Startup Riverlane Raises $75 Million
The startup Riverlane, which specializes in the development of semiconductors to reduce errors in quantum computing, announced that it managed to raise $75 million in the latest funding round.
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SK Hynix Wins US Grants
South Korean SK Hynix Inc. is set to receive initial grants for $ 450 million and loans for $500 million for the implementation of a project to build an advanced chip packaging plant and a research facility in the US state of Indiana.
Neobank Monzo Customer Base Exceeds 10 Million
Digital bank Monzo, which is based in the United Kingdom, reported that the number of its customer base exceeded the 10 million mark.
Morningstar DBRS Says About Self-Fulfilling Prophecy on Market
Morningstar DBRS analysts warn that a prolonged downturn in the market after a global sell-off could become what they called a self-fulfilling prophecy.
Japanese Stocks Rebound From Crash
On Tuesday, August 6, in Japan, local stock indexes showed significant growth, partially offsetting the drop a day earlier that became a historical negative record.
Revolutionizing Consumer Experience, Arizona’s Fintech Innovations
Arizona is at the forefront of fintech innovation, transforming the way consumers interact with financial technologies. With substantial investments, cutting-edge developments, and practical applications, Arizona’s fintech advancements are enhancing consumer experiences across various sectors.
What Are the Legal Consequences of Texting While Driving in Los Angeles?
Texting while driving is a significant problem in LA. It leads to a lot of accidents and even deaths every year. Despite widespread awareness campaigns, many drivers continue to engage in this dangerous behavior.
What Are The 3 Main Advantages Of Using Firewalls?
In today’s digital landscape, implementing a comprehensive cybersecurity strategy is crucial for organizations of all sizes to protect their networks and sensitive data from the ever-increasing threat of cyber attacks. Firewalls play a vital role in this strategy, serving as the first line of defense against malicious traffic and unauthorized access attempts. As a leading […]
What various services are offered by eSIM providers in Germany?
Have you ever wondered what services eSIM providers offer? eSIM technology makes staying connected easy. This article explores the services of eSIM companies in Germany.
Lloyds Hires AWS Exec to Lead AI and Analytics Division
Rohit Dhawan was appointed by Lloyds Banking Group as Director of AI (artificial intelligence) at the Group’s new AI Centre of Excellence, bringing together experts in Data Science, Behavioral Science, ML Engineering, Advanced Analytics and AI Ethics.
Next Generation Revives Euro Stablecoin With Decta
French startup Next Generation partners with an Irish financial institution Decta to restore the euro-pegged stablecoin, EURT, project after a seven-year suspension.
AI Chip Startup Groq Reaches $2.8 Billion Valuation
Startup Groq Inc., which operates in the artificial intelligence industry, raised investment funds for $640 million.
UBS Says About Current Condition of Japanese Market
Kelvin Tay, regional chief investment officer at UBS Global Wealth Management, said during a conversation with media representatives that currently going into the Japanese market in terms of symbolic comparison with other actions is similar to catching a falling knife.
How Stock Market Indexes are Calculated: The Methodologies Explained
Stock Market is not only about transactions of stocks and funds. Every investor needs to familiarise themselves with the various notions and facets of this substantial concept of trading.
Japanese Stocks Demonstrate Rapid Fall
On Monday, August 5, Japanese stock indexes showed a drop in price of such a scale that corresponds to the concept of historical losses and does not belong to the category of moderate decline, which is not critical.
Societe Generale Sells UK and Swiss Private Banking Units to Refocus
French banking group Societe Generale has agreed to sell its British and Swiss private banking divisions to Union Bancaire Privée for an estimated price of €900M to achieve “a streamlined, more synergetic and efficient business model”
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