All materials - page 148

News

Saudi Fintech Company Rasan to Sell 30% Stake in Riyadh IPO

Fintech company Rasan, which is based in Saudi Arabia, intends to sell 30% of its stake during the initial public offering (IPO) of shares in Riyadh.

News

Citi’s Chief Digital Officer Says About Significance of Mobile and Virtual Platforms

Michael Naggar, Citi’s director of digital technologies in the area of personal banking services in the United States, during a conversation with media representatives, shared his opinion on what it means to implement the digitalization process in the banking sector.

Articles

Saudi Arabian Startups to Watch in 2024

As we progress into the digital age, the startup ecosystem in Saudi Arabia is undergoing a swift and remarkable transformation. The year 2024 stands out as a particularly noteworthy period in this evolving landscape due to the emergence of an array of innovative companies that span a variety of sectors.

Articles

Is FXIFY a Scam? Addressing Your Concerns

Online trading and the feeling of skepticism are often close at hand. This is especially true when it comes to prop firms like FXIFY and the wide range of options available. It is natural for you as a trader to be cautious and inquire about the legitimacy of their chosen platform. In the case of […]

Science & Technology

Warren Buffett Warns of AI Use by Scammers

Warren Buffett, CEO of the Berkshire Hathaway holding company, compared the process of developing artificial intelligence to designing an atomic bomb.

News

Foxconn Posts Record April Sales

The Taiwanese company Foxconn, which is the world’s largest electronics manufacturer and assembler of Apple’s iPhone smartphones, on Sunday, May 5, released information about its record sales results for April of the current year and confirmed expectations for revenue growth for the second quarter of 2024.

News

SMB Survey Indicates Financial Resilience

An optimistic indicator amidst inflation and economic volatility is that small business (SMB) owners are confident about their businesses’ resilience, even as economic challenges remain pressing.

News

GenAI Is Strategic Priority for 66% of Asset Managers

Boston Consulting Group’s report shows that 72% of asset managers consider GenAI to have a significant or transformative impact on the industry, but only 16% have fully defined an implementation strategy.

Blockchain & Crypto

BitPay Report Reveals Increased Crypto Consumer Spending

“The 2024 BitPay Spending Report” showed 20% growth in crypto payments from January to March 2024, with certain sectors showing more impressive results.

News

BlueSnap Reaches $10 Million Settlement With FTC

BlueSnap and its former CEO settled with the Federal Trade Commission (FTC) for knowingly processing payment transactions for deceptive and fraudulent companies.

Blockchain & Crypto

Vodafone Looks to Link SIM Cards to Blockchain

Telecom provider Vodafone plans to integrate blockchain technology and cryptocurrency wallets into smartphone SIM cards.

Finance & Economics

Zopa Bank Reports £4 Billion in Customer Deposits

Zopa Bank has announced that it has managed to amass customer deposits of 4 billion pounds.

Science & Technology

Microsoft Bans Police Departments From Using AI Service for Facial Recognition

Microsoft has banned police departments from using its Azure OpenAI service for facial recognition.

Finance & Economics

JPMorgan Unveils IndexGPT

JPMorgan Chase & Co. presented IndexGPT.

Finance & Economics

April US Job Growth Totals 175,000

The United States economy added fewer jobs in April than initially expected.

News

Rue21 Files for Bankruptcy

The Rue21 mall staple, which specializes in activities for the sale of clothing for teenagers, will stop its business in the coming weeks and close all its 540 stores.