News - page 165

Science & Technology

HP Posts Revenue Decline

HP has published a report on its quarterly sales, which did not meet analysts’ expectations because the projected recovery of the personal computer market is still a hypothetical vision of the future and is not in the space of objective reality that cannot be denied.

Science & Technology

China Fines Foxconn

In China, local tax authorities fined a subsidiary of Foxconn Technology Group.

Science & Technology

X Sues Watchdog Group Media Matters

Social network X, formerly known as Twitter, sued the watchdog Media Matters.

Finance & Economics

German Budget Crisis Worsens

The German leadership decided on an emergency spending freeze against the background of the decision of the country’s top court, which aggravated the already existing budget crisis, which became a kind of shock factor for Europe’s largest economy.

Fintech & Ecommerce

Remittance Inflows Surge in Kenya

In October, Kenyans who work and live abroad sent home Sh2.3 billion more than Sh51.89 billion ($340.4 million) in remittance registered in Kenya in September.

Science & Technology

Baidu Posts Revenue Rise

Chinese technology giant Baidu on Tuesday, November 21, announced the financial results of its activities for the third quarter of 2023.

Finance & Economics

Citigroup Launches Restructuring

Citigroup has started operations as part of the next stage of its organizational change plan.

Science & Technology

TSMC Reportedly Considers Building Third Plant in Japan

The media, citing insiders, report that Taiwan Semiconductor Manufacturing Co. is currently studying the possibility of building a third plant in Japan.

Fintech & Ecommerce

Mastercard JV to Process Domestic Payments in China

Mastercard joint entity in China received formal approval from the People’s Bank of China and the National Administration of Financial Regulation to start processing domestic payments in the country.

Blockchain & Crypto

Yellow Card Introduces PayPalUSD Stablecoin First in Africa

Yellow Card fintech has launched PayPalUSD paving new ways for digital financial transactions between Africa and the United States.

Fintech & Ecommerce

Mastercard to Use AI for Crypto Fraud Monitoring

Mastercard has partnered with the Feedzai technology platform to improve the monitoring and blocking of fraud activities across transactions from over 6,000 crypto exchanges with the help of AI.

Blockchain & Crypto

DFINITY & SingularityNET Join Efforts to Bring AI to dApps

The partnership between DFINITY and SingularityNET will integrate the Internet Computer blockchain with SingularityNET marketplace to advance decentralised AI infrastructure and bring AI-based services to dApps

Finance & Economics

Janet Yellen Says About US Considerable Progress in Reducing Inflation

Treasury Secretary Janet Yellen said on Monday, November 20, that the United States is making significant progress as part of efforts to reduce the inflation rate in this country.

Fintech & Ecommerce

Amazon Reportedly Plans to Boost Exports From India

The media reports that Amazon plans to increase the volume of exports of its goods from India.

Science & Technology

Germany, France and Italy Agree on AI Regulations

The media reported that three EU countries, including Italy, Germany, and France, have reached an agreement on issues that form the basis of the content of the concept of the regulation of artificial intelligence.

Science & Technology

Sam Altman to Join Microsoft

Just a few days after being abruptly ousted from OpenAI, Sam Altman is joining the Microsoft team along with Greg Brockman.