Finance
FNNews publication, citing information from Counterpoint Research analysts, writes that the plan to sell Galaxy S22 smartphones is underfulfilled by 30 million units. The source believes that the reason is the decline in interest in classic flagship phones in favor of folding devices. Samsung Galaxy Z Flip 4 smartphone also
Finance
MicroStrategy, acquired an additional 2,500 BTC. MicroStrategy currently holds 132,500 BTC (~$4.03 billion spent, based on an average purchase price of $30,397).
Finance
Tokyo authorities charged Apple with paying $98 million for wholesale sales of iPhones and other Apple devices to foreign tourists. The reason: these sales were not subject to state tax. Japan allows tourists staying less than six months to buy goods without paying a 10% "consumption" tax. However,
Finance
Abdullah Yameen was president of the Maldives from 2013-2018. He was sentenced to 11 years in prison and a $5 million fine. The court found that Yameen deposited money received from the lease of Aar Island into his personal account and laundered the funds. He also received a $1 million
Finance
One of the largest bitcoin miners, Core Scientific, has failed financially and will file for Chapter 11 bankruptcy today. Sources familiar with the miner's business told CNBC reporters. For now, the company still manages to generate a profit, but according to the insider, that revenue is not enough
Finance
He co-founded it along with "cryptocurrency queen" Rouge Ignatovna, who is still on the federal wanted list. Greenwood, a Swiss and British citizen, was detained in Thailand and extradited to the United States. He will be sentenced on April 5, 2023. But the "cryptocurrency queen" was
Finance
According to the minister, domestic games have become in demand at a time when large international companies "do not give away their content." "Therefore, games, gamedev will definitely be in focus both in terms of launching a large project to develop a Russian game engine and in
Finance
Maxim Pustovoy, the company's managing director, when asked by the InvestFuture team about the growth of sales at a time when most of the revenue comes from large businesses, explained why the company plans to increase sales volumes. First, there are still many companies on the market that
Finance
The latest survey by the Federal Reserve Bank of New York showed that the rate of credit card applications in October was 27.1%. On an annualized basis, the increase was 0.6%, indicating strong demand for credit in the economy. The Fed's attempts to cool the economy
Finance
The company stated that the share of the Russian market from the total revenue for the year is only 2% or $500 thousand. Earlier the company wanted to keep an office in the Russian Federation, however, apparently, reputational risks became the prevailing factor.
Finance
Chinese officials say the number of new local cases of COVID is skyrocketing. China still has a zero-tolerance policy for COVID, which could have a negative impact on the country's economy. China's GDP and consumer demand data are already upsetting.
Finance
The Ministry of Finance should submit a draft law on the new voluntary funded pension system to the government by December 30 this year. The document provides the principle of voluntariness and tax benefits, as well as the transfer of pension savings frozen since 2014 to citizens. According to Aksakov,