Amazon Launches AI Assistant for Third-Party Sellers
Amazon has announced the launch of an artificial intelligence tool that is designed to help third-party sellers quickly fix problems related to their accounts and obtain inventory and sales data.
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Capmont Reportedly Launches $111 Million Fund
The media reports that the venture capital company Capmont Technology, which is based in Munich, has launched a fund worth $111 million.
EU Court Confirms Qualcomm’s Fine
The European second-top court on Wednesday, September 18, basically confirmed the EU antitrust fine against the US chip manufacturer Qualcomm.
Google Buys Carbon Removal Credits From Brazil Startup
Google has agreed to buy carbon removal credits for the first time in history.
Alibaba Rolls Out Over 100 New AI Models
The Chinese company Alibaba on Thursday, September 19, presented more than 100 new models of artificial intelligence with open-source code.
Bank of England Keeps Interest Rates Steady
The Bank of England on Thursday, September 19, decided to keep interest rates at the same level.
Fed Cuts Interest Rates
The Federal Reserve System on Wednesday, September 18, decided to cut its benchmark interest rate by a half percentage point.
Wells Fargo Presents New APIs for Commercial Banking Clients
Wells Fargo presented specialized application programming interfaces (APIs) designed for clients of this financial institution who belong to the category of consumers of commercial banking services.
JPMorgan Reportedly Negotiates to Become Apple Credit Card Issuer
The media reports that JPMorgan Chase which is currently the largest financial institution in the banking sector of the United States is in talks with Apple to become the technology giant’s new credit card issuer.
JPMorgan Seeks to Expand in Africa and Scandinavia
JPMorgan Chase, the largest bank in the United States, is currently stepping up efforts to expand its business globally, intending to form an enhanced presence outside the domestic market.
Institutions Drive Crypto Adoption in South Korea and Hong Kong: Report
Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global crypto value received between July 2023 and June 2024. South Korea and Hong Kong stand out as the most crypto-active countries in the region, with institutions driving increased adoption.
USDC Integrates With Real-Time Payment Systems of Mexico and Brazil
Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.
Microsoft Approves New Share Buyback Program
Microsoft announced that the company’s board of directors has approved a new share buyback program worth up to $60 billion.
Microsoft and BlackRock to Launch Fund for AI Infrastructure
BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.
US Retail Sales Demonstrate Growth
In the United States, an increase in retail sales was recorded in August, which was evidence that one of the main driving forces of the positive dynamic economic system of this country remains in force, despite various difficulties, including inflation that has not been fully overcome and continuing uncertainty about the scenarios of the future.
Intel Shares Rise Amid Chip Deal With Amazon
Intel’s chip manufacturing business, which has recently faced significant difficulties, received an incentive for growth and development after the announcement of the beginning of interaction with a major customer, which is Amazon.
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