Nvidia, the renowned chip maker, has achieved a significant milestone by surpassing the $1 trillion valuation mark. The company’s stock witnessed a staggering 28% jump to $383.34 a share, propelling it into the rarefied air inhabited by tech giants such as Apple, Microsoft, Google, and, albeit briefly, Facebook and Tesla. This surge in valuation can Read More…
Victoria Delane is a woman who followed her dream and turned it into a successful business. As the CEO of Vic Delane Styling, a personal wardrobe stylist company, she has made it her mission to empower people and normalize luxury for the “everyday person.” She offers services that alleviate the time, energy, and stress of Read More…
China’s announcement of its successful 6G telecommunication technology development has sent waves through the tech industry. The news comes just a few years after the country launched the world’s first 6G communications test satellite in November 2020. While many countries are still struggling to implement 5G technology, China is already paving the way for the Read More…
Group Nordik, a Canadian spa and wellness center, emailed their customers on Wednesday morning about a potential data breach. According to the email, a non-authorized third party may have accessed clients’ personal information who received gift certificates from one of Group Nordik’s spas. The breach occurred between November 4, 2022, and February 27, 2023. The Read More…
Employee retention represents your ability to keep your workers under contract, thus creating a more stable and efficient workforce. Reducing turnover has always been a high priority for companies due to the fact that it increases productivity, accelerates growth and success, and reduces overall costs. But ever since the pandemic, an increasing number of employees Read More…
The UK space sector saw a rise in income and employment, with almost 1,800 more jobs created and an increase in the number of space organizations by almost 300 from 1,293 to 1,590. The latest Size & Health of the UK Space Industry report shows that the sector generated £17.5 billion in 2021, compared to Read More…
In February 2023, Google made headlines by rolling out its version of OpenAI’s language model, GPT, called “Bard,” but it crashed and resulted in wiping out $100 million in stock value. The first public test of the model was widely criticized for its lack of accuracy and tendency to generate offensive or nonsensical text. The Read More…
Becoming financially literate is a crucial aspect of being a successful business owner. Unfortunately, many business owners neglect this important skill and suffer the consequences of poor financial management. To avoid this, it is important for anyone in their industry or planning to go into business to become financially literate. One way to achieve this Read More…
The banking industry has always been a key driver of the global economy, but recent events suggest that it is in real trouble. The pandemic and risky lending, inflation, and questionable leadership decisions have created the perfect storm for another financial crisis. It is time to sound the alarm on the banks and the real Read More…
Moody’s Investors Service, one of the world’s most respected credit rating agencies, has downgraded the US banking industry from stable to negative. This warning was issued in early 2021 and was a cause of concern for investors worldwide. Moody’s expressed concerns about the US banking industry’s financial stability and the likelihood of further bank failures. Read More…
The collapse of Silicon Valley Bank earlier last week has raised concerns about the efficacy of financial regulations put in place after Trump rolled back regulations. Many experts argue that the bank’s collapse could have been prevented if not for the Trump Administration’s dismantling of key sections of the Dodd-Frank regulations. What is Dodd-Frank? The Read More…
The collapse of Silicon Valley Bank is still sending shockwaves through the financial industry, with many analysts questioning how such a once-proud institution could fall so fast. However, one aspect of the bank’s collapse has raised particular concerns: the actions of CEO Greg Becker, who sold over 12,000 SVB shares for $3.6 million just 11 Read More…
The collapse of Silicon Valley Bank continues rock the financial industry with its future and billions of dollars of customer money up in the air. The once well-respected institution serving the technology industry and financing startups, collapse is eerily reminiscent of the 2008 financial crisis, that saw some of the world’s largest financial institutions fail. Read More…
Starbucks, the world-renowned coffee company, has been labelled by some as the largest unregulated bank in the world. This title may seem strange for a coffee company, but some startling statistics back it. According to reports, Starbucks has an estimated $3 billion loaded on Starbucks gift cards and its app annually, and around 10 percent Read More…
Meta, the parent company of social media giant Facebook, Instagram and WhatsApp, is reportedly planning to lay off thousands of employees within the week, according to an anonymous source. This news comes just months after Meta cut around 13% or 11,000 employees in January of this year. This latest round of layoffs is expected to Read More…
In today’s digital world, marketing has become an essential aspect of any business’s success. With the increasing competition in the market, businesses are always on the lookout for effective marketing strategies to help them stay ahead of their competitors. This is where entrepreneurs like Mohamed Nagia come in, with their expertise in digital marketing and Read More…
The first Annual Black Business Gala presented by CIBC Black Entrepreneur Program and Motto was recently held at the Motto’s Grand Opening in Manitoba. The event was an exquisite, elegant affair, with food catered by one of Winnipeg’s top chefs, Melissa Brown of Brownees Urban Bistro. Motto has quickly become Manitoba’s premier one-stop shop for Read More…
Inflation is a critical component of the economy, and it is often seen as a key indicator of the economic health of a country. The Canadian economy has experienced low unemployment rates in recent years, which is generally viewed as a good thing as it indicates that people are finding jobs and contributing to the Read More…
Tesla, the leading electric vehicle manufacturer in the world, recall announcement yesterday of nearly 363,000 vehicles equipped with the ‘Full Self-Driving (FSD)’ feature was predictable., seeing it is not the first time the company has had issues with the FSD. The recall comes from reports from the National Highway Traffic Safety Administration (NHTSA) that the Read More…
Ontario is leading the nation in job creation, as recent data from Statistics Canada shows that employment in the province increased by 62,800 jobs in January 2023. This is a significant increase compared to the same period in the previous year and it is a testament to the resilience of the Ontario economy. The growth Read More…
In November 2021, the Canadian Privacy Commission (CPC) announced that it had found Home Depot to be in violation of Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) for knowingly turning over users’ data and email addresses to Facebook. The information was gathered from point-of-sale receipts at Home Depot stores. According to the CPC, Read More…
The Republican Party’s Fair Tax Act, also known as the “Tax Cuts and Jobs Act,” was introduced in 2017 and proposed to overhaul the current tax code by replacing all federal income taxes with a flat 30% consumption tax. This includes eliminating individual and corporate income taxes, payroll taxes, estate taxes and the Internal Revenue Read More…
