News - page 114

Blockchain & Crypto

BlackRock Applies for Spot Bitcoin ETF

The largest investment company globally is eyeing the first crypto spot ETF in the United States

Blockchain & Crypto

New York Bans CoinEx Crypto Exchange

Local regulator banned Hong Kong-based CoinEx from operating in New York and seized over $1.7 million worth of the crypto exchange’s funds

Finance & Economics

Gaming Startup Wargraphs Sells for $54 Million

Wargraphs, a startup that consists of one person and is developing a popular companion app for League of Legends called Porofessor, was sold for $54 million.

Finance & Economics

TikTok to Invest Billions of Dollars in Southeast Asia

TikTok, an application for short videos, which is part of the ownership structure of the Chinese company ByteDance, on Thursday, June 15, announced its intention to invest billions of dollars in Southeast Asia over the next few years.

Society & Lifestyle

Twitter Faces $250 Million Lawsuit by Major Music Publishers

A coalition of music publishers, which includes Universal Music Corp., BMG, Warner Chapell, and Sony Music Publishing, is suing Twitter over claims against the social network over copyright violations.

Science & Technology

Siemens to Invest €2 Billion to Boost High-Tech Plants

Siemens AG will direct investments in the amount of €2 billion to expand high-tech production.

Finance & Economics

ChrysCapital Invests $100 Million in Lenskart

ChrysCapital has directed investments in the amount of $100 million for the development of the Indian startup Lenskart, which specializes in the production of glasses.

Fintech & Ecommerce

Shopify and Volt Forge Open Banking Partnership

E-commerce company Shopify has announced the beginning of an open banking partnership with Volt.

Fintech & Ecommerce

Klarna Releases Donations and Other Tools for Climate Conscious Consumers

The Klarna payment network has presented new products that are aimed at customers who are striving to do everything possible to protect the environment from negative external influences within the framework of their daily activities.

Science & Technology

McKinsey Reveals How Much Work Activity AI Will Replace

The answer to whether generative AI will take your place at work can be found in the new McKinsey study

Fintech & Ecommerce

Visa Launches Africa Fintech Accelerator

The new Visa initiative will support up to 40 Africa’s fintech start-ups and entrepreneurs each year, with training, connections, technology, and investment opportunities

Science & Technology

OpenAI Intros New Generative Text Features

OpenAI upgraded models for creating text amid growing competition in the field of generative artificial intelligence.

Science & Technology

AI Startup Mistral Raises $113 Million

The French startup Mistral AI has raised investment funds in the amount of $113 million following the results of the initial round of financing.

Science & Technology

Synthesia Joins Unicorn Club Amid Flurry of AI Investments

The British company Synthesia, which specializes in developments in the field of artificial intelligence, announced that following the results of the Series C financing round, it managed to raise investment funds in the amount of $90 million.

Science & Technology

Google and OpenAI Disagree on Government Oversight of AI

Google and OpenAI, which are currently the main players in the fast-growing field of generative artificial intelligence, hold different positions on what form and scale should have the system of regulating the process of development and dissemination of technology that has the potential to literally change the world.

Fintech & Ecommerce

Triple and Prizeout Team for Digital Gift Card Offering

The Prizeout company, which operates in the field of advertising, announced the beginning of a partnership with the Triple offer platform, which is linked to cards.