Netflix Reduces Availability of Ad-Free Plan
Netflix announced a restriction on the availability of the cheapest monthly tariff plan, which provides for the absence of advertising.
News - page 104
Citi Rolls Out Working Capital Loans
Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.
Fed Fines Deutsche Bank
The Federal Reserve System fined Deutsche Bank $186 million.
Goldman Sachs Reports Drop in Profits
Goldman Sachs Group’s profit showed a sharp drop in the second quarter of this year.
Microsoft CEO Defends AI Pricetag
The CEO of Microsoft said that the decision of the technology giant to charge a fee of $30 per month for consumers’ access to artificial intelligence functions was fair and justified.
Societe Generale Unit Gets Crypto License
The blockchain unit of Societe Generale announced the receipt of a license, which was issued within the framework of the new cryptography rules in France.
Westpac Splits Consumer and Business Banking Unit
The combined Westpac business unit is going to be split into two, each with its own CEO
Meta and Microsoft Launch New AI LLM Llama 2
The new AI open-source large language model from Meta and Microsoft is trained on 40% more public data and can process twice as much context as Llama 1: can it compete with ChatGPT?
Softbank Invests in AI Company Tractable
Tractable, which has created computer vision and related artificial intelligence designed to remotely assess damage to property and vehicles, has raised investment funds in the amount of $65 million following the results of the Series E funding round.
Spain Antitrust Watchdog Fines Amazon and Apple
In Spain, the local antitrust regulator fined Amazon and Apple.
LG Unveils New Version of AI Software
The South Korean company LG Group presented a new version of its software for artificial intelligence Exaone and demonstrated its use in various fields of business and industry.
Nordea Is a New Owner of Danske Bank Norway Business
The Nordic region’s biggest bank Nordea is to acquire the Norwegian personal customer and private banking business of Danske Bank
Foxconn Buys Apple Equipment
Over the past year, Foxconn Technology Group has acquired from Apple the equipment necessary to establish production activities, with a total value of $33 billion.
Singapore Becomes Command Center for ASEAN Fintech: Report
PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore
Futureverse Raises $54 Million
Futureverse company, which is a business structure consisting of 11 startups of various specializations, including blockchain, metaverse, games, and artificial intelligence, has raised $54 million in investment funds.
Isometric Allocates $25 Million to Build Science Platform Focused on Carbon Removal
According to the results of the funding round, the London-based startup Isometric received investment funds for $25 million, which will be used to implement initiatives in the field of combating climate change.
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