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Older U.K. adults face less cybercrime than younger adults but suffer greater financial impact
A new study has found that adults aged 75+ years are more likely to repeatedly experience cybercrime and related financial losses than other adults.
The researchers—Benjamin Havers, Kartikeya…
Tesla in talks with Austin for potential launch of driverless EV fleet
Tesla may be preparing to launch a driverless fleet of electric vehicles in Austin, Texas. Emails obtained by Bloomberg show that there’s been regular communication between Tesla and the the city…
Vultr raises $333M to scale GPU fleet amid AI cloud computing boom
Vultr, a privately-held cloud infrastructure provider based in West Palm Beach, Florida, announced fresh funding this week that puts the company’s valuation at $3.5 billion. The $333 million…
Federal Reserve lowers rates but warns of slower easing in 2025
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, moving the target range to 4.25% to 4.5%. It represents the third consecutive cut since…
Study finds electricity market ‘choice’ often costs consumers more
The retail electricity market in Ohio, USA, where consumers can choose from a range of energy providers, has fewer bargains than cost-increasing offers, researchers have found. In other words,…
Databricks raises $10 billion, soars to $62 billion valuation
Databricks announced plans to raise a mammoth $10 billion at a $62 billion valuation, marking one of the largest private funding events in recent memory.
Its new round arrives amid an active…
UK inflation rises to 2.6% in November, highest rate since March
UK inflation ticked higher in November, with the Office for National Statistics reporting a rise in annual consumer prices to 2.6%, up from 2.3% in October. This is the highest rate since March…
Honda and Nissan rumored to be in merger talks
Honda and Nissan are rumored to be in merger talks which could also bring Mitsubishi into the fold, according to a recent report by Nikkei.
Could this be the jolt Japanese carmaking has been…
U.S. November retail sales rise 0.7%, surpassing expectations
American shoppers turned out in slightly stronger force than anticipated as the holiday season got underway in November, according to fresh data from the Census Bureau released Tuesday. Retail…
New study uncovers how accelerator programs propel startup success worldwide
Today, Startup Accelerators—also known as Seed Accelerators—are vital components of entrepreneurial ecosystems. They provide resources, mentorship, and networks to fast-track ventures during…
Waymo sets sights on Tokyo with driverless debut
Waymo, the Alphabet-owned autonomous vehicle firm that’s spent years fine-tuning its cars in American cities, is finally crossing the Pacific, straight into the heart of Tokyo. Early 2025 will…
T-Mobile partners with Starlink to tackle signal dead spots
T-Mobile is taking a big leap forward in hopes of ending those frustrating “no service” moments, especially in places you never thought you’d see a signal bar. The company just opened…
Business Term of the Day
Trade Barrier
A Trade Barrier is a government-imposed restriction on the international exchange of goods and services to protect domestic industries and control economic activity across borders.
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