Revolut Reportedly Denies British Customers Reimbursement Requests
The media reports that Revolut refused to reimburse thousands of customers in the United Kingdom after how they were defrauded.
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AI Startup Cohere Reaches $5.5 Billion Value
Startup Cohere Inc., which operates in the area of artificial intelligence, is currently one of the most valuable AI companies in the world and one of the largest early-stage firms in Canada, but there are not many mentions of it in the media space compared to competitors from Silicon Valley, although there is a reason […]
Jifiti Launches ‘Tap Now, Pay Later’ to Embed Loan Products Into Digital Wallets
Tap Now, Pay Later technology enables consumers and businesses to add their approved loan or credit funds to any digital wallet via a virtual card.
Alphabet to Report Q2 Growth
It is expected that data on the second-quarterly revenue of Alphabet, the parent company of Google, will show an increase of 14% year-on-year, as reported by the media with reference to their own calculations and estimates of the interviewed experts.
Hong Kong to Launch Inverse Bitcoin ETF
The new inverse Bitcoin ETF enables investors to profit from the crypto asset price declines
China Cuts Interest Rates
In the space of China’s economic system, which is currently the second largest in the world, an unexpected decision by the financial authorities was recorded in the form of lowering borrowing costs.
Google Reportedly to Lead $250 Million Round by Mobile Startup Glance
The media reports that the Indian mobile content provider Glance is currently in active negotiations on raising capital as part of a funding round led by the current backer, which is Google.
Global IT Outage Highlights Fragility of Digital Infrastructure
A defective cybersecurity software update stalled the work of major global airlines, delivery companies, healthcare services and banks on Friday.
Fed’s John Williams Says About Prospects of Changes in Monetary Policy
Federal Reserve Bank of New York President John Williams said that the long-term trends that led to the reduction of neutral levels for interest rates before the outbreak of the coronavirus pandemic still prevail.
Xiaomi Presents First Flip Phone
Xiaomi on Friday, July 19, presented its first flip phone.
China to Intensify Support for Equipment Upgrades
Beijing intends to strengthen measures to support the implementation of the program for the modernization of equipment and trade in consumer goods.
Huawei Collaborates With ZGCMC to Drive AI Adoption
Huawei Technologies has launched a partnership with Sichuan Zigong Conveying Machine Group Co (ZGCMC).
AI Giant iFlytek to Invest in Hong Kong
One of the biggest players in China’s artificial intelligence industry, iFlytek, presented a five-year investment plan for the activity in Hong Kong on Friday, July 19.
OpenAI Launches GPT-4o Mini
OpenAI has presented a more affordable and slimmed-down version of its flagship artificial intelligence model.
Samsung to Acquire Startup Oxford Semantic
On Thursday, July 18, Samsung Electronics announced it has agreed to acquire Oxford Semantic Technologies, a United Kingdom-based startup specializing in technologies that can be used for more sophisticated artificial intelligence apps.
UK Wage Growth Demonstrates Slowdown
A slowdown in the rate of wage growth was recorded in the United Kingdom.
