News - page 115

Blockchain & Crypto

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

Fintech & Ecommerce

Google to Invest $350 Million in Flipkart

Google will acquire a minority stake in Walmart-backed Flipkart.

Blockchain & Crypto

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).

Fintech & Ecommerce

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.

Fintech & Ecommerce

Spreedly Launches Partnership With NuORDER

The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.

Blockchain & Crypto

Cryptocurrency Exchange Gate.HK Faces Regulatory Pressure

Hong Kong-based cryptocurrency exchange Gate.HK has closed down due to non-compliance with local licensing requirements, which will take effect on June 1.

Fintech & Ecommerce

Amazon Reportedly Ramps Up Logistics Expansion

Media reports that Amazon is currently stepping up efforts to expand logistics to improve its competitive position in the market, where companies such as Walmart, Shein, and Temu are also present.

Blockchain & Crypto

Worldcoin to Stop Iris-Scanning Operations in Hong Kong

Worldcoin, a digital identity scanning startup co-founded by OpenAI CEO Sam Altman, has been notified about the need to stop its operations in Hong Kong.

Science & Technology

Nvidia Continues to Benefit From AI

Nvidia last Wednesday, May 22, released information about the financial results of its activities in the last quarter, which proved that this company continues to be one of the main beneficiaries of the so-called artificial intelligence boom.

Science & Technology

Lenovo Reports Quarterly Earnings

For the third quarter in a row, Lenovo has published information on financial performance that exceeds preliminary expectations.

Science & Technology

Xiaomi’s Sales Demonstrate Growth

The financial results of Chinese Xiaomi for the first quarter of the current year exceeded preliminary expectations, as the process of gradual recovery of the global economy became a factor that created favorable circumstances for the business of this manufacturer of electronic appliances.

Finance & Economics

Key Political Representatives to Join Open Banking Expo Canada 2024

Toronto, May 22, 2024 – Open Banking Expo Canada is proud to announce the participation of prominent political figures and key policy representatives in its upcoming event on June 11 in Toronto. This year’s conference is poised to host over 600 executives from the Open Banking, Open Finance, and the payments ecosystem at the Metro […]

Finance & Economics

UK Inflation Slows

In the United Kingdom, the inflation rate in April was the lowest in almost three years.

Science & Technology

Microsoft and G42 Announce Geothermal Data Center in Kenya

Microsoft and G42, a leading AI company in the United Arab Emirates, have joined forces to implement a project that involves the construction of a geothermal-powered data center in Kenya.

Finance & Economics

Wall Street Provides Financing Deals Backed by AI Chips

Wall Street investment companies are striving to take advantage of the artificial intelligence industry, which is currently demonstrating a high intensity of development and scaling.

Finance & Economics

UK Regulators Fine Citi

In the United Kingdom, local regulators imposed a fine of 62 million pounds ($79 million) on bank Citi, which head office is located in New York.