News - page 114

Blockchain & Crypto

Blockchain Company Squad Labs Raises $10 Million

The blockchain company Squad Labs has raised new funding for $10 million.

Fintech & Ecommerce

Radar CEO Says Geolocation to Drive Future of Digital-Physical Commerce

Radar CEO and co-founder Nick Patrick, during a conversation with media representatives, said that currently there is a kind of transformation in the orientation of geolocation and geofencing, which are gradually shifting the focus from advertising to the product.

Blockchain & Crypto

MetaMask Adds Pooled Staking

MetaMask, the most popular wallet for Ethereum, will provide its users with a pooled staking feature.

Fintech & Ecommerce

Ant Group Spends $2.9 Billion on Research

Last year, Ant Group Co. spent a record 21.2 billion yuan ($2.9 billion) on research.

Fintech & Ecommerce

Saudi Fintech Rasan Jumps by 30%

Saudi fintech company Rasan Information Technology Co. has moved forward in its debut in Riyadh, managing to raise 841 million riyals ($224 million) amid the hype associated with the listing, as a result of which several companies have started trading in the kingdom over the past month.

Fintech & Ecommerce

Worldpay Says About Growth of Demand for Digital Wallets in China and India

Based in the United Kingdom, Worldpay, a company specializing in the implementation of payment transaction processing activities, has published a report according to which there is currently an increase in the use of digital wallets at the global level.

Finance & Economics

Fed Keeps Interest Rates at 23-Year High

The Federal Reserve on Wednesday, June 12, announced that its benchmark lending rates remain at the current level.

Fintech & Ecommerce

Linq Raises $6.6 Million to Bring AI to Financial Analysts

Startup Linq raised $6.6 million in investment funds.

Science & Technology

Black Semiconductor Raises $273 Million

The company Black Semiconductor, which is based in Germany and develops graphene-based technology for connecting chips, was able to raise investment funds for 254.4 million euros (about $273 million).

Science & Technology

US Reportedly Considers Further Restrictions on China’s Access to Chip Technology

The media reported that the administration of the President of the United States Joe Biden is currently considering the possibility of introducing additional restrictive measures regarding the possibility of China’s access to chip technologies.

Science & Technology

Apple Shares Hit Record High

The value of Apple securities on Tuesday, June 11, increased by 5%, reaching a new record high of $203 per share.

Finance & Economics

UK Unemployment Hits 2.5-Year High

In the United Kingdom, unemployment unexpectedly rose, reaching its highest level in more than two and a half years.

Fintech & Ecommerce

Morgan Stanley Says AI Helps Financial Advisers Save Time

Morgan Stanley CEO Ted Pick said that the ability of artificial intelligence to transcribe conversations and categorize them by topic could save financial advisers 10 to 15 hours a week.

Blockchain & Crypto

Ripple to Drive Blockchain Innovation in Japan and South Korea

The Ripple blockchain company has launched a fund in South Korea and Japan.

Science & Technology

UK Tech Bosses Urge Focus on AI Skills in High-Stakes Election

Currently, in the United Kingdom, local executives in the technology area and entrepreneurs declare their desire for the next government of this country to focus on the development of skills related to artificial intelligence and on fiscal measures aimed at providing conditions for the implementation of the economic growth process.

Science & Technology

ChatGPT Comes to iOS, iPadOS, and macOS

OpenAI officially announced that ChatGPT capabilities will be integrated into experiences within iOS, iPadOS, and macOS later this year.