Crypto scams thrive in 2024 on back of ‘pig butchering’ and AI: Report

Crypto scams thrive in 2024 on back of ‘pig butchering’ and AI: Report

Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimates Boonchai Wedmakawand | Moment | Getty Images Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized, … Read more

The AGI Revolution Is Coming — Here’s What Every Leader Needs to Know

The AGI Revolution Is Coming — Here’s What Every Leader Needs to Know

Opinions expressed by Entrepreneur contributors are their own. As we race toward the development of Artificial General Intelligence (AGI), I find myself deeply pondering one crucial question: What will life actually look like for the average person in an AGI-powered world? With the Stargate Project, a $500 billion investment into AI infrastructure, announced by President … Read more

Prenuvo adds new health tests to full-body scan, fresh funding round

Prenuvo adds new health tests to full-body scan, fresh funding round

Prenuvo’s clinic in New York City, New York. Courtesy of Prenuvo Preventative health startup Prenuvo on Thursday announced it will offer three new health assessments in addition to its flagship full-body MRI scan. The company is launching a detailed blood test, neurological scan and body composition analysis that was approved by the U.S. Food and … Read more

Warren Buffett Buys £28M Worth of Occidental Petroleum Shares, Bumps Stake to 28.2% Ahead of Q4 Results

Warren Buffett Buys £28M Worth of Occidental Petroleum Shares, Bumps Stake to 28.2% Ahead of Q4 Results

According to an 11th February Securities and Exchange Commission (SEC) filing, Berkshire Hathaway Chair Warren Buffett increased his stake in Occidental Petroleum (NYSE:OXY) by purchasing 763,017 company shares worth north of £28 million. Buffett’s latest move comes ahead of Occidental Petroleum’s (NYSE:OXY) Q4 results, which will be released on 19th February. The Oracle of Omaha … Read more

Sony earnings Q3 2025

Sony earnings Q3 2025

Sony PlayStation games are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty Images Sony on Thursday posted an operating profit beat for its December quarter after a jump in gaming revenues. The company’s consolidated operating profit hit 469.3 billion yen ($3.05 billion), versus 404.21 billion … Read more

Lyft shares sink nearly 8% on underwhelming fourth-quarter results

Lyft shares sink nearly 8% on underwhelming fourth-quarter results

Lyft shares shed about 7.9% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenue of $1.55 billion, versus the $1.56 billion expected by analysts polled by LSEG. Revenue grew 27% from $1.22 billion a year ago. Bookings, which … Read more

Reddit (RDDT) Q4 earnings reports 2024

Reddit (RDDT) Q4 earnings reports 2024

Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024.  Frederic J. Brown | Afp | Getty Images Reddit shares fell more than 15% on Wednesday after the company reported weaker-than-expected user numbers in … Read more

Formula E Boosts Visibility with Celebrity Evo Sessions

Formula E Boosts Visibility with Celebrity Evo Sessions

While Formula 1 is typically associated with glitz and glam, its sister electric racing championship Formula E is also getting the star-studded treatment. The open-wheel single-seater motorsport championship for electric cars was first started 11 years ago and is similarly governed by the FIA. While the series has gained popularity in motorsports-heavy places such as … Read more

Fintech unicorn Zepz to lay off 200 employees, sources say

Fintech unicorn Zepz to lay off 200 employees, sources say

Mark Lenhard, CEO of U.K.-based remittances platform Zepz. Lukas Schulze | Sportsfile for Web Summit via Getty Images LONDON — British digital remittances company Zepz is laying off dozens of IT workers and is in the process of closing down business units in Poland and Kenya. Roughly 200 staff members will be impacted by the … Read more

Beijing slams Taiwan’s ‘absurd’ DeepSeek ban, dismisses security fears

Beijing slams Taiwan’s ‘absurd’ DeepSeek ban, dismisses security fears

Beijing has condemned Taiwan’s ruling party for ordering a ban on DeepSeek in government departments and public schools, while calling for cross-strait cooperation on artificial intelligence (AI). The Taiwan Affairs Office (TAO) of the State Council, which handles cross-strait relations and policies, also highlighted the global “popularity” of the AI model from the mainland start-up … Read more