Business

192 Posts
Bitcoinmagazine
Bitcoinmagazine
· May 19

JPMorgan To Allow Clients To Buy Bitcoin, Jamie Dimon Says

JPMorgan Chase CEO Jamie Dimon reaffirmed his personal disapproval of Bitcoin, despite announcing that the bank will allow clients to purchase Bitcoin, though it will not custody the digital asset. Dimon compared buying Bitcoin to smoking—acknowledging clients’ rights to invest while expressing skepticism about Bitcoin’s intrinsic value and its use...
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Business
Businessinsider
Businessinsider
· May 19

Nvidia CEO says Chinese AI researchers are ‘world class’ — and US companies are hiring ‘a whole bunch’ of them

Nvidia CEO Jensen Huang praised Chinese AI researchers as “world class,” highlighting that US AI companies like Anthropic and OpenAI actively recruit them. He emphasized the importance of international competition for innovation but warned against restrictive US regulations that may hinder American progress in AI technology. Huang criticized the Biden-era...
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Business
Searchenginejournal
Searchenginejournal
· May 19

Does Google’s AI Overviews Violate Its Own Spam Policies?

Google’s new AI Overviews (AIO) feature repurposes long-form content by rewriting published articles to provide direct answers, raising concerns about plagiarism and lack of originality. Search marketers and SEO professionals highlight that AIO answers closely mirror original content without adding unique insights, potentially violating Google’s own spam and quality guidelines....
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Business
Nairametrics
Nairametrics
· May 18

Shell confirms it paid Nigeria $5.34bn in taxes, charges in 2024, its highest government payout globally 

Shell Plc paid $5.34 billion to the Nigerian government in 2024, marking its highest global government payout, surpassing payments to Oman, Brazil, and Norway. Most of the payments, over 71%, went to the Nigerian National Petroleum Corporation (NNPC), totaling about $3.8 billion, with additional amounts paid as taxes, royalties, and...
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Business
Thesun
Thesun
· May 18

China to establish electric vehicle factories in Nigeria

The Chinese Ambassador to Nigeria, HE Yu Dunhai, emphasized enhancing collaboration in Nigeria’s solid minerals sector with plans to establish electric vehicle factories. The initiative aligns with Nigeria’s economic diversification goals and recent strategic partnership agreements between Presidents Bola Tinubu and Xi Jinping. Concerns about illegal mining involving some Chinese...
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Business
Vanguardngr
Vanguardngr
· May 18

Canada pauses some counter tariffs against US

Canada has temporarily paused some counter tariffs against the United States but maintains that 70% of these tariffs are still in place. Finance Minister Francois-Philippe Champagne denied claims that all retaliatory tariffs were quietly lifted, emphasizing a calibrated approach to limit economic harm. The pause affects sectors like food and...
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Business