SVB Financial Group and Creditors Plan to Found New Company
SVB Financial Group, the former parent company of Silicon Valley Bank, was able to make progress in its bankruptcy case by reaching an agreement with the main creditors.
SVB Financial Group, the former parent company of Silicon Valley Bank, was able to make progress in its bankruptcy case by reaching an agreement with the main creditors.
Luis de Guindos, Vice President of the European Central Bank, stated that the eurozone’s economic system may have experienced a downswing at the end of last year, and noted that difficulties in this area are likely to continue in 2024.
In the face of rising living costs and the diminishing purchasing power of the currency, investors often find themselves at a crossroads, contemplating the age-old question: Is gold the steadfast guardian against the erosive tide of inflation? This precious metal has captivated civilizations for millennia, not just for its luster but for its perceived ability […]
Taiwan Semiconductor Manufacturing Co. (TSMC) revenue for the fourth quarter of 2023 exceeded preliminary expectations, which provided for a decrease in this indicator.
Global chip sales figures show positive dynamic growth.
In China, local authorities have appealed to banks and insurance companies with a strong recommendation to inspect security systems, focusing in this case on issues such as data protection and anti-cybercrime tools.
Sustainability is a cornerstone of modern city development. While developed countries around the globe are pursuing net zero emission goals, developing nations in Africa are making efforts to implement sustainable solutions into their rapidly growing urban landscapes.
Microsoft Corporation uses artificial intelligence and powerful computers to help researchers accelerate their work on the discovery of new chemical compounds and materials having a large-scale sphere of application, including batteries and environmentally friendly paints.
The American chip manufacturer Nvidia intends to launch mass production of microcircuits with artificial intelligence for the Chinese market, developed following the current export rules of the United States, in the second quarter of this year.
Qashio and CredibleX have established cooperation within the framework of the Middle East and North Africa (MENA) Business Finance Initiative.
Mastercard has partnered with 4thWave, a provider of an innovative digital platform for finance and banking as a service (BaaS), to optimize business-to-business (B2B) payment flows.
The media reports that in Canada it is planned to start using artificial intelligence as a tool to combat money laundering.
Samsung Electronics Co. recorded a decline in operating profit for the sixth consecutive quarter.
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Volkswagen plans to add a popular AI-powered chatbot ChatGPT function into all its car and SUV models equipped with IDA voice assistant.
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