OpenAI Creates Oversight Team
OpenAI on Tuesday, May 28, announced the creation of a safety and security committee in the structure of this company.
News - page 108
Researchers Say About Advantage of Hong Kong’s Offshore Position for China
Leading Chinese researchers advise Beijing to step up its efforts to raise large amounts of foreign investment by focusing on its role in the Asian supply chain and using Hong Kong’s offshore position for appropriate purposes.
Apple’s iPhone Sales in China Demonstrate Growth
In China, a significant increase in sales of Apple’s iPhone smartphones was recorded in April.
Central Banks Use Generative AI for Cybersecurity Praising Its Effectiveness
BIS report revealed that most of its central bank members are adopting generative AI to enhance their internal cybersecurity measures. Moreover, they see immediate results of such implementation.
Bank of Japan Signals Room for Interest Rate Hikes
Governor of the Bank of Japan Kazuo Ueda and his deputy said that after this Asian country shifted away from the 0% inflation norm, opportunities for a gradual increase in interest rates were formed.
China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds
The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.
China’s Middle Class Concerns About Spending
According to the results of a study conducted by employees of the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, Chinese families who belong to the middle-class category continue to take a cautious approach in the context of their spending issues.
China Creates $47.5 Billion Chip Fund
China has set up the largest investment fund in the history of this Asian country dedicated to the development of homegrown chips, which is especially important for Beijing at the current historical moment characterized by a high level of geopolitical tension.
Shaping Tomorrow’s Banking Landscape: 12th Edition Connected Banking Summit
On May 23rd, 2024, the Maslow Hotel in Johannesburg set the stage for a groundbreaking gathering as the 12th Edition Connected Banking Summit – Southern Africa Innovation & Excellence Awards 2024 convened over 300 global executives, experts, and leaders from the banking and financial services industry. This year’s summit, themed “Empowering Tomorrow’s Banking Digital Landscape: […]
Startup xAI Raises $6 Billion
Startup xAI, which operates in the artificial intelligence industry, raised $6 billion in investment funds.
Mastercard and African Development Bank Group Collaborate to Provide Digital Identities
Mastercard and the African Development Bank Group have formed an alliance to provide access to critical services to 100 million people and businesses in Africa.
Marathon Digital to Enhance Kenya’s Energy Sector Transformation
Bitcoin mining giant Marathon Digital Holdings will support energy utilization and optimize renewable energy projects across Kenya
Google to Invest $350 Million in Flipkart
Google will acquire a minority stake in Walmart-backed Flipkart.
SEC Greenlights More Ethereum ETFs
The price of Ethereum has hardly shown any changes even though the United States Securities and Exchange Commission (SEC) has approved the accelerated launch of Ether exchange-traded funds (ETFs).
Walmart Launches Gamified Marketplace
Walmart and Amazon are long-time competitors that strive to gain young customers, from time to time offering solutions designed to improve their positions in this market struggle.
Spreedly Launches Partnership With NuORDER
The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.