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Silicon Valley Bank collapse brings back fresh memories of last financial crisis

They say that history doesn’t usually repeat itself but it rhymes, well in this case that might be true. Today we got a glimpse of what is to come if the FED doesn’t intervene and help mitigate the situation....

Sagicor X Fund had a difficult 2022

Sagicor Real Estate X Fund had a difficult year through the period of 2022. Specifically, a significant portion of the losses is because of poor results from financial assets and liabilities. The figure for liabilities and financial assets for...

Grace Kennedy partners with Trinidad and Tobago Unit Trust Corporation to launch GK Mutual Funds

Over the last couple of years, we have seen GraceKennedy steadily pivoting into new directions. As the world around them starts to change, they are now finding new ways to adapt, expand and provide value to both existing and...

Tesla cut prices for Model X and Model S for car owners in United States

Tesla has decided to cut the prices of its Model S Sedan and Model X SUV in the U.S. This marks the second time the company has slashed prices for the year. It will probably not be the last...

Swarm is now paying for SpaceX after nearly two years after purchase

Recently, SpaceX delivered more data about the new argon Hall engines that will power the Starlink V2 small-scale satellites, a development that probably has a lot to do with the organization's acquisition of Swarm Technologies in 2021. The arrangement shutting...

USA government is deeply considering the decision to ban TikTok

The House Foreign Affairs Committee has cast a ballot to propel regulation that would empower President to boycott TikTok in the US alongside other applications claimed by Chinese organizations. The panel approved the Deterring America’s Technological Adversaries (DATA) Act...

Norbrook is making a larger push in the luxury real estate market with US$75 million investment

Norbrook Realty Limited is on the verge of investing approximately US$75 million in a group of real estate projects at various locations within Jamaica. These projects will be mainly luxury commercial and residential properties. A commercial tower will be...

Snapchat creates AI chatbot from OpenAI GPT

It's quite important that not at all like Microsoft's vision with Bing, Snapchat's My simulated intelligence AI isn't intended to go about as a web crawler. It's rather viewed as a persona inside Snapchat that you can talk with...

Seprod numbers surge on the backdrop of major acquisition

Seprod Group had a stellar December fourth quarter where they beat analysts' estimates. Net profits for this particular quarter grew by 314%, which is an increase of J$916 million. Revenues for the period grew by 122% to a figure of...

2022 was a breakout year for iCreate

iCreate had a record-breaking quarter ending December 2022, revenues surged by 2,795.2% which equates to J$28.9 million. Overall revenue for 2022 climbed by 314.5% which is approximately J$136.05 million. Profit also increased by 170.8% to a figure of $22.8 million...
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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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