I write about what I just realized
Uber has made a significant leap in the financial world by joining the prestigious S&P 500, as announced on December 1, 2023. This inclusion marks a notable achievement for the ride-hailing company, reflecting its solid financial performance and growing market…
Meituan not buying Foodpanda after all
Reported by Business Times, Meituan’s recent announcement of not pursuing the acquisition of foodpanda has come as a significant relief for Grab. This decision by the Chinese food delivery giant has lifted a major concern for Grab’s stock prices. Rumors…
W48 TWIL: Discoveries in Mexico
The Birth of “This Week I Learned”
Finance has been the heart of my blogging journey—a world of numbers, trends, and economic forecasts. Yet, as the landscape becomes increasingly complex, I’ve found the pursuit of the latest financial news to be a Sisyphean task, often with little…
Basic Spanish / English words relating to food
While traveling in Mexico, I realized how important it is to know a bit of Spanish. Here’s the basic list I’ve compiled to help me along, hopefully it helps you too: Dulce: SweetÁcido: SourPicante: SpicySalado: SaltyAmargo: BitterSabroso / Rico: Tasty…
OpenAI Employees Demand Board Reshuffle
OpenAI, the AI research powerhouse, faces unprecedented internal upheaval. Over 730 employees, nearly 95% of the staff, have signed a letter demanding the board’s resignation and the reinstatement of ousted CEO Sam Altman and co-founder Greg Brockman. This revolt follows…
Tech Shake-Up: Microsoft Welcomes Sam Altman and Greg Brockman
In a stunning twist in the tech world, Microsoft has announced the hiring of former OpenAI CEO Sam Altman and co-founder Greg Brockman. This move comes shortly after Altman was dismissed from OpenAI, with the board citing a lack of…
Sam Altman Steps Down as CEO of OpenAI
In a surprising turn of events, OpenAI, the pioneering artificial intelligence research lab, announced that Sam Altman would be stepping down from his role as CEO. This significant shift in leadership comes at a crucial juncture for the company, known…
Grab Achieves Profit on Adjusted Basis
Grab has hit a significant financial milestone. For the first time since its inception in 2012, Grab has reported a profit on an adjusted basis, a promising development for investors concerned about the company’s profitability. In the quarter ending September,…
Shein Targets $90 Billion Valuation in Upcoming IPO
Shein, the Singapore-based fast fashion giant, is setting its sights high for its U.S. initial public offering (IPO), targeting a valuation between $80 billion and $90 billion, as reported by Bloomberg. This ambitious valuation marks a significant increase from its…
Uber releases Q3 financials
Uber Technologies Inc (NYSE:UBER) has delivered a good performance in Q3 2023, showcasing a robust recovery with a net income of $221 million. This marks a significant reversal from the net loss of $1.2 billion in Q3 2022. The company’s…
Mint.com to be sunsetted
Intuit’s decision to sunset Mint in favor of Credit Karma has unsettled its vast user base. Mint, since 2006, has been a cornerstone in personal finance management, valued for its no-cost, comprehensive budgeting tools. The transition to Credit Karma brings…
