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Meta Disputes $400M Fine over Personalised Ads
Science & Technology

Meta Disputes $400M Fine over Personalised Ads

Ireland’s Data Protection Commission imposed a $414 million fine on Meta for using its contracts with Facebook and Instagram users to send them ads based on their online activity, without explicit consent

Amazon Job Cuts Will Affect over 18,000 Employees
Finance & Economics

Amazon Job Cuts Will Affect over 18,000 Employees

Amazon layoffs exceed earlier projections. The job cuts would represent over 5% of the company’s corporate workforce and continue over the coming weeks

CaixaBank to Explore AI Use for Cybersecurity
Science & Technology

CaixaBank to Explore AI Use for Cybersecurity

CaixaBank participates in the European research consortium along with eleven international entities to improve cybersecurity by leveraging AI and big data

Indonesia to Create a National Crypto Exchange in 2023
Blockchain & Crypto

Indonesia to Create a National Crypto Exchange in 2023

Indonesia makes moves to reform national regulation of the crypto industry, aims to create a crypto exchange this year

DNB Automates 50% of Chat Traffic with AI
Finance & Economics

DNB Automates 50% of Chat Traffic with AI

Since October 2018, DNB has implemented a conversational AI chat platform as the first-line customer support. As of now, the bot has interacted with over one million customers

Indian Bank Introduces QR Code Bill Payment System for CESC
News

Indian Bank Introduces QR Code Bill Payment System for CESC

The new bill payment system enables customers to pay by scanning the dynamic QR code linked to the unified payments interface (UPI)

FTX Ex-Chief Pleads Not Guilty
Finance & Economics

FTX Ex-Chief Pleads Not Guilty

Sam Bankman-Fried, the former head of the scandalous FTX crypto exchange, has pleaded not guilty to eight criminal charges regarding FTX bankruptcy

Shopify Introduces Commerce Components
Finance & Economics

Shopify Introduces Commerce Components

Commerce Components by Shopify is the suite of API tools for enterprise retail enabling global retailers to integrate components of Shopify with their own systems

UK Offers Tax Exemption for Foreign Crypto Investors
Blockchain & Crypto

UK Offers Tax Exemption for Foreign Crypto Investors

Starting Jan. 1 2023, foreign investors purchasing crypto through local UK investment managers or brokers are exempt from additional tax

Apple’s Market Cap Falls Below $2T as Deliveries Decline
Science & Technology

Apple’s Market Cap Falls Below $2T as Deliveries Decline

Apple’s shares fell over 3% during intraday trading on Tuesday, taking its market cap down to $1.98 trillion

IRS Seeks Partnership with Crypto Companies to Fight Crime
Blockchain & Crypto

IRS Seeks Partnership with Crypto Companies to Fight Crime

Top Internal Revenue Service (IRS) law enforcer said the tax-collection agency wants to cooperate with the digital assets industry to fight crypto-related crime

Report Reveals Banking Trends to Watch in 2023
Reports

Report Reveals Banking Trends to Watch in 2023

Insider Intelligence highlighted four main banking trends that will emerge in 2023 to help customers weather the economic storms

Final Fantasy Creator Focuses on Blockchain Gaming
Blockchain & Crypto

Final Fantasy Creator Focuses on Blockchain Gaming

Final Fantasy creator Square Enix aims to double its investments in blockchain gaming development, despite the decline of the overall crypto market

Ethereum vs Bitcoin: Which Crypto was More Popular in 2022?
News

Ethereum vs Bitcoin: Which Crypto was More Popular in 2022?

Total transactions on the Ethereum network outstripped Bitcoin more than fourfold, although Bitcoin remained the leader in online search interest

US Credit Card Transaction Volume Hit $3.09T in 2022: Insider Intelligence
Reports

US Credit Card Transaction Volume Hit $3.09T in 2022: Insider Intelligence

Insider Intelligence forecasts US credit card transaction volume to hit $3.089 trillion in 2022, shaped by a few dominant trends

Retailers Prepare to Close the Holiday Quarter: This Season was Different
Finance & Economics

Retailers Prepare to Close the Holiday Quarter: This Season was Different

As holiday shopping is coming to an end, the next few weeks would help determine the overall success of the 2022-2023 holiday quarter for retailers – so far, signals are mixed