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OpenAI, the maker of ChatGPT, held a “Spring Update” event on Monday, where it announced a new desktop app, updated web UI, and the launch of its most advanced model, GPT-4o.The demo showed how high-end devices, ranging from Macs and…

Equity Group Holdings reported a 25.1 percent growth in net profit for the first three months to March to Sh15.3 billion from Sh12.3 billion in the corresponding period a year earlier. The increase in profits is due to the increase in…

In a significant policy update, PayPal has announced the removal of buyer and seller protection for Non-Fungible Tokens (NFTs), effective from May 20, 2024. This decision has sparked discussions and concerns within the NFT market. As a…

Fiserv, Inc. (NYSE: FI), a provider of payments and financial services technology solutions, announced its financial results for the first quarter of 2024 on Tuesday. The company reported a 7% increase in GAAP revenue and a 20% growth in…

Australia reported net 6.6K job losses in March 2024 instead of the estimated 7.2K increase in hiring, far below the earlier 117.6K gain, bringing the unemployment rate up from 3.7% to 3.8%. Underlying data showed that the losses were…

Spot Bitcoin ETFs, or exchange-traded funds, witnessed a net inflow of $203 million on Friday, April 6, continuing a trend for the fourth straight day. According to SoSoValue, Grayscale’s ETF, GBTC, saw its net assets decrease by $198…

Amidst improved investor sentiment, blockchain security firm PeckShield’s report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses. Despite…

Companies NCBA net profit rises 56pc to Sh21 billion Wednesday March 27 2024 NCBA Group Managing Director and CEO John Gachora during an investor briefing on March 27, 2024. PHOTO | DENNIS ONSONGO | NMG NCBA Group has posted a…

Bitcoin mining firm Core Scientific announced that total revenue for fiscal year 2023 amounted to $502.4 million, reflecting a decrease of $137.9 million or 22% from the $640.3 million recorded in the previous year. Core…

Shell Plc weakened its targets for carbon-emissions cuts in the coming decade, while maintaining the ambition of becoming a net zero company by 2050.The change is the latest sign of a broader adjustment in plans for the energy transition…