Walmart Launches Gamified Marketplace
Walmart and Amazon are long-time competitors that strive to gain young customers, from time to time offering solutions designed to improve their positions in this market struggle.
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Spreedly Launches Partnership With NuORDER
The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.
Cryptocurrency Exchange Gate.HK Faces Regulatory Pressure
Hong Kong-based cryptocurrency exchange Gate.HK has closed down due to non-compliance with local licensing requirements, which will take effect on June 1.
Amazon Reportedly Ramps Up Logistics Expansion
Media reports that Amazon is currently stepping up efforts to expand logistics to improve its competitive position in the market, where companies such as Walmart, Shein, and Temu are also present.
Worldcoin to Stop Iris-Scanning Operations in Hong Kong
Worldcoin, a digital identity scanning startup co-founded by OpenAI CEO Sam Altman, has been notified about the need to stop its operations in Hong Kong.
Nvidia Continues to Benefit From AI
Nvidia last Wednesday, May 22, released information about the financial results of its activities in the last quarter, which proved that this company continues to be one of the main beneficiaries of the so-called artificial intelligence boom.
Lenovo Reports Quarterly Earnings
For the third quarter in a row, Lenovo has published information on financial performance that exceeds preliminary expectations.
Xiaomi’s Sales Demonstrate Growth
The financial results of Chinese Xiaomi for the first quarter of the current year exceeded preliminary expectations, as the process of gradual recovery of the global economy became a factor that created favorable circumstances for the business of this manufacturer of electronic appliances.
Key Political Representatives to Join Open Banking Expo Canada 2024
Toronto, May 22, 2024 – Open Banking Expo Canada is proud to announce the participation of prominent political figures and key policy representatives in its upcoming event on June 11 in Toronto. This year’s conference is poised to host over 600 executives from the Open Banking, Open Finance, and the payments ecosystem at the Metro […]
UK Inflation Slows
In the United Kingdom, the inflation rate in April was the lowest in almost three years.
Microsoft and G42 Announce Geothermal Data Center in Kenya
Microsoft and G42, a leading AI company in the United Arab Emirates, have joined forces to implement a project that involves the construction of a geothermal-powered data center in Kenya.
Wall Street Provides Financing Deals Backed by AI Chips
Wall Street investment companies are striving to take advantage of the artificial intelligence industry, which is currently demonstrating a high intensity of development and scaling.
UK Regulators Fine Citi
In the United Kingdom, local regulators imposed a fine of 62 million pounds ($79 million) on bank Citi, which head office is located in New York.
Fed’s Christopher Waller Says About Conditions for Lowering of Interest Rates
Federal Reserve Governor Christopher Waller said that to decide on easing monetary policy, which provides for a cut in interest rates, it is necessary to receive several more positive reports on the dynamic of inflation.
Nvidia and Kyndryl to Help Businesses Implement GenAI
Kyndryl has teamed up with Nvidia to provide technology and services to businesses that seek to implement solutions based on generative artificial intelligence.
DoorDash Scales Ulta Partnership to All 50 States
DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.
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