ChatGPT Claims Its First Financial Victim

Chegg CEO Dan Rosensweig said that in March, they saw a significant spike in student interest in ChatGPT. They now believe it is having an impact on their new customer growth rate, as ChatGPT claims its first financial victim. Chegg shares tumbled after the online education company said ChatGPT is hurting its growth. “In the first […]

Five Arab States Plus Iran Among 19 Nations Ready To Join BRICS

According to Anil Sooklal, South Africa’s ambassador to the group, 19 nations, including five Arab states and Iran, are ready to join BRICS. Saudi Arabia, the UAE, Algeria, Egypt, Bahrain, and Iran have formally asked to join the BRICS group of nations as it prepares to hold its annual summit in South Africa. In total, […]

Now Zimbabwe To Launch Gold-Backed Digital Currency

The Reserve Bank of Zimbabwe has announced that Zimbabwe will launch a gold-backed digital currency, dumping the US dollar. Zimbabwe has become the latest country to dump dollar and has decided to issue gold-backed digital currency for “investment purposes with a vesting period of 180 days.” The country’s central bank has revealed that these tokens […]