News - page 111

Science & Technology

Apple Prepares to Its AI-Focused WWDC Event

Apple, despite its undeniably fair and indisputable status as one of the leaders of the global technology sector, has a kind of tradition, that consists in the fact that the company never embraces new product categories first, which will be confirmed very soon by the Worldwide Developers Conference (WWDC).

Fintech & Ecommerce

WhatsApp Launches AI Tools for Businesses

WhatsApp has launched artificial intelligence tools, which are designed to provide companies with the opportunity to use this digital platform to carry out commercial activities for the sale of goods and services.

Finance & Economics

Credit Suisse Bondholders Sue Switzerland

A group of Credit Suisse bondholders has filed a lawsuit against the Swiss government in an effort to obtain compensation for the controversial decision to write down the debt of an Additional Tier 1 (AT1) financial institution.

Finance & Economics

China’s Exports Demonstrate Growth

In May, China recorded an increase in exports, which exceeded preliminary expectations.

Science & Technology

US Regulators Reportedly to Open Antitrust Probes Into Nvidia, Microsoft and OpenAI

In the United States, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) intend to launch an antitrust investigation against Microsoft, OpenAI and Nvidia.

Blockchain & Crypto

Robinhood Markets to Acquire Cryptocurrency Exchange Bitstamp

Robinhood Markets plans to acquire the Bitstamp cryptocurrency exchange.

Fintech & Ecommerce

Janet Yellen Warns AI Risks in Finance

The United States Treasury Department on Thursday, June 6, announced that it is seeking public comments on the assessment of the practice of using artificial intelligence technologies in the financial services industry.

Finance & Economics

ECB Cuts Rates

On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.

Science & Technology

Nvidia Hits $3 Trillion in Market Value

Nvidia has become one of the main beneficiaries of the so-called artificial intelligence boom, as evidenced by the financial performance of its activities, which continue to set new records.

Science & Technology

ASML to Ship Its $380 Million Machine to TSMC and Samsung

In the current year, ASML Holding NV will ship its latest chipmaking machine to companies such as Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung Electronics.

Science & Technology

Kneron Launches New AI Chips

Kneron startup, which specializes in the development of artificial intelligence chips, launched its next-generation products on Wednesday, June 5.

Finance & Economics

ECB’s Inflation Challenge Resembles Similar US Problem

In the eurozone, the inflationary process has still not returned to the territory of acceptable and favorable indicators, which is why there is currently an increase in fears that the European Central Bank, as part of its movement towards easing monetary policy by cutting interest rates, may face the same problems and obstacles that have […]

Finance & Economics

NYSE and Nasdaq to Get Competition From Texas National Stock Exchange, Backed by BlackRock and Citadel

The Texas Stock Exchange (TXSE) has reportedly secured about $120 million in funding from investors, including BlackRock, the world’s largest asset manager, and Citadel Securities, a market maker.

Blockchain & Crypto

Bitget & Sumsub to Upgrade AI-Powered KYC Verification to Combat Deepfakes

Crypto exchange Bitget aims to protect its 25 million users worldwide from deepfake scams by partnering with Sumsub, a full-cycle KYC verification provider.

Science & Technology

Intel Agrees to Sell 49% of Irish Venture to Apollo

Intel has agreed to implement the deal to sell a stake in a venture that controls a factory located in Ireland.

Finance & Economics

US Job Openings Fall

The number of job openings in the United States in April showed a decrease, which turned out to be more significant than the preliminary expectations for the dynamic of the corresponding indicator.