AI Share in U.S. VC Funding Surges
AI funding surges in 2024, as U.S. investors are seeking opportunities to invest in this rapidly growing but still emerging technology.
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Global Public Debt to Surpass $100T in 2024
The IMF reports that global public debt is projected to exceed $100 trillion by the end of 2024, largely driven by rising fiscal deficits in the United States and China.
How to Avoid Startup Failure in Fintech
The fintech segment has one of the highest rates of startup failures, making it one of the high-growth but high-risk industries. Is it possible to improve the statistics if only a little bit? Here we are to analyse that.
Intel Invests $300 Million in China
Intel has announced its intention to expand its chip packaging and testing base in Chengdu, a city located in the southwestern part of China and the capital of Sichuan province.
Hong Kong Unveils Rules for Responsible AI Use
The Hong Kong government has unveiled its first guidelines on the practice of responsible use of artificial intelligence and embraced blockchain, as local regulators seek to stay ahead of the pace of the technological revolution, which is likely to disrupt financial services.
Global Economy to Maintain Stable Growth of 3.2% in 2025
The global economy is expected to perform in a “stable yet underwhelming” manner in 2024 and 2025, showing a steady growth rate of 3.2%, according to the IMF forecast.
U.S. Dollar Dominates SWIFT Payments
In August 2024, the dollar accounted for almost half (49.1%) of payments handled by the global payment network SWIFT, with no other currency presenting solid competition to the dollar’s role in international payments.
Why Are Crypto Payments So Rare in E-Commerce?
Statistics say private cryptocurrencies and stablecoins were used for less than 0.2% of global e-commerce transaction value in 2022. At the same time, global cryptocurrency ownership rates have been steadily increasing for the past few years. Besides, the growing number of merchants are adding crypto to acceptable payment methods. Something just doesn’t add up. What […]
Getnet Launches Single Entry Point for Payments in Latin America
Getnet has launched a regional e-commerce solution that provides a single entry point (SEP) for payment transactions in countries such as Chile, Brazil, Mexico, and Argentina.
Osigu Raises $25 Million for Healthcare Platform
Osigu has announced the first closing of a Series B funding round in the amount of $25 million.
Perplexity AI Says Its Search Engine Serves 100 Million Queries Per Week
Perplexity AI chief executive officer Aravind Srinivas on Friday, October 25, said that this artificial intelligence search company serves more than 100 million queries weekly.
Apple Reportedly Tests Blood-Sugar App
The media reports that Apple this year tested an app with which people with prediabetes will be able to control the process of food intake and change their lifestyle.
US Consumer Sentiment Demonstrates Improvement
In October, local consumer sentiment in the United States showed an increase, reaching a mark that corresponds to a six-month high.
Morgan Stanley Lowers Climate Target
Morgan Stanley lowered its expectations for cutting emissions in its corporate lending portfolio.
Comparing Terms Deposits: Using Interest Calculators to Find the Best Rates
Term deposits are one of the best ways to grow your savings. Otherwise called fixed deposits, you can earn interest by depositing a lump sum for a fixed time. Nowadays, many banks and other financial institutions also offer term deposits with varying rates, which can be pretty overwhelming if you’re unfamiliar with it. Worry no […]
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