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The financial technology industry is undergoing a significant transformation, with industry insiders and investors indicating that the sector has experienced a notable shift. At the recent Money20/20 event in Amsterdam, executives and investors shared their observations with CNBC, highlighting that valuations have adjusted from the unsustainable highs seen during the industry’s peak in 2020 and
In a recent investor briefing, Databricks CFO Dave Conte revealed some staggering numbers regarding the company’s revenue projections. By the midpoint of the current year, Databricks expects its annualized revenue to reach an impressive $2.4 billion. What makes this even more remarkable is the fact that their sales for the first six months of fiscal
Recently, the Redmi Note 13 Pro 5G was introduced in India, showcasing impressive features such as a Snapdragon 7s Gen 2 chipset, a 5,100mAh battery with 67W wired fast charging, and a 200-megapixel triple rear camera unit. However, new information has surfaced regarding the availability of a different color variant for the device. Tipster Sudhanshu
President Joe Biden recently addressed the public regarding the latest inflation report, highlighting the fact that consumer prices did not increase in May compared to April. This was the first time since 2022 that the month-over-month inflation rate in the US remained flat. The federal Bureau of Labor Statistics report indicated that the annual inflation