Finance & Business

Tesla’s First-Quarter Sales Plunge in Europe

Credit: PixabayTesla's sales continued to decline in March across several European markets, hit by both consumer boycotts over Elon Musk’s policies and an aging vehicle lineup.In France, Tesla sales dropped 36.8% compared to the previous year, according to the Automotive Platform (PFA), amid a slight downturn in the overall electric car market. Sweden saw...

The Crypto Wallet Integrated with Telegram Now Offers Crypto Trading and Yield-Generating Features

Image Credits: TelegramTelegram’s crypto wallet, developed by third-party company The Open Platform (TOP), has introduced new features for users who engage with Telegram beyond messaging. These updates include multi-asset trading and yield-generating options.Built on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million users have signed up...

Bitcoin price plummets amid market uncertainty.

Credit: PixabayBitcoin's price plunged nearly 10 percent on Monday as escalating trade tensions and uncertainty over a proposed U.S. crypto reserve fund drove investors away from risk.Initially, Bitcoin and other digital assets surged after President Donald Trump floated the idea of creating a national cryptocurrency reserve. However, prices quickly tumbled as doubts emerged over...

Trump Proposes Establishing a Crypto Strategic Reserve

Image Credits:BRENDAN SMIALOWSKI / AFP / Getty ImagesFormer President Donald Trump has voiced support for establishing a federal reserve of cryptocurrency assets. Initially, he highlighted XRP, Solana, and Cardano for inclusion, later clarifying that Bitcoin and Ethereum would “obviously” be part of the reserve as well.However, in January, Trump issued an executive order calling...

Amazon’s Predictive Power: Knowing What You’ll Buy

Credit: CanvasThe 360-Degree Customer ViewAmazon meticulously tracks user behavior, collecting data on what customers browse, purchase, review, and even how long they linger on a product page. This data is fed into sophisticated machine learning algorithms to create a comprehensive "360-degree view" of each customer. By continuously refining these profiles, Amazon can anticipate buying...

Walmart’s Secret Weapon: Real-Time Data

Credit: CanvasThe Data Café RevolutionWalmart’s analytics hub, the Data Café, processes 2.5 petabytes of data hourly. It spots sales dips—like a grocery pricing error—and fixes them in 20 minutes, not weeks. Real-time insights are their edge over competitors.From Hurricanes to HalloweenDuring Hurricane Sandy, Walmart’s data revealed a spike in Pop Tart sales. Now, they...

Telegram Founder Awaiting Outcome Following Arrest in France

Pavel Durov, co-founder of encrypted messaging app Telegram, was arrested at an airport near Paris.Pavel Durov, the founder and CEO of Telegram, is expected to find out on Wednesday if he will face charges or be detained following his arrest by French authorities over alleged violations related to the messaging app.The 39-year-old Russian-born creator...

Study Shows Cashless Payments Are Altering Our Spending Habits

Credit: DepositphotosFor more than 3,000 years, cash, evolving from shells to coins and notes, has been a reliable medium. However, developed nations are increasingly transitioning to electronic payments.According to a recent study, electronic payments are encouraging increased spending compared to traditional cash transactions. Researchers from the University of Adelaide and the University of Melbourne...

The Tech that Helps Influencers Make Money

Credit: UnsplashWe live in an era where Creativity is everything and everywhere. Influencers are taking over sales and even leading people´s consumption behavior in society. Businesses used to collaborate with celebrities to do their advertisement but a new segmentation is rising up where a more person-to-person approach is taking over, which reflects on the...

Traditional Card Networks Distance from Binance

Credit: Unsplash.Embattled cryptocurrency exchange Binance faces a setback as payment card giants Mastercard and Visa discontinue certain services, reflecting the financial industry's growing caution amid regulatory scrutiny and broader compliance concerns in the crypto sector.Mastercard's Card PullbackMastercard has decided to cease offering Binance-branded cards in Latin America and the Middle East. These cards enable users...