Category: Finance

  • Samsung’s Q1 Operating Profit Soars 930%, Outsmarting Apple

    Samsung’s Q1 Operating Profit Soars 930%, Outsmarting Apple

    Samsung Electronics, the South Korean tech giant, reported a remarkable 932.8% increase in its operating profit for the first quarter of 2024 (January to March). This surge has exceeded expectations and highlights the company’s strong performance in a challenging economic environment. In the first quarter of 2024, Samsung also emerged as the world’s top smartphone provider, overtaking Apple […]

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  • GRC platform Scrut Automation raises $10 Million

    GRC platform Scrut Automation raises $10 Million

    GRC platform Scrut Automation has raised $10 million in growth capital from existing investors Lightspeed, MassMutual Ventures and Endiya Partners. The company will enhance their platform capabilities, incorporate generative AI use cases to reduce the manual effort for risk and compliance teams, and expand to North American and European markets. With this round, the company […]

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  • Decoding G20 Leaders Call for Swift Implementation of Crypto Asset Reporting Framework

    Decoding G20 Leaders Call for Swift Implementation of Crypto Asset Reporting Framework

    By: Onkar Sharma The shadow economy propelled by the crypto market has been the cause of concern for several economies. However, the New Delhi G20 Summit has openly agreed to a Crypto Asset Reporting Framework (CARF). The call is critical in several ways and is going to bring transparency into the decentralized finance market. The […]

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