All materials - page 51

News

Justt Raises $30 Million

Chargeback management company Justt raised a $30 million investment to bolster its platform powered by artificial intelligence.

News

Morgan Stanley Reportedly Predicts Favorable Environment for Lenders in 2025

The media published information according to which Morgan Stanley upgraded its rating and price targets for shares of several credit card companies and lenders.

News

Visa Acquires Featurespace to Boost Transaction Monitoring With AI

Visa has officially completed its acquisition of Featurespace, a company specialising in real-time artificial intelligence (AI) technology for payment protection, announced in September.

News

Bank of England Holds Rates

The Bank of England on Thursday, December 19, as part of its last monetary policy meeting this year, decided to keep interest rates at the same level.

News

Accenture Beats Quarterly Revenue

Accenture on Thursday, December 19, released a report on its earnings for the first quarter of fiscal 2025, which exceeded Wall Street’s preliminary expectations regarding this company’s revenue and profit for the mentioned period.

Science & Technology

China’s GenAI Sector Sees More Funding

The Chinese generative artificial intelligence sector received more funding this year, but at the same time recorded a decrease in the number of deals.

Fintech & Ecommerce

Hong Kong Picks Several Banks and Tech Firms to Test GenAI in Financial Sector

The Hong Kong Monetary Authority (HKMA) has picked ten banks and four technology partners to participate in a project to test several use cases for generative artificial intelligence in the financial services sector.

Science & Technology

US Finalizes $458 Million Award to SK Hynix

The United States Commerce Department on Thursday, December 19, finalized an award for South Korean semiconductor manufacturer SK Hynix in the form of government grants worth up to $458 million.

News

Losses From Crypto Hacks Jump to $2.2 Billion in 2024

In the current year, the total amount of funds stolen as a result of hacker attacks on cryptocurrency platforms reached $2.2 billion.

News

Micron Shares Fall

The value of Micron Technology shares fell by about 12% on premarket trading on Thursday, December 19, as this chip manufacturer published disappointing earnings guidance for the second quarter of fiscal 2025, indicating sluggish consumer demand for personal computers and smartphones, despite strong sales growth of microcircuits used for the operation of artificial intelligence systems.

Blockchain & Crypto

What is Slippage in Crypto?

Slippage in cryptocurrency trading represents the often significant disparity between what traders expect to pay for a transaction and the actual executed price. This phenomenon can be likened to the common online shopping experience where the price of an item changes between adding it to your cart and completing the purchase – except in crypto […]

Society & Lifestyle

How Social Media Algorithms are Shaping Perfume Buying Decisions

In today’s digital age, social media plays an integral role in shaping how we make purchasing decisions. From fashion trends to skin care products, platforms like Instagram, TikTok, and Facebook influence our buying habits more than ever. This impact extends to the perfume industry, where social media algorithms shape the way we discover, perceive, and […]

News

Indian Startups Raise 6% More This Year, With Funding Rounds Getting Scarcer

In 2024, Indian startups experienced a 32% decline in funding rounds compared to the previous year, although the aggregate funding amount itself grew by 6%.

News

Rogbid Introduces First Smart Ring With Interactive Display

Smartwatch brand Rogbid presented the innovative smart ring model with an OLED touch display, which is the first product of this kind on the market.

News

India’s GDP Growth Slumps to 5,4%

Indian economy is experiencing a noticeable decline, with economic growth falling to a seven-quarter low level.

Science & Technology

Kioxia’s Shares Increase in Debut

Kioxia’s shares soared 14% as part of their market debut on Wednesday, December 18.