News - page 124

Finance & Economics

Chinese Authorities Signal Possibility of Starting Trading Government Bonds

The speech by the head of the People’s Republic of China, Xi Jinping, signals that the authorities of this Asian country may start trading government bonds in the foreseeable future to regulate liquidity in the market.

Science & Technology

OpenAI, Microsoft Work on Data Center Project

The media reports that OpenAI and Microsoft are currently working on a project involving the construction of a data center.

Finance & Economics

US Manufacturing Sector Demonstrates Growth

In March, the United States recorded an increase in industrial production for the first time in 1-1/2 years.

Science & Technology

DeepMind Co-Founder Says About Negative Aspect of AI Hype

Demis Hassabis, one of the co-founders of DeepMind, said that excessive hype around artificial intelligence is a barrier to making progress in the AI industry.

Finance & Economics

China’s Manufacturing Activity Demonstrates Growth

In China, manufacturing activity grew at the fastest pace in the last 13 months in March.

Finance & Economics

World Bank Says About Rapid Growth of East Asian Economy

World Bank data indicate that economic growth rates in developing countries in East Asia and the Pacific are currently exceeding similar results in the rest of the world.

Science & Technology

Coro Raises $100 Million

Coro raised $100 million following a Series D funding round to develop its cybersecurity platform designed for small and medium-sized businesses.

Blockchain & Crypto

Grayscale’s New Investment Fund to Maximize Staking Income

New Grayscale Dynamic Income Fund focuses on optimising crypto staking rewards for sophisticated investors with over $1.1 million assets under management or a net worth of more than $2.2 million.

Finance & Economics

Westpac Announces Tech Upgrade

Australian bank Westpac has announced its intention to invest billions of dollars in simplifying its technology infrastructure over the next four years.

Finance & Economics

Chinese Property Giant Country Garden Delays Earnings

The troubled Chinese property giant Country Garden last Thursday, March 28, announced its decision to delay the publication of data on its financial results for the past year.

Science & Technology

OpenAI Previews New Audio Tool

OpenAI has released information about the early test results of its new artificial intelligence feature, which can read text materials aloud in the most realistic human voice.

Science & Technology

US Reportedly to Unveil List of Chinese Chip Factories Barred From Receiving Tech

The media reports that the United States is currently drawing up a list of advanced chip manufacturing plants in China to subsequently ban the receipt of key tools by these factories.

Finance & Economics

Jerome Powell Says About Prospects of Cutting Interest Rates

Federal Reserve Chairman Jerome Powell on Friday, March 29, at an event in San Francisco, said that the central bank of the United States does not intend to make hasty decisions and act in an accelerated manner as part of an approach to a potential reduction in interest rates.

Science & Technology

Huawei Reports Profit Growth

Huawei Technologies Co. reported an increase in profit for the fourth quarter of 2024.

Science & Technology

Amazon to Spend $148 Billion on Data Centers

Amazon.com Inc. intends to spend almost $150 billion on data centers over the next 15 years.

Science & Technology

Experts Forecast Rebound of Global Smartphone Market in 2024

The report of experts from Counterpoint Research, which was published on Thursday, March 28, contains a forecast that in the current year, the volume of global smartphone shipments will show an increase of 3%.