News - page 132

Fintech & Ecommerce

JPMorgan to Cooperate With Cartes Bancaires CB

JPMorgan has become a principal member of the French payment network Cartes Bancaires CB.

Finance & Economics

Shares of NYCB Demonstrate Decline

The share price of New York Community Bank (NYCB) last Monday, March 4, showed a drop of 23%.

Finance & Economics

China Sets Economic Growth Target

The Chinese authorities have set a target for the growth of the country’s economic system for 2024.

Science & Technology

Anthropic Launches New Models for Chatbot Claude

Anthropic, a startup that operates in the artificial intelligence industry, has released new software for its chatbot called Claude.

Finance & Economics

BIS Says About Success of Central Banks in Inflation Fight

The Bank for International Settlements (BIS) on Monday, March 4, said that financial regulators in many countries of the world are on the verge of victory in the struggle to resume control over the surge in inflation, which has become excessive and is transforming into a kind of autonomous trend.

Fintech & Ecommerce

Amazon’s Whole Foods Plans to Open New Small-Format Stores

An Amazon-owned grocery company will open new small-format stores that are focused on serving urban consumers making quick trips.

Finance & Economics

China’s Middle-Income Population Reportedly Hits 500 Million Mark

At the end of last week, Chinese state media published information according to which the number of citizens whose income is at a middle level in this country amounted to more than 500 million people.

Science & Technology

Nvidia CEO Says About Prospects of Artificial General Intelligence

Nvidia CEO Jensen Huang believes that artificial intelligence, which logic of thinking is similar to the paradigm of the corresponding process implemented in the space of human consciousness, can be developed within the next five years.

Blockchain & Crypto

JPMorgan Predicts Bitcoin Correction

JPMorgan analysts say that one of the most anticipated catalysts for further growth in the price of Bitcoin may eventually cause a decrease in the corresponding indicator.

Finance & Economics

BOJ Сhief Stops Short of Declaring 2% Price Goal Met

Kazuo Ueda, Governor of the Bank of Japan, said that it is currently too early to conclude that the inflation process in this country is on a trajectory of steady approach to the financial regulator’s target of 2%.

Fintech & Ecommerce

Walmart and Amazon Focus on AI

This week, Amazon decided to increase its investment in artificial intelligence, as the e-commerce giant and its competitor Walmart seek to introduce advanced technologies into their services on a large scale so that their market positions remain stable.

Science & Technology

Dell Reports Earnings

Dell Technologies Inc. has reported the highest sales and earnings figures for its products over the past six months.

Science & Technology

AMD’s Market Value Tops $300 Billion

Shares of Advanced Micro Devices (AMD) Inc. last Thursday, February 29, showed a rapid increase in cost.

Finance & Economics

Deutsche Bank Reportedly to File Liquidation Suit Against Chinese Developer Shimao

The media, citing insiders, reported that Deutsche Bank is preparing a liquidation lawsuit against the Chinese developer Shimao Group.

Science & Technology

Sales of Apple’s Smartphones Fall in China

In the Chinese smartphone market, there continues to be a trend of restrained consumer demand for the iPhone.

Science & Technology

Elon Musk Sues OpenAI

Elon Musk has sued OpenAI and the chief executive officer of this startup, Sam Altman.