Ant Group Reportedly Plans to Purchase MultiSafepay
The media reports that the Chinese Ant Group is currently preparing to implement its intention to acquire the Dutch payment company MultiSafepay.
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Investment Trends 2024
2024 may be a challenging year for investors. Although inflation growth has started to slow down, it is still high enough to impede global economies, businesses, and investing capabilities. Therefore, investors should look for market trends that can help them generate positive returns.
Foxconn Expects Decline in Sales
Foxconn warned of a fourth consecutive decline in quarterly sales.
Exploring LLaMa-Based Solutions For Business Automation And Efficiency
Businesses constantly look for ways to streamline processes, cut costs, and increase productivity. LLaMa (Large Language Model Meta) is an emerging technology trend that has caught the attention of many industries due to its promise of automating tedious tasks with minimal coding knowledge required. This article will explore why LLaMa could be the key to […]
BOJ Watchers Shift Hike Forecasts
The number of watchers of the Bank of Japan is increasing, who are changing their forecasts regarding the termination of the policy of negative interest rates.
India’s Digital Currency Transactions Top One Million Daily
In India, in December, local financial institutions paid some benefits to their employees in digital rupees.
Jeff Bezos Invests in Startup Perplexity
Jeff Bezos, the founder of Amazon, became one of the sponsors of the company, which is not yet two years old.
Joe Biden Administration Announces $162 Million to Expand Computer Chip Factories in US
The administration of the President of the United States Joe Biden is allocating $162 million in funding to Microchip Technology as part of support for the homegrown production of computer chips.
Chinese Shadow Bank Zhongzhi Files for Bankruptcy
The Chinese shadow banking giant Zhongzhi Enterprise Group Co. has filed for bankruptcy.
Adyen and Straumur to Enhance Payment Processing in Iceland
Adyen, a global financial platform based in the Netherlands, announced the beginning of cooperation with the Icelandic firm Straumur, which is a subsidiary of Kvika.
OpenAI Reportedly to Launch Online Store Next Week
The media reports that OpenAI, which has developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, will launch its online store next week.
Global Startup Funding Decreases 38% in 2023
Global startup funding declined to the lows last seen in 2018, illustrating a 38% drop year-on-year.
Central Bank of Nigeria Launches Naira-Pegged Stablecoin Pilot
The Central Bank of Nigeria (CBN) approves the Africa Stablecoin Consortium (ASC) to pilot cNGN (a stablecoin pegged to the value of Nigerian Naira) in its innovative Regulatory Sandbox.
Spain’s Central Bank Chooses Partners for CBDC Project
Cecabank, Abanca and Adhara Blockchain will experiment with central bank digital currency (CBDC), testing different use cases within the pilot of the wholesale CBDC by Spain’s central bank (Banco de España).
Qualcomm Announces New Chip for Mixed Reality
Qualcomm Inc., the largest manufacturer of processors for mobile phones, has announced a new Snapdragon XR2+ chip, designed for virtual and mixed-reality headsets.
PRIME Africa Provides Access to Improved Financial Services for Moroccan Migrants
To improve financial services for Moroccans, a new partnership has been launched between the United Nations International Fund for Agricultural Development (IFAD) and international money transfer operator, Moneytrans, which is part of the Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa) project.
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