News - page 166

Blockchain & Crypto

India to Block Crypto Exchange Websites

India has imposed restrictions on foreign crypto exchanges, including Binance.

Science & Technology

Huawei Sales Approach $100 Billion in Year

In 2023, Huawei Technologies Co.’s preliminary total revenue showed growth of 9% year-on-year.

Science & Technology

AI Chatbot Ernie Reaches 100 Million Users

The user base of an artificial intelligence-based chatbot called Ernie, developed by the Chinese company Baidu, has reached a milestone of 100 million people.

Science & Technology

Nvidia to Launch Special Version of Its Gaming Chip for China

The American company Nvidia, which is currently the largest player in the global chip manufacturing industry, intends to release a special version of one of its gaming processors for the Chinese market.

Blockchain & Crypto

Bank Indonesia to Use Blockchain Technology for Digital Rupiah Trial

Bank Indonesia (BI) is advancing a plan to test the use of its new central bank digital currency (CBDC).

Science & Technology

South Korea Chip Output Grows Rapidly

The semiconductor industry in South Korea is currently recording the best state of affairs in recent years, the material form of expression of which is associated with a rapid increase in production volumes.

Science & Technology

Apple to Resume Sale of Watches

Apple may resume selling its smartwatches, despite the import ban.

Science & Technology

Microsoft Launches Copilot as App on Android

Microsoft has launched a new app called Copilot for devices that run on the Android operating system.

Fintech & Ecommerce

IndusInd Bank Launches Corporate Credit Card

IndusInd Bank has launched a corporate credit card on the RuPay network.

Science & Technology

Amazon to Insert Ads Into Prime Video

Amazon has decided to add advertising materials to its Prime Video service.

Blockchain & Crypto

Grayscale Refiles Spot Bitcoin ETF Application

Grayscale submitted an amended S-3 filing that includes a cash-only creation model with the U.S. securities regulator.

Science & Technology

Anthropic Reportedly Forecasts $1 Billion 2024 Revenue

The media reports that the startup Anthropic, working in the sphere of artificial intelligence, predicts revenue of more than $850 million in the next year, but there is also information about the company’s more impressive financial prospects.

Finance & Economics

Goldman Rethinks Emerging Markets Strategy Due to China Lesson

Kamakshya Trivedi, head of global currencies, interest rates, and Emerging Markets Strategy at Goldman Sachs Group, said that he had learned two lessons from one of the largest and most common unsuccessful forecasts of this year, which envisaged a rapid recovery of China’s economic system after the end of the country’s policy of severe restrictions […]

Science & Technology

Analysts Predict Rebound in PC Sales in 2024

Analysts at Canalys said that next year, the decline in sales in the personal computer market is highly likely to end, since, according to their observations of the mood and plans in the consumer environment, there is currently a trend towards a gradual restoration of interest to the purchase of relevant devices.

Science & Technology

Adani Green Energy Raises $1.13B to Boost Renewable Energy Transition in India

India’s largest renewable energy developer, Adani Green Energy, said its shareholders will invest INR 9,350 crore ($1.13 billion) in the company to boost its capacity, achieving its stated target of 45 GW by 2030.

Fintech & Ecommerce

US Holiday Retail Sales Grow 3.1%

Mastercard SpendingPulse estimated that this year’s holiday in-store and online retail sales grew 3.1% year over year.