👀 The Week At A Glance
This week we talked about an AI for finance, how the FMCG space is being overrun by big companies, and how we shouldn't believe everything we read.
We discussed a lot of interesting topics this week from potential acquisitions, scams, China's plan to replace the dollar, and much more. Catch up with all of this quickly!
😲 Finally, An AI for Finance!
ChatGPT has taken the world by storm. After all, generative AI makes work so much easier. But so far, most generative AIs weren't capable of handling finance stuff. Bloomberg has changed this, it has created a specialised generative AI for finance: BloombergGPT. What can it do? ReadOn to find out!
😱 China's Plan to Replace the Dollar!
China is buying LNG in yuan. And while this seems like a small development, it is just one step in China's strategic plan to replace the dollar. What is this plan? ReadOn!
🛍️ A-Jio: The New Jio for Fashion?
Reliance Retail wants to make fashion more accessible and affordable. So, it is launching a new platform under Ajio, which will offer affordable accessories and charge no commission from sellers. But this could cause troubles for Meesho. Here's how.
🤔 Forget Victoria's Secret, What's Ching's Secret?
Nestle, Tata, HUL and a lot of other FMCGs want Capital Foods: the parent entity of Ching's Secret. But what do all these companies see in Capital Foods? And why is Capital Foods selling out? ReadOn!
🔍 SEBI v/s Arshad Warsi: Was the SEBI Wrong?
Last month Arshad Warsi made a lot of headlines for allegedly being involved in a pump and dump stock manipulation scheme. But turns out the SEBI may be wrong. Turns out, he could be innocent. Here's how.
😱 Bengaluru Rent Sky High: Why?
Bengaluru rent has almost doubled in just 3 months! And now Bengaluru landlords are asking for tenants' LinkedIn profiles and CVs to select the best ones. What's going on in the city? ReadOn!
Let us know which piece was your favourite.😍
With love,
Team ReadOn ❤️
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