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In the ever-evolving landscape of Android smartphones, Google has just thrown a delightful curveball with five major updates for its Pixel 8 and Pixel 8 Pro series. While the tech world has been abuzz with the Samsung Galaxy S24 and OnePlus 12, Google’s recent announcement promises to make Pixel users excited about what’s in store…
The UK economy has kicked off the year on a positive note, as revealed by the latest S&P Global/CIPS flash UK Purchasing Managers’ Index (PMI), signaling a promising start. The index, a closely monitored indicator of private sector activity, rose to 52.5 in January, up from 52.1 in December, marking the third consecutive month of…
Financial technology company EquiLend, a cornerstone in the securities finance industry, is grappling with a cyberattack that has forced several of its systems offline. The aftermath of this breach, discovered on January 22, suggests a significant disruption, with the company warning that the recovery process “may take several days.” EquiLend, established in 2000 by leading…
Cryptocurrency hacking has been a persistent menace, with billions of dollars stolen from crypto platforms over the years. However, recent data suggests a positive turn of events in 2023, as funds stolen from crypto platforms experienced a significant drop of over 50%, falling from $3.7 billion in 2022 to $1.7 billion in 2023. Despite this…
Bitcoin experienced a significant rollercoaster ride, reaching a three-year high of nearly $49,000 on January 11th following the U.S. SEC’s approval of the first spot Bitcoin exchange-traded funds (ETFs). However, the cryptocurrency has since retreated by over 20%, trading at approximately $39,500. Analysts attribute this correction to a combination of profit-taking post-ETF approval and broader…
In January, UK businesses witnessed a notable upswing in growth, reaching a seven-month high, according to the S&P Global/CIPS flash UK Purchasing Managers’ Index (PMI). The influential index reported a reading of 52.5, up from 52.1 in December. This positive trend is primarily attributed to the robust performance of the service sector, which encompasses a…
Navigating the Volatile Waters: A Closer Look at Chainlink’s Price Trends The cryptocurrency market has witnessed a subtle shift in dynamics, with bears reasserting their influence by pushing Bitcoin below the $40,000 mark. This move has triggered concerns about the overall health of the market, prompting investors to scrutinize individual altcoins. One such cryptocurrency facing…
In a surprising turn of events, FTX’s bankruptcy estate recently executed a substantial sell-off, unloading approximately $1 billion worth of Grayscale’s Bitcoin ETF. This significant move has sent shockwaves throughout the cryptocurrency market, further contributing to the ongoing volatility triggered by the recent approval of multiple Bitcoin ETFs. FTX’s Significant Role in the Market Shift…
Netflix has pulled off a seismic move in the world of wrestling by securing exclusive rights to WWE Raw, WWE’s flagship show, surprising fans who expected it to land on a TV channel owned by Warner or Comcast. A Transformative Deal Mark Shapiro, President of WWE’s parent company TKO, hails the deal as transformative, marrying…
The UK government’s borrowing in December came in at £7.8 billion, a significant drop from the previous year and well below the £14 billion estimated by the Office for Budget Responsibility (OBR). A primary driver behind this unexpected decrease was the reduction in inflation-related debt interest costs. Fiscal Year Snapshot and Potential Tax Cuts Borrowing…