slight gains while its counterparts, the S&P 500 and Nasdaq Composite, experienced minor dips. These developments reveal the unpredictable nature of the market, which continually adapts to internal and external stimuli. A

"Silver Overshadowing Gold"

Silver positioned to overtake gold in 2024, says experts

The world of precious metals, usually dominated by gold, might see a shift towards silver in 2024, as per industry experts. Changing dynamics in the industrial sector and market could cause a considerable increase in silver prices. This surge could be due to the increasing demand in areas like renewable

"Unprofitable Subscription Apps"

Majority of Subscription-Based Apps Unprofitable, Study Reveals

The latest analysis from RevenueCat presents an alarming fact that about 92% of subscription-based mobile apps fail to be profitable. This finding comes from a broad study involving around 29,000 applications and over 290 million subscribers. The data also illustrates a highly concentrated market, with the top 1% of profitable

Profitability Struggle

Subscription Apps Struggle to Maintain Profitability, Study Finds

A recent comprehensive review by RevenueCat has disclosed that the majority of subscription-based mobile applications aren’t bringing in enough green. These studies, including almost 30,000 apps from over 18,000 developers, found that about 80% couldn’t generate enough revenue to keep the lights on. Moreover, conversion rates were on the lower

Legal Action Apps

Legal Actions Mount Against Dating Apps Over Mental Health Concerns

Dating applications are under scrutiny due to rising concerns about their influence on users’ mental health and alleged deceptive strategies. In recent years, some Americans have taken legal action against these platforms for promoting addictive behaviors, although the companies involved describe these accusations as “absurd”. Many liken these platforms to

"Late Fee Cap"

Banks Sue CFPB Over Credit Card Late Fee Cap

A group of banking and business organizations has moved to oppose a new directive set by the Consumer Financial Protection Bureau (CFPB) that would limit maximum credit card late fees to $8. The American Bankers Association, the Consumer Bankers Association, the U.S. Chamber of Commerce, and three Texas business organizations

"Liquidity Crisis Prediction"

Crypto Quant CEO Predicts Impending Liquidity Crisis

Crypto Quant’s CEO forecasts a liquidity crisis within six months, citing increased investments in exchange-traded funds (ETFs). The scarcity of liquid assets and dwindling order book provisions may escalate market volatility and inflate cryptocurrency prices, critically impacting both retail and institutional traders. Current ETF growth trends are said to be