Tag: Business

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2min10060
Sony has announced a price hike for its PlayStation 5 (PS5) Digital Edition consoles in several regions, including Europe, the United Kingdom, Australia, and New Zealand. The company attributes the increase to global economic challenges, such as rising inflation and volatile exchange rates. Effective immediately, the new prices are as follows: United Kingdom: £429.99 (up […]

Ifunanya Okafor2 March 2025
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3min6400
Chinese artificial intelligence startup DeepSeek has disclosed detailed cost and revenue figures for its popular V3 and R1 models, claiming a theoretical cost-profit ratio of up to 545% per day. However, the company emphasized that actual revenues would be significantly lower due to various operational factors. According to the disclosure, DeepSeek rents Nvidia H800 chips […]

Ifunanya Okafor3 February 2025
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6min9710
The U.S. dollar surged to multi-year highs on Monday, while the Canadian dollar, Mexican peso, and Chinese yuan tumbled after President Donald Trump imposed sweeping tariffs on America’s top trading partners. The move has triggered fears of a global trade war, sending stock markets into a sharp decline. Immediate Market Reaction The Chinese yuan fell […]


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