Crypto and quantum computing

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The advent of quantum computing presents both opportunities and challenges for the field of cryptography, especially in relation to cryptocurrencies. Quantum computers, leveraging the principles of quantum mechanics, have the potential to revolutionise computing by solving certain problems significantly faster than classical computers. One of the primary concerns is theRead More →

Russia interest rate

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Russia’s central bank on Friday 20th December 2024 left its key interest rates unchanged at 21% surprising markets The central bank reportedly cited monetary tightness as Moscow wages an ongoing battle with sky-high inflation. What is the rate of inflation in Russia As of November 2024, the rate of inflationRead More →

Google AI

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Google released the first version of its Gemini 2.0 family of artificial intelligence models in December 2024 Gemini 2.0 Flash, as the model is named is available in a chat version for users worldwide, while experimental multimodal version of the model, with text-to-speech image generation capabilities, available to developers. ‘If GeminiRead More →

Dow Jones

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On Tuesday 17th December 2024, the Dow Jones Industrial Average lost 0.61%, completing a nine-day losing streak. The Dow Jones Industrial Average has recently experienced its longest losing streak since the 1970’s – 1978 to be precise. The index has suffered nine consecutive days of declines. This downward trend began on 4th December,Read More →

Apple Intelligence

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Apple has finally rolled out updates for iPhone on Wednesday 11th December 2024, iPad, and Mac software, featuring the highly anticipated ChatGPT integration with Siri. The integration is activated when Siri is posed with complex questions. If a question is deemed more suitable for ChatGPT by Apple’s software, Siri willRead More →

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The U.K. economy contracted unexpectedly in October 2024, according to data from the Office for National Statistics (ONS). Gross Domestic Product (GDP) fell by an estimated 0.1% on a monthly basis, the ONS said Friday 13th December 2024, attributing the downturn to a decline in production output.  It marked the second consecutiveRead More →

Inflation U.S.

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U.S. consumer prices rose at a faster annual pace in November 2024, a reminder that inflation remains an issue both for households and policymakers. The consumer price index (CPI) showed a 12-month inflation rate of 2.7% after increasing 0.3% on the month, the Bureau of Labor Statistics reported Wednesday 11th November 2024.Read More →

Tesla EV

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Tesla shares soared to an all-time high on Wednesday exceeding their previous record set in 2021, driven by a post-election rally and heightened enthusiasm Wall Street for Elon Musk’s electric vehicle company. The stock increased to an intraday high of $415, exceeding its previous peak by 50 cents and closedRead More →

Tech tug 'o' war

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China has reportedly initiated a probe into Nvidia, the US computer chip manufacturer, over purported breaches of anti-monopoly regulations. The company’s shares fell by over 3% following the announcement, signalling the latest development in the ongoing tech conflict between the U.S. and China over the profitable semiconductor market. Over recentRead More →

Quantum computing power

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Google has unveiled a new chip which it claims takes five minutes to solve a problem that would currently take the world’s fastest super computers ten septillion or 10,000,000,000,000,000,000,000,000 years to complete. Google’s Quantum Leap: The Willow chip In a groundbreaking achievement, Google has unveiled its latest quantum computing chip,Read More →

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In November 2024, business confidence in the U.K. dropped to its lowest point since January 2023, as reported by BDO, a business advisory and accountancy firm. Concurrently, KPMG noted that UK job vacancies decreased at the quickest pace since the pandemic began. This downturn coincides with warnings from businesses thatRead More →

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In a historic moment for the cryptocurrency world, Bitcoin has finally breached the $100,000 mark. This milestone, reached on 5th December 2024, signifies a notable triumph for Bitcoin enthusiasts and investors who have endured the market’s volatility over the years. The cryptocurrency value surge past $100,000 followed Donald Trump’s electionRead More →