Ethiopia’s Commercial Bank recovers from major system malfunction
The Commercial Bank of Ethiopia recently endured a significant system malfunction, enabling some customers to make unauthorized money transactions. This unexpected system failure resulted in a substantial financial loss for the bank, with unofficial sources claiming a loss of around ETB 10 million. Investigations are currently underway to determine the cause of this malfunction.
Upon …
1991 Ventures plans major investment in Ukrainian startups
1991 Ventures, a UK-based firm initiated by Ukrainian siblings Denis and Viktor Gursky, is gearing up to primarily invest in Ukrainian startups. Backed by distinguished UK-based partners renowned for their prior investments in monumental startup ventures such as Seedcamp and Entrepreneur First, the Gurskys are set to offer financial aid mainly to Ukrainian startups.
The …
Rochester BID plans paused due to council resistance
The plans to create a Business Improvement District (BID) in Rochester, N.Y’s bustling city center has been postponed, owing to inadequate support from city council. This current stalemate has given a reality check to the challenges faced in attempting to bring about change in urban areas. Despite this, there hasn’t been a decrease in the …
Modest Tesla forecast, CEO shift concerns Papa John’s, Nvidia and Arista optimism rises
Barclays has shared a rather modest prediction of Tesla’s first-quarter deliveries to be around 420-425k units, far below the consensus estimation of 468k units. This cautious forecast could hint at potential struggles Tesla may face due to supply chain disruptions and the ongoing semiconductor crisis.
On a different note, CEO Rob Lynch’s surprise departure from …
St. Louis City SC stimulates economic rejuvenation
The emergence of St. Louis City SC has generated significant interest and economic revitalization across the city, offering a boost to local businesses. This surge in soccer-related activities has not only excited local sports enthusiasts, but also become a magnet for tourists, pumping fresh life into the hospitality and retail sectors. Such unprecedented growth has …
Increasing US Citizens Tap Into 401(k) Funds Early
“Findings suggest that a concerning increase in the number of US citizens are dipping into their 401(k) retirement funds prematurely. Within the last year, this trend is marked by a rise in ‘hardship’ withdrawals up from 2.8% to 3.6% of 401(k) holders.”
“Certified Financial Planner Jill Schlesinger attributes this worrying trend to escalating healthcare costs, …
Influencer Endorses Affiliate Marketing, Urges Caution
Instagram influencer, Chelsea Ouimet, advocates affiliate marketing as a promising avenue for significant online income. All it calls for, she asserts, is a phone, laptop, internet connection, and a little spare time daily for potential yearly earnings of $177,566.
Ouimet highlights the flexibility of such a digital role, making it attractive to those favouring a …
LinkedIn Enhances Support for Content Creators
LinkedIn, renowned worldwide for professional networking, is becoming increasingly popular among content creators, primarily due to the rise in remote work and digital connections following the global health crisis in 2020. This platform has evolved into more than just job-searching, providing a dynamic space for professional growth and engagement. The pandemic has truly transformed how …
Google Mulls Adding ‘Noindex’ Directive in Robots.txt
Internal discussions within Google about adding a ‘noindex’ directive in robots.txt have been revealed by the company’s spokesman, John Mueller. Although the concept of using a ‘noindex’ directive has been much debated and contemplated, more questions than solutions have arisen, leading to no definitive conclusion being made thus far.
The ‘noindex’ directive found on Mueller’s …
Palantir Stock Struggles Despite Positive Projections
Let’s talk about Palantir Technologies Inc. (PLTR). Yesterday, the stock took a small hit – a 0.83% drop, landing at $23.80 by market close. This might not seem like a lot, but when compared to the S&P 500’s growth of 0.57%, the Dow Jones’ 0.83%, and the Nasdaq Composite’s 0.39%, it’s not a great look.…