News - page 173

UK Banks Cut Costs
Finance & Economics

UK Banks Cut Costs

The largest local financial institutions in the United Kingdom have started to cut costs.

Threads Crosses 200 Million Active Users
Science & Technology

Threads Crosses 200 Million Active Users

The number of active users of the Threads social media platform has crossed a kind of historical mark of 200 million people.

Apple Revenue Tops Forecasts
Science & Technology

Apple Revenue Tops Forecasts

Apple has released information about the results of its operations in the third fiscal quarter.

Intel Shares Fall Amid Disappointing Earnings
Science & Technology

Intel Shares Fall Amid Disappointing Earnings

Intel shares fell by 20% on Thursday, August 1, as a result of information about the financial performance of the company in the second quarter of 2024, which turned out to be worse than preliminary expectations, and the consequence of the statement by the management of the firm about its intention to lay off more […]

Amazon Reports Q2 Earnings
Fintech & Ecommerce

Amazon Reports Q2 Earnings

Amazon last Thursday, August 1, released information about the financial results of its operations in the second quarter of the current year.

US Unemployment Rate Demonstrates Growth
Finance & Economics

US Unemployment Rate Demonstrates Growth

In July, a cooling was recorded in the United States labor market, which turned out to be more widespread than preliminary forecasts regarding the most likely dynamic of the state of affairs in the relevant space.

Contextual AI Raises $80 Million
Science & Technology

Contextual AI Raises $80 Million

Contextual AI, a startup selling a tool to improve the performance of artificial intelligence models, raised an investment of $80 million as part of a Series A funding round.

AMD Posts Revenue Rise
Science & Technology

AMD Posts Revenue Rise

Advanced Micro Devices (AMD) has released information on its financial results for the second quarter of the current year.

WeOnAsset.io Incorporates AI for Financial Performance Enhancements
Fintech & Ecommerce

WeOnAsset.io Incorporates AI for Financial Performance Enhancements

London, United Kingdom – WeOnAsset.io, a leading entity in the realm of financial services, announces its strategic integration of Artificial Intelligence (AI) to enhance financial performance across its spectrum of services. This forward-thinking initiative underscores WeOnAsset’s commitment to staying at the forefront of technological innovation, ensuring its clients receive the utmost efficiency and effectiveness. Unveiling […]

Fed Holds Rates Unchanged
Finance & Economics

Fed Holds Rates Unchanged

The Federal Reserve decided to keep interest rates at the same level on Wednesday, July 31, but at the same time opened the way for lowering the cost of borrowing at a meeting to be held in September.

UBS Sues Bank of America
Finance & Economics

UBS Sues Bank of America

UBS sued Bank of America for $200 million.

Crypto Segment Reverses Gender Pay Gap Trend: Pantera Capital Report
Blockchain & Crypto

Crypto Segment Reverses Gender Pay Gap Trend: Pantera Capital Report

Women working in the crypto segment earn, on average, 15% more than men, comprising a larger proportion of mid-level and senior positions, representing what is called a reversed gender pay gap.

Fed Reportedly to Hold Rates
Finance & Economics

Fed Reportedly to Hold Rates

Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.

Virtual Companion Now on Your Neck With a Friend AI Necklace
Science & Technology

Virtual Companion Now on Your Neck With a Friend AI Necklace

The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.

M2 Enables UAE Residents to Trade Bitcoin and Ether Via Bank Accounts
Blockchain & Crypto

M2 Enables UAE Residents to Trade Bitcoin and Ether Via Bank Accounts

Crypto exchange M2 introduced a new integration that allows UAE customers to convert dirhams in their bank accounts directly into Bitcoin and Ether.

Stripe Buys Lemon Squeezy
Fintech & Ecommerce

Stripe Buys Lemon Squeezy

Stripe has acquired Lemon Squeezy, a payment processing startup.