Robinhood Markets to Acquire Cryptocurrency Exchange Bitstamp
Robinhood Markets plans to acquire the Bitstamp cryptocurrency exchange.
News - page 120
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.
ECB Cuts Rates
On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.
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.
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.
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.
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 […]
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.
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.
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.
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.
Deutsche Bank to Cooperate With Bitpanda
According to media reports, Deutsche Bank will cooperate with Bitpanda to process customer deposits and withdrawals from clients of the Austrian crypto broker.
China’s Factory Activity Growth Reaches 2-Year High
In China, the level of factory activity was recorded in May, which demonstrated the fastest rising pace in about the last two years.
Senangdali & GoodTech to Offer Loan Protection Insurance in the Philippines
The new loan protection insurance product from Senangdali and GoodTech is specifically designed for rural banks in the Philippines.
Alipay+ and Hyundai Department Store Join Marketing Efforts
Alipay+ signed a Memorandum of Understanding (MoU) with Hyundai Department Store to expand customer interaction and strengthen the parties’ global positions.
Mainland China Rolls Out New Crackdown on Macau’s Illegal Money Exchanges
Mainland Chinese officials have called for measures to curb the illegal money exchange business at the casino hub in Macau.
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