Facebook, YouTube, and TikTok to Hit 5.9bn Users in 2020, a 900 Million Increase YoY
The year 2020 has witnessed a surge in the number of social media users, with millions of people spending more time indoors and online amid…
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Author : Jastra Kranjec
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Last Updated: October 27th, 2020
UK Imposed €132.7 Million of GDPR Fines, more than Germany and Italy Combined
The General Data Protection Regulation (GDPR) continues causing hefty fines and penalties for businesses and organizations across European countries even two years after coming into…
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Fintech Loans Grow 9.1% YoY in 2020, Entire Industry to Touch $335bn Value Next Year
Although traditional banks and credit suppliers still hold the largest market share for consumer and business loans, recent years have witnessed considerable demand for fintech…
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French Banks Hit the Leading Position in Europe with Over $410bn in Aggregate Tier 1 Capital
Many bank stress tests use Tier 1 capital as a starting measure to evaluate the bank’s liquidity and ability to overcome a challenging economic scenario….
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Healthcare Startups Raised $111.4bn in Total Funding, a 34% Jump Year-on-Year
The coronavirus pandemic put enormous pressure on the healthcare industry, forcing pharmaceutical giants and institutions to roll out clinical trials for a COVID-19 vaccine at…
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Three Largest Deals on London Stock Exchange in the First Half of 2020 Worth £25.1bn
Despite remaining a dominant player in the market, the London Stock Exchange has suffered a significant hit in the first half of 2020. Between January…
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UK Businesses Borrow £52.6bn to Survive the COVID-19 Crisis
The devastating COVID-19 crisis caused a massive financial hit to businesses in the United Kingdom, confronting them with substantial revenue and cash flow losses. Many…
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European Digital Payments to Jump Over $1trn Value by 2022
The surge in the number of mobile phone users and eCommerce’s rise led to the rapid adoption of digital payments worldwide. European countries are no…
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Tether Hit Over $1trn in Monthly Trading Volume, 49% More than Bitcoin
The increasing number of investors choosing digital coins as an inflation hedge amid the coronavirus outbreak has led to new records in cryptocurrency trading volume….
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Market Cap of the World`s Five Largest Automobile Manufacturers Plunged by $63bn in 2020
The COVID-19 pandemic has had a severe impact on the global automotive industry, causing supply chain disruptions and factory closures. All of this placed intense…
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