News - page 120

Science & Technology

TSMC Reports First-Quarter Revenue and Profit

Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 18, released earnings data for the first quarter of 2024.

Fintech & Ecommerce

JPMorgan CEO Says About Money in AI World

Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon, during a conversation with media representatives, outlined his vision regarding the question of what configuration of the future will become a reality for money in a world where artificial intelligence is the main technology.

Fintech & Ecommerce

BNPL Users to Top 670 Million Globally by 2028

The 107% growth of the BNPL (Buy Now, Pay Later) users is expected to be fueled by the increasing efforts of superapps and banks to develop their own flexible loan offerings.

Finance & Economics

Fed Chair Signals Rate-Cut Delay

The Chairman of the Federal Reserve, Jerome Powell, signaled that policymakers will wait longer to cut interest rates longer than originally expected.

Science & Technology

AMD Introduces AI Chips

Advanced Micro Devices (AMD) has presented a series of new semiconductors for business laptops and AI-enabled desktops.

Finance & Economics

Morgan Stanley Earnings Exceed Expectations

Morgan Stanley on Tuesday, April 16, published data on its earnings for the first quarter of the current year.

Science & Technology

Climeworks Solutions Fast-Track Carbon Removal

Climeworks extends its DAC offering with Climeworks Solutions – holistic carbon removal portfolios tailored to the individual needs of different companies.

Science & Technology

Rippling Reportedly Seeks to Raise New Funding

The media, citing insiders, report that currently the startup Rippling, which specializes in business software development, is negotiating to raise new funding at a valuation of between $13 billion and $14 billion.

Finance & Economics

Green Finance Becomes a New Norm: Research

The new LBBW study “Sustainability and Green Finance” confirms that combining finance with sustainable aspects is increasingly becoming normal rather than exceptional.

Fintech & Ecommerce

Sheeva.AI Launches In-Vehicle Payments for Citroën in India

Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën cars in India.

Science & Technology

Microsoft Invests $1.5 Billion in AI Company G42

Microsoft has invested $1.5 billion in G42, which is based in Abu Dhabi and operates in the artificial intelligence industry.

Finance & Economics

IMF Raises Growth Forecast for US Economy

The International Monetary Fund (IMF) suggests that the impressive performance of the United States’ economic system will be a major factor in global growth in 2024, but may complicate solving the problem of inflation in the US.

Finance & Economics

China’s Economy Demonstrates Growth

In the first quarter of the current year, China’s economy showed growth that exceeded preliminary expectations, turning out to be a steady process, mainly as a result of the positive state of affairs in the high-tech segment of the manufacturing sector.

Science & Technology

Adobe Releases Acrobat AI Assistant

Adobe released its artificial intelligence-based digital assistant on Monday, April 15.

Science & Technology

US to Award Samsung up to $6.4 Billion in Grants for Chip Plants

The administration of the President of the United States Joe Biden will provide Samsung Electronics Co. with grants worth up to $6.4 billion to increase chip production in Texas.

Science & Technology

Salesforce Reportedly Considers Acquiring Informatica

The media reports that Salesforce is currently in active negotiations to acquire data management software provider Informatica.