Stablecoin issuer Tether notches $5.2bn profit in first half of 2024

In this video, experts discuss the future of mornings with AI-powered tools optimizing workflows by 2025, potentially revolutionizing operations for businesses. Companies like Anthropic, Microsoft, Google, and OpenAI are leading the way in the AI evolution, with "Phase 3" of AI already here, offering productivity-boosting digital assistants. Viewers can learn about 5 rule-breaking AI hacks to transform sluggish mornings to supercharged ones, with strategies to integrate these tools and stay ahead of game-changing technology. Download...

Google's chief investment officer Ruth Porat highlights the company's significant investment in AI for search, calling it their biggest bet yet. Google has introduced AI overviews to search results, but initially faced challenges with inaccuracies. Despite this, Google plans to continue adding AI features to search, with CEO Sundar Pichai hinting at significant changes by early 2025. Currently dominating the global search engine market share, Google remains focused on advancing AI technology to enhance the...

Porsche SE anticipates writing down its stake in Volkswagen by up to 40%, citing uncertainty over potential plant closures and strikes. The Porsche-Piëch family's holding company expects to write down its stake in VW by €7bn to €20bn, and its stake in Porsche AG by €1bn to €2bn, emphasizing that the book value of both stakes will remain significantly higher than their stock market values. VW faces resistance from union IG Metall and its works...

Major U.S. companies are making donations to support President-elect Donald Trump's second term inaugural events, a common practice to build relationships with incoming administrations. This follows a trend seen in previous years, where corporate leaders seek to align themselves with the new administration through financial support. The donations reflect a strategic move by companies to establish connections and influence policy decisions in the upcoming administration. Full Article

The Cavendish Hotel in Derbyshire offers a luxurious winter break in a historic coaching inn renovated by designer Nicola Harding. With two restaurants, including the more relaxed Garden Room and the formal Gallery, guests can enjoy delicious meals. Nearby, Chatsworth House hosts festive Christmas celebrations, including a themed display, Christmas market, and captivating winter light show. Full Article

Vietnamese property tycoon Truong My Lan was sentenced to death for masterminding a $12 billion bank fraud, with a chance for commuted sentence if she repays 75% of the embezzled amount. The scale of the fraud has shocked the country and damaged investor sentiment, leading to a government crackdown on corruption. Lan's rise from humble beginnings to infamy through manipulation of the banking system has resulted in a potential life sentence as she races against...