French Fintech Pennylane Doubles Valuation
French accounting software company Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) as part of a new 75 million euro financing round.
News - page 13
Spreedly and EBANX to Promote Local Payments in LatAm
The open payments platform Spreedly has teamed with the payment service provider EBANX.
Hawk Raises $56 Million to Counter Financial Crime
Hawk, a fraud and money laundering prevention provider, raised $56 million.
Octane Raises $6.75 Million for Cybersecurity Solution for Blockchain
Octane startup, which operates in the cybersecurity area, has emerged from the shadows and announced that it has managed to raise $6.75 million as part of a seed funding round.
Janover Raises $42 Million
Janover, a platform that connects the commercial real estate industry, announced last Monday, April 7, that it plans to accelerate its acquisition of digital assets after raising $42 million in an offer of convertible notes and warrants.
Apple’s 3-Day Loss in Market Cap Approaches to Almost $640 Billion
The stock market on Monday, April 7, showed performance that was generally better than what was observed on the previous two trading days, but Apple got hammered again, losing 3.7%.
Microsoft AI Chief Sees Advantage in Building Models 3 or 6 Months Behind
Microsoft owns a large number of graphics processing units from Nvidia but does not use these products to develop state-of-the-art artificial intelligence models.
JPMorgan CEO Says Donald Trump Tariffs to Boost Inflation
JPMorgan Chase chief executive officer Jamie Dimon said on Monday, April 7, that the tariffs announced last week by United States President Donald Trump are likely to trigger price increases for both domestic and imported goods, which will have a negative impact on the condition of the US economic system, which already demonstrated the slowdown.
China Demonstrates Readiness for Trade War
The decision by the head of the People’s Republic of China, Xi Jinping, to quickly take countermeasures against the United States in the area of trade after US President Donald Trump last week announced reciprocal tariffs on goods imported from the Asian country indicates Beijing’s readiness for a large-scale, intense and, in a sense, fundamental […]
Amazon Prepares to Launch Satellite Internet Network
Project Kuiper, Amazon initiative to build a satellite internet constellation similar in concept to SpaceX’s Starlink, is ready to send an entire batch of satellites to space for the first time.
SandboxAQ Raises $450 Million for Quantitative AI Platforms
SandboxAQ raised over $450 million in a Series E funding round to support its development of large quantitative models that will help enterprises use artificial intelligence to solve scientific and quantitative challenges.
Christopher Waller Says Stablecoins Bring Benefits to US Payments System
Federal Reserve Governor Christopher Waller said on Friday, April 4, that stablecoins are a good thing for the United States payments system, but he doubts that the country’s financial system will be able to support a large number of assets of the appropriate category.
Meta Reportedly to Release New AI Model Llama 4 This Month
The media published information according to which Meta Platforms is planning to release the latest version of its large language model in the current month.
Donald Trump Urges Fed to Cut Interest Rates
President of the United States Donald Trump on Friday, April 4, called on Federal Reserve Chairman Jerome Powell to cut interest rates.
US Unemployment Rate Increases
Job growth in the United States in March turned out to be stronger than preliminary expectations regarding the pace of the dynamic of this process, which could potentially generate at least temporary confidence that the situation in the US labor market is stable.
Ana Botin Says Tariffs to Hit US More Than Europe in Short Term
Banco Santander SA Executive Chair Ana Botin said on Friday, April 4, at the bank’s annual general meeting that the reciprocal tariffs announced by United States President Donald Trump on Wednesday, April 2, are likely to hit the US economic system harder than Europe.
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