News - page 130

Fintech & Ecommerce

JPMorgan to Make AI Part of Management Conversation

The importance of artificial intelligence for JPMorgan continues to increase, as evidenced by the statement of the CEO of this financial institution Jamie Dimon that in the structure of the functioning of the bank, advanced technology can get its own reporting line beyond the larger team of specialists of the lender.

Finance & Economics

China Attempts to Save Developer Vanke From Default

In China, local banks are currently trying to save another large developer which is on the verge of collapse.

Science & Technology

US Wants to Help Philippines Double Its Semiconductor Facilities

US Commerce Secretary Gina Raimondo on Tuesday, March 12, during a speech at a business forum in Manila, said that Washington wants to help the Philippines double its chip-making production capacity.

Blockchain & Crypto

The Surge of Meme Coins and the Crypto Casino Boom

As the cryptocurrency landscape continually evolves, the recent surge in meme coin valuations, particularly Pepe (PEPE) and Floki Inu (FLOKI), has captured the attention of investors worldwide.

Society & Lifestyle

Airbnb Bans Indoor Security Cameras

The short-term rental housing platform Airbnb on Monday, March 11, announced that it prohibits the use of indoor security cameras on premises around the world.

Science & Technology

Reddit Launches IPO

Reddit Inc. has disclosed details of its upcoming initial public offering (IPO), which is likely to be the largest event of a relevant nature in the current year.

Science & Technology

Japan Seeks to Global Leadership in AI

Japan is currently offering new opportunities in the sphere of digital technologies using innovative artificial intelligence tools.

Finance & Economics

Gold Prices Demonstrate Prospects for Continued Growth

In the foreseeable future, the record growth in gold prices may continue, as investors expect that shortly central banks will begin to implement monetary easing policies, within which interest rates will be lowered.

Finance & Economics

Japan Manages to Avoid Recession

The Japanese economy in the last quarter of 2023 showed a positive result, which exceeded the preliminary forecasts of analysts.

Finance & Economics

China’s Consumer Prices Rise for First Time in Half-Year

Positive consumer inflation has been recorded in China for the first time in the last six months.

Blockchain & Crypto

Bitcoin Hits All-Time High of $71,4K

Bitcoin continues its impressive rally, having risen by 2.62% in the last 24 hours, reaching a new all-time high of $71,415 on March 11, just 36 days before the much anticipated Bitcoin halving event.

Science & Technology

AWS Introduces Anthropic AI Models on Amazon Bedrock

The new Anthropic Claude 3 models now available on Amazon Bedrock can help global businesses automate tasks, create new user-facing applications, and accelerate research and development across various sectors.

Finance & Economics

Italy Privacy Watchdog Fines Unicredit

In Italy, the local data protection authority fined the bank UniCredit.

Fintech & Ecommerce

NatWest to End BNPL Product

NatWest has announced its intention to stop the Buy Now, Pay Later (BNPL) product.

Science & Technology

Intel-Backed Astera Seeks $534 Million in IPO

Astera Labs Inc. intends to raise as much as $534 million in an initial public offering (IPO).

Science & Technology

China to Establish $27 Billion Chip Fund

China is currently on its way to establishing the largest chip fund, which will become a kind of organization designed to counter the restrictions from the United States in the sphere of access to advanced microcircuits.