Huawei Makes Progress in Its Recovery
Huawei is currently going through one of the most iconic and remarkable periods not only in its history but also in the history of the high-tech industry.
News - page 100
Pismo Activates Ledger Update
Pismo, a global cloud-native provider of core banking services and bank card processing, has announced that a significant upgrade has been made to its authorization engine.
China Considers Countermeasures After US Intention to Curb Outbound Tech Investment
The Chinese Ministry of Commerce made harsh statements to the United States after it became known that Washington plans to impose restrictions on investments in the high-tech sector intended for Beijing.
ByteDance & Broadcom Work on Advanced AI Chip
TikTok parent company, ByteDance, has partnered with American semiconductor and software provider Broadcom to develop a high-end AI chip, addressing the issues with U.S. export control.
Verituity Raises $18.8 Million
Verituity raised $18.8 million to support the growth of its B2B and B2C verified payments platform.
German Business Expectations Fall
Germany’s business outlook showed a deterioration for the first time in five months, a sign that Europe’s largest economic system is facing various difficulties and obstacles on its way to recovery.
Apple and Meta Reportedly Discuss AI Collaboration
The media reported that Apple held talks with Meta on the issue of cooperation in the area of artificial intelligence.
Quant Mutual Fund Faces SEBI Front-Running Probe
India’s first dedicated, direct-to-investor mutual fund, Quant Mutual Fund, is being investigated by the Securities and Exchange Board of India (SEBI) over alleged front-running practices.
OpenAI Buys Enterprise Startup
OpenAI has bought Rockset, a startup that specializes in enterprise search and analytics.
Apple’s AI Push Faces Challenges in China
Apple’s large-scale artificial intelligence push project is facing serious challenges in China, as the authorities of this Asian country adhere to very strict rules regarding the development and distribution of AI.
Bank of England Keeps Interest Rates at 5.25%
Last Thursday, June 20, the Bank of England, during its regular meeting, decided to keep interest rates at 5.25%.
SoftBank CEO Predicts AI to Surpass Significantly Human Mind in 10 Years
SoftBank CEO Masayoshi Son on Friday, June 21, during a rare public appearance, said that artificial intelligence, which in terms of cognitive abilities is 10,000 times greater than the capabilities of the human mind, will emerge, in his opinion, in 10 years.
Indian Startup Zepto Targets IPO
The Indian startup Zepto, which specializes in carrying out activities to provide grocery delivery services to consumers, is currently preparing to go public.
Fintech Company Pine Labs Reportedly Weighs $1 Billion IPO in India
Pine Labs Pvt, the Asian digital payment provider backed by Peak XV Partners and Mastercard Inc., is currently considering raising about $1 billion in investment funds during an initial public offering (IPO) of shares in India.
SumUp Partners Adyen to Speed Up Payouts for Global SMEs
SumUp and Adyen established a strategic partnership to provide small and micro merchants in Europe and the UK with faster access to their money and full control over their finances.
Target to Roll Out AI Chatbots in US Stores This Summer
American retail giant Target aims to facilitate internal operations in nearly 2,000 stores across the United States with a handy AI assistant called “Store Companion”.
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