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Science & Technology

Microsoft Revenues Rise 18%, but Investors Unimpressed With AI Operations Boost

Tech giant Microsoft has announced positive quarterly financial results, but coupled with Alphabet’s earnings data, the numbers left investors unimpressed and wiped off $190B in market value for AI-related companies.

News

German Prices Ease More Than Expected

At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.

News

Probability of Interest Rate Cut by Bank of England Grows

The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.

Blockchain & Crypto

Visa and Transak to Enable Crypto-to-Fiat Withdrawals

Cooperation between the Visa payment network and Web3 infrastructure provider Transak will facilitate crypto-to-fiat withdrawals without centralised exchanges involved.

Events

11th Edition Connected Banking Summit – East Africa Innovation & Excellence Awards 2024

Crafting the Future of Banking with Inclusion & Digital Evolution The 11th Edition of the Connected Banking Summit– East Africa in Nairobi, Kenya, on March 6th, 2024, is set to bring together global executives, experts, and leaders. Get ready for a gathering of minds in the banking industry!

Science & Technology

India Cuts Tariffs to Entice iPhone Manufacturing

The Indian leadership has decided to reduce taxes on the import of several components for mobile devices.

Science & Technology

Samsung Electronics Posts Drop in Operating Profit

Samsung Electronics on Wednesday, January 31, published data according to which the company’s operating profit for the fourth quarter of last year showed a decline of 34.57% compared to the result for the same period in 2022.

News

Germany to Back EU AI Act

Germany intends to support the proposals of the European Union on the regulation of artificial intelligence after the Ministry of Transport and Digital Affairs abandoned its position of disagreement with the Law of this bloc of countries on AI.

Science & Technology

Nvidia Joins Funding for AI Chatbot Maker Kore.ai

Nvidia Corp. joined the $150 million capital infusion into the chatbot creator Kore.ai.

Articles

End-to-End Encryption: Safeguarding Data Integrity in Cloud Storage

In the age when remote work becomes increasingly common, document and data storage protection comes to the foreground. Secure cloud storage is a key element of a digital workspace and a prerequisite of successful teamwork when it comes to hybrid workforce.

Finance & Economics

IMF Lifts World Economic Outlook

The International Monetary Fund (IMF) has improved its forecast for global economic growth in 2024.

Articles

How to Avoid Data Protection Fines in 2024: A GDPR-Centric Approach

In today’s digitally-driven world, particularly as we navigate through 2024, the significance of data protection is at an all-time high. With the enforcement of strict regulations like the General Data Protection Regulation (GDPR) in Europe, and similar legislations globally, businesses of all sizes are facing increased pressure to comply. Failing to do so can result in […]

Articles

Unlocking Financial Freedom: A Beginner’s Odyssey into Personal Finance

Welcome aboard “Unlocking Financial Freedom: A Beginner’s Odyssey into Personal Finance.” Prepare to embark on an exciting voyage as we unravel the intricacies of personal finance and chart a course toward financial prosperity.

Fintech & Ecommerce

BlueLayer Works on Operating System for Carbon Project Developers

BlueLayer is currently working on creating a software platform designed to be used by developers of carbon projects.

News

AI Chip Startup Rebellions Secures $124 Million

The South Korean startup Rebellions Inc. announced that it managed to raise $124 million in financing from investors, including KT Corp., to accelerate work on the development of a new generation artificial intelligence chip, which is a kind of example of the growing interest in hardware that drives AI.

News

Amazon to Offer BNPL in Mexico

Amazon.com Inc. has started working with Mexican fintech company Kueski, which specializes in the providing of Buy Now, Pay Later (BNPL) service and personal loans, to offer consumers the opportunity to make payment transactions in installments every two weeks in the space of Latin America’s second-largest economy.