Nik Storonsky, co-founder and CEO of fintech giant Revolut, is bucking current trends in how he runs his company. At a time when tech companies are competing to offer employee benefits and emphasize work-life balance, Revolut is taking a different approach—an uncompromising focus on performance, numbers, and growth. Storonsky's management sty...
Not long ago, Groupon was considered a relic of the internet era, but today it's making a surprising comeback. Its shares have significantly exceeded analysts' expectations, mainly thanks to the intervention of Czech investors from the Pale Fire Capital group. They restructured the company and now believe it is ready to start growing instead of ...
In the last financial year, Toyota Motor, Japan's leading carmaker, recorded an impressive rise in net profit, which almost doubled to a record 4.94 trillion yen, equivalent to about 742 billion kronor. This remarkable increase in profits was supported by several factors, including strong demand for vehicles following the end of the covid-19 pan...
There is only a short time left until the event that will make waves in the cryptocurrency universe - the halving of bitcoin. What does that mean? Simply put, from a certain date, the reward for bitcoin miners for their work will be halved. It's a sort of ritual that takes place every four years and the expectations around it are huge. It is ...
Nvidia's financial results for the last quarter of last year exceeded all expectations and redrew the economic map. The US chip giant reported a meteoric rise in profits to $12.3 billion, a jump of 769 per cent compared to the same period last year. Sales reached a respectable $22.1 billion, a dramatic increase of more than three times compared ...
Bitcoin, the most well-known and most traded cryptocurrency, has recently undergone a significant decline that has reduced its value to $38,460, a significant slowdown from its recent two-year high of $49,051. Although the price is struggling to recover, the short-term oscillators are showing a strong downward bias, which raises technical concer...
