All materials - page 52

Fintech & Ecommerce

JPMorgan, Goldman Sachs Refuse to Roll Back Diversity Programs Despite Anti-DEI Activist Pressure

Despite increasing pressure from anti-DEI activists fueled by recent political shifts, several financial institutions, including Goldman Sachs and JPMorgan Chase, have chosen to maintain or even strengthen their DEI programs.

News

US to Form National Digital Asset Stockpile

The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.

Finance & Economics

Citi Says Asian Tech Fundraising to Increase in 2025

Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.

News

SK Hynix Reports Earnings

South Korean company SK Hynix, one of the largest manufacturers of memory chips in the world, on Thursday, January 23, published information about its earnings for the fourth quarter of 2024.

News

Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil

More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.

Science & Technology

OpenAI Introduces Operator

OpenAI takes the functionality of its chatbot ChatGPT to a new level.

Science & Technology

Netflix Shares Hit Record

On Wednesday, January 22, the value of Netflix shares increased by 13%, reaching an all-time high after the streaming giant, betting heavily on sports, was able to add 18.9 million subscribers in the holiday quarter, reinforcing the already significant advantages of the brand over other industry players.

Fintech & Ecommerce

Ally Sells Credit Card Business to CardWorks

Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.

News

Capital One’s Card Purchase Volumes Demonstrate Growth

Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.

Science & Technology

Goldman Sachs Launches Internal Gen AI Assistant

Goldman Sachs has launched an AI-powered assistant for its employees to enhance wealth management services. The firm hopes this smart tool will absorb Goldman’s corporate culture over the coming years making its assistance akin to the one provided by the company’s seasoned banker.

News

Truecaller Expands on iOS

Truecaller brings its real-time caller ID and automated spam call blocking to iOS for the first time in a major update.

News

SoftBank, OpenAI, Oracle Launch $500B AI Infrastructure Project

Stargate Project, a new company supported by SoftBank, OpenAI, Oracle, and MGX, aims to invest $500 billion over the next four years to build robust AI infrastructure in the United States.

News

Oracle Launches AI Agents for Sales Professionals

Oracle on Tuesday, January 21, released a new set of artificial intelligence agents designed to help salespeople solve several tasks related to customer dealing.

Blockchain & Crypto

Binance CEO Says Bitcoin to Hit New All-Time High in 2025

Binance chief executive officer Richard Teng, during a conversation with media representatives at the World Economic Forum in Davos, Switzerland, said that in the current year, the crypto market will reach a new historic high amid positive regulatory changes in the United States after the inauguration of Donald Trump.

Blockchain & Crypto

Bank of America CEO Says Financial Industry to Jump Into Crypto Payments

Bank of America chief executive officer Brian Moynihan said on Tuesday, January 21, that the United States banking industry will embrace cryptocurrencies for payments if regulators allow appropriate action.

News

Donald Trump Announces $500 Billion AI Infrastructure Investment

OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.