News - page 181

Science & Technology

Morgan Stanley Characterizes Microsoft and Sony as AI Winners in Games

Morgan Stanley analysts suppose that platforms such as Microsoft Corp.’s Xbox and Sony Group Corp.’s PlayStation will be the most clear-cut beneficiaries of the integration of artificial intelligence into the gaming industry.

Society & Lifestyle

Japan’s Antitrust Watchdog Investigates Google

The Japanese antitrust watchdog has launched an investigation into Google, during which it will be established whether this Internet giant is involved in the practice of using its position in the market to block competing services.

Science & Technology

Samsung Competes With SK Hynix for Leadership in AI Sphere

The dynamic of changes in the value of shares of Samsung Electronics Co. currently demonstrates a movement in the direction of giving way to similar indicators of a smaller competitor of this company in the sphere of memory chip production SK Hynix, which is currently actively developing against the background of the bet of many […]

Society & Lifestyle

Chinese Authorities Investigate Foxconn

The Chinese authorities are once again taking moves that can be described as measures within the framework of the concept of unfriendly attitude towards business, having launched an investigation into the activities of Taiwan-based Foxconn Technology Group, one of Apple’s main partners and one of the largest employers in this country.

Science & Technology

Apple Invests $1B Annually Into AI Integration

Reportedly, the tech giant Apple aims to integrate generative artificial intelligence (AI) across its whole product line, spending about $1 billion per year on the technology upgrade.

Fintech & Ecommerce

Paytm Reports 32% Revenue Growth

Paytm Q2FY24 quarter earnings showed robust revenue growth led by higher subscription revenue and an uptick in the loan distribution business.

Fintech & Ecommerce

Citi Rolls Out New Travel and Expense Management System

Citi announces the launch of a new travel and expense management system for its corporate clients who reside in the United States.

Blockchain & Crypto

Binance Stikes New Fiat Partnership to Restore Euro Support

The crypto exchange signed agreements with a number of new regulated and authorized fiat partners after losing its previous partner PaySafe in September.

Finance & Economics

IMF Forecasts Increase in India’s Contribution to Global Economic Growth

The International Monetary Fund predicts that India’s contribution to global economic growth will increase over the next five years.

Finance & Economics

Global Exodus From Chinese National Equities Shows Growth

Foreign financial managers are leaving posts in some of their largest companies in China’s technology sector.

Finance & Economics

China Plans to Restrict Exports of Graphite

China plans to impose restrictions on the export of graphite, a mineral from the class of native elements, the importance of which in the sphere of production of batteries for electric vehicles is critical.

Finance & Economics

Metropolitan Commercial Bank to Pay Penalty of $15 Million

Metropolitan Commercial Bank (MCB) announced its agreement to pay a fine of $15 million after the completion of an investigation conducted by the New York State Department of Financial Services (DFS).

Science & Technology

WhatsApp to Allow Users to Have Multiple Accounts

WhatsApp has announced the launch of a new feature that will give users of this app the ability to log in to multiple accounts at the same time.

Science & Technology

Amazon, Microsoft and India Authorities to Fight Fraud

The e-commerce giant Amazon and Microsoft, one of the leaders of the global technology sector, reported on cooperation to ensure a high level of consumer protection from fraudulent methods involving the actions of an attacker on behalf of another person or any organization on an illegal basis.

Blockchain & Crypto

SEC Wants to Dismiss Charges Against Ripple CEO and Co-Founder

The SEC previously accused Ripple co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse of misleading investors on a $1B XRP sale.

Finance & Economics

China Injects Record Cash to Sustain Low Rates

Record cash infusion can help rates in China to remain low, motivating lenders to support a higher issuance of government bonds and make more loans to clients.