All materials - page 62

News

Databricks Reportedly Closes in on Multibillion Funding Round at $55 Billion Valuation

The media reported that Databricks, a San Francisco-based technology company that is one of the most valuable private firms of the corresponding category in the world, raises billions of dollars in cash and so far has not demonstrated any significant desire to go public as quickly as possible.

News

Fed Officials See Interest Rate Cuts Ahead

Federal Reserve officials are currently expressing confidence in a steady downward trajectory of inflation in the United States and that the US labor market remains strong.

News

Huawei Launches Mate 70 Series of Smartphones

Huawei on Tuesday, November 26, presented a series of Mate 70 smartphones that can run on the latest operating system developed by this company.

Science & Technology

WEX Launches AI-Powered Enhancements to Benefits Admin Tool

Commerce platform WEX has launched new artificial intelligence enhancements to its benefits administration offering.

Science & Technology

Boosted.ai Raises $15 Million

Boosted.ai raised $15 million worth of investment funds for its generative artificial intelligence tool for investment managers.

News

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border

Donald Trump, who won the United States presidential election this month, said he would impose additional tariffs of 10% on goods imported from China and 25% tariffs on products shipped from Mexico and Canada.

News

Revolut 2025 Vision Features AI Assistant, Mortgages, Branded ATMs, and More

Revolut unveiled its 2025 product roadmap which includes a smart in-app AI companion, digital mortgages, branded ATMs and a suite of business-oriented products.

Fintech & Ecommerce

Klarna Reports SEK 216 Million Profit, Opens Hub in Warsaw

Klarna sees its profits grow 57% YoY, as it establishes a tech hub in Warsaw and looks forward to a strong holiday season driven by tech innovations.

Finance & Economics

UniCredit Offers to Buy Banco BPM

On Monday, November 25, Italian UniCredit announced an unexpected 10 billion euros ($11 billion) bid for domestic peer Banco BPM.

Fintech & Ecommerce

Amazon Funds First Utility-Scale Wind Energy Projects in Greece

Amazon is developing three large wind farms in Greece, its biggest renewable energy initiative in the country.

News

Barclays Raises 2025 S&P 500 Index Forecast

On Monday, November 25, Barclays raised its forecast for the S&P 500 index from 6,500 to 6,600.

Fintech & Ecommerce

Mastercard Offers Immersive Shopping Experiences to Boost Canadian SMBs

Mastercard is launching a festive shopping initiative in Fort Langley, B.C., where immersive interactive experiences will amuse customers and support local small businesses (SMBs).

News

ZA Bank Launches Retail Crypto Services

Hong Kong’s ZA Bank enables retail cryptocurrency trading directly within its app.

News

Lenovo Adds Klarna’s Flexible Payment Methods in Europe

Global technology company Lenovo offers shoppers in 15 European countries the opportunity to use flexible payment methods from fintech firm Klarna.

Science & Technology

Indonesia Reportedly Wants Apple to Increase Investments in Country

Indonesian state media reported that the government of that country currently expects Apple to increase local investment.

Fintech & Ecommerce

Intuit Adds AI-Powered Financial Assistant to QuickBooks

Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.