News - page 134

Finance & Economics

Expert of Goldman Sachs Says About State of US Economy

Jan Hatzius, the chief economist at Goldman Sachs, said during a conversation with media representatives that the soft landing, which was perceived as something like a fantastic scenario for the Federal Reserve System, is still on track.

Science & Technology

Apple CEO Arrives in Shanghai

The Chief Executive Officer of Apple Inc. Tim Cook on Wednesday, March 20, posted a video indicating that he arrived in Shanghai, where the opening ceremony of the new store of the technology giant will take place on Thursday, March 21.

Science & Technology

Intel Plans to Spend $100 Billion on Chip Plants

Intel intends to spend $100 billion in four US states to build and expand chip manufacturing plants.

Science & Technology

Amazon to Release New TV Shows and Films on Its Indian Streaming Platforms

Amazon.com Inc. announced its intention to release more than 70 new TV shows and films on its Indian streaming platforms.

Science & Technology

Xiaomi Posts Revenue Rise

The Chinese company Xiaomi published its financial results for the fourth quarter of last year.

Fintech & Ecommerce

Galileo Expands BNPL Offering

Galileo Financial Technologies is expanding its Buy Now, Pay Later (BNPL) offer.

Fintech & Ecommerce

Mastercard Expands Cross-Border Payment Solutions

Mastercard announced the scaling of its solutions designed for international payment transactions.

Science & Technology

Nvidia CEO Announces New AI Chips

Nvidia announced on Monday, March 18, a new generation of artificial intelligence chips and software for running AI models.

Fintech & Ecommerce

Revolut Launches Point of Sale iPad App

British neobank Revolut has rolled out an iPad POS application for the hospitality industry which combines payment processing with analytics.

Science & Technology

Apple Reportedly Explores Partnership With Google for Gemini-Powered Feature on iPhones

The media reported that Apple plans to start cooperating with Google to conclude a mega-deal on the leverage of the Gemini artificial intelligence model for iPhone features.

Science & Technology

Department of Homeland Security to Embrace AI

The Department of Homeland Security (DHS) became the first federal agency in the United States to embrace artificial intelligence.

Fintech & Ecommerce

Mercado Libre Reportedly to Invest $2.5 Billion to Bolster Growth in Mexico

Media reports that Mercado Libre, which operates in the sphere of e-commerce and provides payment services to consumers, plans to invest $2.5 billion in Mexico.

Science & Technology

India Seeks to Be Global Chip Powerhouse

Ashwini Vaishnaw, India’s minister of electronics and information technology, railways, and communications, during a conversation with media representatives, said that this country is striving to be on the list of the world’s five largest semiconductor manufacturers within the next five years.

Finance & Economics

China’s Property Market Shows No Sign of Rebound

The Chinese real estate sector, which is one of the most important components of the economic system of this country and has been in deep crisis for several years, currently shows no signs of recovery and does not signal any foreseeable positive prospects.

Science & Technology

FTC Says About Increase in AI-Related Scams on Social Media

Over the last year, the Federal Trade Commission (FTC) has recorded a significant increase in the number of complaints about advertising materials that were created using artificial intelligence for fraud.

Blockchain & Crypto

Nigeria’s SEC Hikes Crypto Exchange Registration Fee to N150M

The regulator proposes to increase the registration fee for cryptocurrency exchanges in Nigeria fivefold – from 30 million naira ($18,620) to 150 million naira ($93,000).