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News

Robinhood Reaches Agreement with U.S. Marshal Service to Repurchase Shares from Emergent Fidelity Technologies

Virtual brokerage company Robinhood has reached an agreement with the U.S. Marshal Service (USMS) to buy back shares of Sam Bankman-Fried’s Emergent Fidelity Technologies.

Blockchain & Crypto

Ripple Plans to Block SEC from Appealing Recent Crypto Court Ruling

Ripple plans to thwart attempts by the U.S. Securities and Exchange Commission (SEC) to appeal the landmark decision of the crypto court.

News

London Stock Exchange Considers Entering Blockchain Market

One of the oldest stock exchanges in the world, based in London, will reportedly use a separate entity for its planned blockchain-based markets business

News

Apollo Global Management Reportedly Doubts in Investment in Brand Aggregator Perch

The media reported that the private company Apollo Global Management is currently reviewing its investment in the brand aggregator Amazon Perch.

Science & Technology

IBM and Salesforce Cooperate to Help Clients Adopt AI

IBM and Salesforce announced the beginning of a partnership in which these companies will assist businesses in the process of implementing artificial intelligence in the segments of activities related to customer interaction.

News

Japanese Startup Rapidus to Challenge Taiwan Semiconductor Manufacturing

Japanese startup Rapidus, which receives support from the government of this country, announced the hiring of more than 200 people as part of efforts to create an ultra-modern chip manufacturing plant by 2027.

News

Intel CEO Says About Good Prospects of Company

Intel Corporation Chief Executive Officer Pat Gelsinger said that the company is currently on track to achieve indicators that are in line with forecasts for the third quarter.

News

Klarna Reports Earnings Results for First Half of 2023

Klarna has released the financial results of its operations for the first six months of 2023, which testified to the positive dynamics of the second quarter, which exceeded initial expectations.

News

Bumble CEO Says AI to Help Establish Meaningful Connections

Whitney Wolfe Herd, founder, and CEO of the dating app Bumble, is convinced that artificial intelligence can become a kind of means to combat the epidemic of loneliness in the United States, noting that the new generation of technology has the potential for a profound transformation of the dating industry.

Finance & Economics

Barclays Reportedly Invests in Promotion on Private Credit Market

The media reported that Barclays Plc, a structure that includes a multinational investment bank and a financial services company, decided to strengthen its position in the private loan market by allocating money from its balance sheet to implement the corresponding efforts.

News

French Regulator Searches Worldcoin Paris Office

The French data regulator CNIL this week conducted searches at the regional Worldcoin office, which is located in Paris.

Science & Technology

UAE Launches Bilingual AI Model

Inception, a subsidiary of Abu Dhabi-based G42 firm specializing in machine intelligence, the California-based Cerebras research company, and the Mohammed bin Zayed University of Artificial Intelligence (MBZUAI) have developed a large language model called Jais.

Finance & Economics

13th Africa Bank 4.0 Summit—West Africa: Scaling Digitally Upwards for a Financially Inclusive Future

13th Africa Bank 4.0 Summit—West Africa (ICPS – Presenting Partner) is scheduled to be hosted from the 10th to 12th of October 2023, at the EKO Hotels and Suites, Lagos, Nigeria.

News

X Now Has Seven State Licenses For Payments Including Crypto

X, former Twitter, platform is on its way to transforming social media into a financial super app. With the latest license approved in Rhode Island, X can provide financial services in seven US states

Articles

Where Fintech and Sustainable Fashion Collide: How Financial Technology Can Help You Tame Your Consumerism

Fashion is the opposite of sustainability. Trends come and go every season, asking for a total wardrobe revamp. Most fashionistas are also shopaholics, driving the surge in both clothing sales and resources used for its production. These stereotypes have formed over many decades, but it’s time for them to become relics. New generations are calling […]

News

Microsoft Splits Teams from Office in EU

Microsoft will give its European business customers the opportunity to buy the Teams video and chat app separately from the Office software.