Russia’s space sector has seen a dramatic fall, with its satellite launch orders decreasing by 90% since the 2022 Ukraine invasion. This shift has elevated the United States as the top space power. Meanwhile, India and China are stepping up to fill the gap Russia has left behind. Europe used to depend on Russia for […]
Related Posts
StoneCo’s 90% Q1 Profit Surge Driven by Increased Payment Processing
StoneCo (STOC31) reported a 90% rise in its adjusted net profit for Q1 2024, driven by a surge in processed payments. Stone leads as a Brazilian fintech company. It provides payment processing solutions and financial services. The company achieved an adjusted net profit of R$ 450.4 million ($87.48 million) for the quarter ending in March. […]
Meta makes major move back to free speech and ends 3rd-party fact-checking program
In 2022, Elon Musk acquired Twitter and made a series of changes to the platform, including changing its name to X and introducing Community Notes, which is a feature that allows users to add context or fact-check potentially misleading posts. This approach differs from Meta’s model, which relies on third-party, independent fact-checking organizations to flag […]
Goldman Sachs Reports Major Change in Crypto Market
In 2023, the cryptocurrency market experienced a significant shift towards institutionalization, as noted by Goldman Sachs. This change is characterized by a move from predominantly unregulated activities to more regulated and centralized initiatives. The shift indicates a maturation of the market, attracting more traditional and institutional investors. Previously, the crypto market operated largely in unregulated […]