News

GraceKennedy acquires Scotia Insurance Caribbean Limited

GraceKennedy completes the acquisition of Scotia Insurance Caribbean Limited which is a pivotal step for GraceKennedy’s strategic initiative both in its finance compartment and further broadening its presence in the Caribbean financial sector. The new company will be branded...

US legislators propose new law to tighten control over the internet

A very important new bill is being circulated within the United States that will change the way how Americans use the internet and will probably affect other countries as well. Earlier this month, a bill “S.686 Restrict Act” was...

TikTok faces growing pressure in the US as law makers are considering what to do with it

As the days go by TikTok business is becoming more vulnerable in the United States. Last week CEO Shou Zi Chew was at the end of serious interrogation from lawmakers, senators from various parties, and other government officials as...

FESCO had another stellar quarter

FESCO has yet again shown that it has solid growth potential as it yet again beats analysts' estimates and had its best quarter ever. For the third quarter that ended December 31, 2022, the company recorded operating profits of J$155.59...

Character.ai raised US$150 million in series A funding to build out Chatbot product

As the AI market continues to heat up against the backdrop of ChatGPT last year, we are starting to see an array of startups entering the scene specifically in the natural language space. ChatGPT was the inflection point that...

New details from Barita Investments reorganization have emerge

Barita Investments' reorganization is going to be a major turning point for the company. A major announcement that has come out is that the company will be delisted from the stock market and will likely reappear under a new...

UBS bailed out Credit Suisse from the jaws of death

UBS, Switzerland’s largest bank has agreed to buy rival Credit Suisse in a deal that could save the bank but for how long? Earlier this month we have seen major banks teetering on the edge of collapse, banks such...

Jamalco’s sale is in sight

Noble Group Holding Limited (NHGL), which is an asset holding company based in Hong Kong is on the verge of offloading General Alumina Holdings assets to a third party through a call option. A deal to sell its 55%...

GPT-4: OpenAI releases yet another language model as the AI competition heats up

It has not been an entire year or 9 months since OpenAI released another Artificial intelligence model which some are claiming is already better than ChartGPT. Time will tell if such words are true but this is just another...

Meta scales back on NFTs

It seems as if Meta has been going through a wide restructuring. They have been cutting out the non-essentials within the organization and focusing on the key areas that are deemed important enough to sustain the business. The very name...
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Latest News

Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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