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(Bloomberg) — Robinhood Markets Inc. is planning to increase how often it debuts publicly traded closed-end funds after unveiling its first two attempts at making private firms more widely available to its retail customers. The first fund, which holds stakes in large private technology companies, debuted in March, and is now being followed by a…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Remember when there were “internet companies”? And then, before you knew it, just about every company was heavily leveraging the internet to compete. In a matter of business déjà vu, artificial intelligence is progressing fast toward the…
Sam Altman and Dario Amodei on Wednesday asked United Nations members to work together on global AI standards.
Insurer Admiral Group (LSE: ADM) is among several firms which earlier this year saw their share price slump because of fears that AI-powered rivals could capture most (or all) of their business. However, since then many of these stocks have bounced back, with investors deciding that such fears are overhyped. Admiral Group’s shares fell by…
Speedier implementation could boost the country as a regional trade gateway. Freight rail and port reforms being implemented by South Africa can boost the country’s role as a trade gateway between Africa and the Middle East, a key Southern African export and source market for commodities, including minerals, fertilizers, and fuel. South Africa launched logistics…
You probably start your morning with some coffee to get your brain online. Classic choice. But for many of us, that buzz lasts only so long. When your energy begins to flag, you could pull some caffeinated trail mix out of your desk drawer as a midmorning snack. Come lunchtime, to make sure you’re really…