News - page 126

Finance & Economics

Federal Reserve Governor Lisa Cook Says About Importance of Cautious to Policy Easing

The governor of the Federal Reserve System, Lisa Cook, said that the central bank of the United States needs to take a cautious approach when deciding on monetary policy easing.

Science & Technology

Apple Plans to Launch Vision Pro in China

Apple plans to launch sales of the Vision Pro headset in the Chinese market in the current year.

Finance & Economics

Experts Say About Significant Economic Potential of China’s Tech Sector

Experts Chang Shu and Eric Zhu suggest that in China, the local advanced technologies sector will become a platform for stimulating the growth of demand for goods and services, and by 2026 it may compete with the sphere of real estate in terms of the scale of impact on the state of the country’s economic […]

Science & Technology

EU Starts Probe Into Meta, Apple and Alphabet

The European Union on Monday, March 25, announced the launch of an investigation into such technology giants as Apple, Alphabet, and Meta.

Finance & Economics

UK Retail Sales Demonstrate Positive Dynamic

In the United Kingdom, retail sales in the first two months of the current year turned out to be higher than preliminary expectations.

Science & Technology

World Fund to Offer €300M to European Climate Tech Founders

German-based climate VC World Fund has raised a €300M fund to make substantial investments into European tech startups, developing technologies that can potentially decarbonise entire industries.

Finance & Economics

German Business Outlook Improves

In Germany, an improvement in business outlook was recorded, which turned out to be higher than preliminary expectations and gave rise to cautious hopes that the country’s economic system would leave the downturn zone, which turned it into a kind of outsider of the eurozone.

Fintech & Ecommerce

Amazon Taps Stripe to Power Just Walk Out Payments in Canada and Australia

Stripe has started powering payment transactions for retailers using Amazon’s Just Walk Out technology in Australia and Canada.

Fintech & Ecommerce

Bank of America Launches Massive Update to Its Mobile App

Bank of America has launched a massive update to its mobile app that integrates banking, investing, and retiring on one unified online platform.

Fintech & Ecommerce

Fintech Akulaku Secures HSBC Financing

Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.

Science & Technology

Apple Reportedly Discusses Using of Baidu AI in Chinese iPhones

The media reports that Apple Inc. is currently negotiating the use of generative artificial intelligence systems of the Chinese company Baidu Inc. in the iPhone and its other devices.

Fintech & Ecommerce

Parcha Introduces AI-Powered Solution to Automate Compliance Reviews for Banks and Fintechs

AI-focused tech startup Parcha has launched its first innovative AI solution suite for automating manual compliance review in customer onboarding starting with KYB and KYC.

Science & Technology

Huawei Tests Brute-Force Method for Manufacturing Advanced Chips

Huawei Technologies Co. and its chip manufacturing partner, about which there is no information, except for being based in China, have filed patent applications for a method of making microcircuits, which is low-tech but has potential in terms of such a parameter as efficiency.

Fintech & Ecommerce

Mastercard Reveals Fresh Remittance Insights

The new Mastercard report focuses on key trends and opportunities to digitize remittance transfers in Latin America and the Caribbean where cross-border money transfers grow by 10% annually.

Science & Technology

Microsoft Presents First Surface PCs

Microsoft is releasing its first Surface PCs with a dedicated Copilot button on the keyboard, which provides users with quick access to the chatbot.

Science & Technology

AI Startup Cohere Reportedly Targets $5 Billion Valuation

The media reports that the Canadian startup Cohere which specializes in carrying out activities in the artificial intelligence industry, is currently actively negotiating the raising of investment funds for $500 million.