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Fintech & Ecommerce

Amazon’s Secret ‘Project Nessie’ Algorithm Used to Drive Prices According to FTC

The media reports that the Federal Trade Commission (FTC) accuses Amazon of using a secret algorithm codenamed Project Nessie, which is applied to check the boundaries of price increases and is a guarantee that competitors will comply with pre-determined product cost limits.

News

UBank and Aeropay to Provide Financial Services for Gaming Industry

The financial institution UBank, which is based in Texas and focuses on the community, and Aeropay, a payment technology company, announced the conclusion of a strategic cooperation agreement.

News

Stampli Raises $61 Million to Expand Its AI-Powered Accounts Payable Offering

Stampli announced that it managed to raise investment funds in the amount of $61 million.

News

Citi Launches BNPL Option for Costco Anywhere Visa Cardmembers

Citi announced that Visa Costco Anywhere cardholders now have access to the Citi Flex Pay Buy Now, Pay Later (BNPL) option.

Finance & Economics

A Deep Dive into the Dow: Understanding the Giants of the US Stock Market

The towering skyscrapers of Wall Street have been the pillars of global finance for decades. Whether one is an astute investor or just an ordinary citizen, the fluctuations of the US stock market, particularly those of the Dow Jones Industrial Average (DJI), are bound to leave a mark on one’s life.

Society & Lifestyle

Craps 101: Understanding the Differences Between Offline and Online Play

Craps, a lively and captivating dice game, has long held a prominent spot in the world of gambling—both in land-based casinos and, more recently, in the digital realm.

Science & Technology

Airbnb CEO Says About Potential of AI in Real Estate Sector

Airbnb CEO Brian Chesky, during a conversation with media representatives, said that artificial intelligence can help the company he heads to find the best deals.

Science & Technology

Microsoft CEO Characterizes Google’s Dominance in Search as Its Advantage in Area of AI

Microsoft CEO Satya Nadella said that Google is likely to strengthen its dominance in the Internet search space as a result of using a new generation of tools based on artificial intelligence.

News

JPMorgan CEO Predicts Shorter Workweek Thanks to AI

JPMorgan CEO Jamie Dimon said that thousands of employees of this financial institution are already using artificial intelligence technologies.

News

Fall in Value of TSMC Shares Signals Difficult Times to Chip Sector

The Taiwan Semiconductor Manufacturing Company stock price index has shown a drop more significant than any other securities in Asia since mid-June, which is a reflection of investors’ preparation for a prolonged negative situation of slowing processes in the chip sector.

Fintech & Ecommerce

Visa to Invest in Generative AI Ventures

Visa has unveiled a plan to invest in companies that operate in the sphere of generative artificial intelligence.

News

Japan Provides Subsidies for Micron Plant

The Japanese government has decided to provide a subsidy of 192 billion yen (about $1.3 billion) for the building of a plant of the American company Micron Technology in Hiroshima.

Fintech & Ecommerce

Are We Paving The Way To Become A Cashless Society?

In recent years, there’s been a big change in how we deal with money. We’re shifting from using physical cash for transactions to embracing digital payments and cashless methods. Really and truly, people across the globe have been veering towards contactless payments for quite some time now.

Society & Lifestyle

FTC Strengthens Cooperation With Latin American Organizations

The Federal Trade Commission (FTC) announced the beginning of partnerships with consumer protection authorities from four Latin American countries, including Colombia, Mexico, Chile, and Peru.

News

TalkTalk Sells B2B Unit

The British company TalkTalk Telecom Group is currently selling its business-to-business unit to a specialized organization that is controlled by the main shareholders of these broadband Internet access providers.

News

Apple to Release Software Update for iPhone 15

Apple announced that software will be released to eliminate the disadvantage of smartphones of the new iPhone 15 line, which is that these devices overheat.