LA Private

July 11, 2023

Threads: The fastest-growing app in history with over 100 million users in just five days

Meta’s new Threads platform has achieved a remarkable milestone by attracting more than 100 million users in less than five days since its launch. This makes Threads the fastest-growing online platform in history, surpassing the previous record held by OpenAI’s ChatGPT, which took two months to reach 100 million users. The impressive feat was revealed […]

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Weekly Australian Interest Rate Review – 3 July to 7 July 2023

The release of the US Federal Reserve’s minutes from the Federal Open Market Committee (FOMC) meeting drew significant attention during the week. While no changes were announced, one particular statement stood out: “Almost all participants noted that in their economic projections that they judged that additional increases in the target federal funds rate during 2023

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Andrew “Twiggy” Forrest establishes battery hub in US

Mining tycoon Andrew Forrest is making strides in establishing a battery manufacturing hub in the United States, aligning with Fortescue Future Industries’ strategic vision to leverage President Joe Biden’s $550 billion Inflation Reduction Act. Forrest’s plans include expanding UK-based engineering firm WAE, which he acquired last year, into a comprehensive operation spanning three sites in

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