Rubrik Inc. securities rose in price by 25% during the trading debut after this startup specializing in the development of solutions for cloud security and data protection, backed by Microsoft, was able to raise $752 million in the initial public offering (IPO) of shares.
According to the new EU laws, crypto asset managers will be required to conduct due diligence measures and identity checks and report any suspicious activities to authorities.
BNP Paribas Bank on Thursday, April 25, released earnings data for the first quarter of 2024, which exceeded preliminary expectations.
South Korea’s economy showed growth in the first quarter of 2024, which turned out to be the fastest in more than two years.
On Thursday, April 25, Barclays shares rose in price by 4% after this financial institution, based in London, published information on net income attributable to shareholders for the first quarter of the current year.
On Thursday, April 25, at the premarket, the price of Meta shares showed a drop in the dynamic amid news about the intention of this technology giant to switch to a strategy of so-called aggressive investment in the artificial intelligence industry, which investors treat with extreme caution and significant concerns.
In 2023, institutional investors in Canada expanded their exposure to crypto assets, with 39% of KPMG survey respondents dealing with the asset class in some way.
A year after the bankruptcy of Credit Suisse, the Swiss government announced the likelihood that UBS would have to find up to $27 billion to absorb potential losses and prevent a banking collapse, which could be a very sensitive event for the country’s financial system.
SK Hynix Inc. intends to spend about $14.6 billion on the construction of a complex for the production of memory chips in South Korea.
Square has announced the expansion of offline payments for all hardware devices in each country.
Mastercard is launching a partnership approach based on artificial intelligence to detect and prevent fraudulent activities involving the use of personal data and payments before the operations of criminals transform into victimizing consumers.
A new project in Finland is utilising energy generated while Bitcoin mining to power local heating facilities.
The Japanese technology conglomerate SoftBank intends to develop a generative artificial intelligence model for the Japanese language.
Apple Inc. announced its intention to hold a special event on May 7.
Perplexity AI, a startup developing an artificial intelligence-based Internet search system capable of fully competing with Google, was able to raise investments worth about $63 million as part of a new round of financing.
In the first quarter of 2024, sales of Apple Inc.’s iPhone significantly decreased in the Chinese smartphone market.
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