The world’s largest cryptocurrency, which currently has a market value of just over $1tn, ended Tuesday trading at $57,071. From the start of February, bitcoin gained 32%, putting it on track for its most significant monthly gain since January 2023. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Rallies exceeding 10% were influenced…
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The FCA investigation was launched in January this year, following complaints from members of the public who believe they were charged too much commission to arrange finance for car purchases. According to the Financial Ombudsman, around 17,000 complaints have been received so far. This raises the prospect of the bank being forced to pay compensation…
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Should the Omaha-based organisation pass the $1tn mark, it would be the first US non-tech company to do so. At one stage, Berkshire’s value rose above $925bn. In 2023, the company’s stock increased by 15%. In his yearly address to shareholders, Buffett justified the company’s conservative financial approach and added: The ‘margin of safety’ approach…
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This AWS Mexico Region will allow businesses, the government, education facilities and nonprofits more flexibility in app usage and data storage. This latest initiative from Amazon aims to offer updated and secure cloud computing. Mexico’s Secretary of Economy, Raquel Buenrostro, said: Cloud services are an essential part of everyday life, helping us to digitally and…
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This massive gain overtook the previous best day of trading set by Facebook owner Meta Platforms Inc. (META) when it added $196bn to its value on February 2 this year. Analysts had hotly tipped NVDA to make huge profits thanks to its groundbreaking artificial intelligence (AI) technologies; however, even those analysts were taken aback by…
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The penalty includes $1.81bn criminal and $2.51bn forfeiture fines. Binance already submitted its guilty plea in November 2023 and this legal approval, which was given on Friday, 23 February 2024, brings the matter to a close. According to Reuters, the plea resolved an extensive probe that investigated Binance’s failure to report over 100,000 transactions attached…
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The Tesla founder and CEO took to X soon after this announcement and indicated that he is not surprised about Rivian’s performance and ensuing layoff action. Musk also said that, should Rivian continue on its current trajectory, the company would become insolvent in another six quarters. He commented: Maybe that trajectory will change, but so…
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This acknowledgement underscores the exceptional work environment and remarkable levels of employee satisfaction maintained by the company. This global recognition is a crowning achievement following three consecutive years of obtaining the certificate in Cyprus, between 2021 and 2023. The awarded certificate is based on a rigorous evaluation of a multi-disciplinary range of criteria, such as…
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The year-on-year comparison, however, shows a 1.7% decline. Based on Reuters data, January sales predictions came to 3.97 million units as opposed to the realised 4.00 million units. As residential resales are only valid after finalising agreements, these totals most likely reflect deals in the two months preceding January 2024. In December 2023, the average…
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Reddit issued a statement on its website saying: With this partnership, and via our Data API, we’re ushering in new ways for Reddit content to be displayed across Google products by providing programmatic access to new, constantly evolving, and dynamic public posts, comments, etc., on Reddit. The social network forum also filed its intention to…
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