News - page 188

US Producer Prices Demonstrate Growth
Finance & Economics

US Producer Prices Demonstrate Growth

In the United States in June, producer prices demonstrated the dynamic of growth, which turned out to be higher than preliminary forecasts regarding the rate of movement of the corresponding indicator along an upward trajectory.

Wells Fargo Reports Second-Quarter Profit
Finance & Economics

Wells Fargo Reports Second-Quarter Profit

Wells Fargo has released information on its results of operations for the second quarter of the current year.

JPMorgan Chase Reports Second-Quarter Revenue
Finance & Economics

JPMorgan Chase Reports Second-Quarter Revenue

JPMorgan Chase on Friday, July 12, released information about its earnings for the second quarter of the current year.

Mastercard and Network International Roll Out Business Payment Solutions in UAE
Fintech & Ecommerce

Mastercard and Network International Roll Out Business Payment Solutions in UAE

Network International presented new solutions for business transactions in the United Arab Emirates (UAE).

Skild AI Raises $300 Million
Science & Technology

Skild AI Raises $300 Million

Skild AI has announced that it has managed to increase investment funds by $300 million as part of the Series A financing round.

OpenAI Reportedly Prepares Plan for Movement to AGI
Science & Technology

OpenAI Reportedly Prepares Plan for Movement to AGI

The media reports that OpenAI has developed an action strategy, the ultimate goal of which is artificial general intelligence (AGI).

Coinbase Introduces New Wallet Web App With Unified Onchain Monitoring
Blockchain & Crypto

Coinbase Introduces New Wallet Web App With Unified Onchain Monitoring

The new Coinbase Wallet web app enables users to connect multiple self-custodial wallets and access all their onchain assets, including crypto, NFTs, and DeFi positions, in one place.

AMD to Acquire Startup Silo AI
Science & Technology

AMD to Acquire Startup Silo AI

Last Wednesday, July 10, Advanced Micro Devices (AMD), based in California, announced the acquisition of Finnish startup Silo AI, which operates in the artificial intelligence industry.

Samsung Plans to Launch Upgraded Voice Assistant Bixby
Science & Technology

Samsung Plans to Launch Upgraded Voice Assistant Bixby

This year, the South Korean technology giant Samsung intends to present a new version of its voice assistant Bixby.

Markaaz CEO Says Modern Take on Data Helps Lenders to Close Small Business Identity Gap
Fintech & Ecommerce

Markaaz CEO Says Modern Take on Data Helps Lenders to Close Small Business Identity Gap

Markaaz Chief Executive Officer Hany Fam, during a conversation with media representatives, stated that in an era when Know Your Customer and Know Your Business initiatives are crucial, financial institutions and other companies do not know how to accurately identify risks and impostors, which entails the risk of fines and increases vulnerability in terms of […]

BNP Paribas and Mistral AI Forge Banking Pact
Fintech & Ecommerce

BNP Paribas and Mistral AI Forge Banking Pact

French bank BNP Paribas has announced the beginning of a large-scale partnership with Mistral AI, a startup based in the same country operating in the artificial intelligence industry.

OpenAI Partners With Los Alamos National Laboratory
Science & Technology

OpenAI Partners With Los Alamos National Laboratory

OpenAI began to cooperate with Los Alamos National Laboratory, which is known for developing the world’s first atomic bomb.

Goldman Sachs Asset Managers Expects Slowdown in US Economy Growth
Finance & Economics

Goldman Sachs Asset Managers Expects Slowdown in US Economy Growth

Goldman Sachs Asset Management (GSAM) executives expect the United States economic system to show slower growth rates in the second half of the current year.

Jerome Powell Says About Threat of Long Period of High Interest Rates for Economic Growth
Finance & Economics

Jerome Powell Says About Threat of Long Period of High Interest Rates for Economic Growth

The Chairman of the Federal Reserve System, Jerome Powell, on Tuesday, July 9, expressed concern that keeping interest rates at a high level for too long could pose a threat to the growth of the United States economy.

US Economy Faces Threat of Unemployment
Finance & Economics

US Economy Faces Threat of Unemployment

Over the past few years, the main danger to the condition of the United States economic system has been inflation, but over time the list of unfavorable facts of reality has expanded, adding a new threat.

Ecommpay to Enable Recurring PayPal Payments
Fintech & Ecommerce

Ecommpay to Enable Recurring PayPal Payments

Ecommpay merchants will now be able to collect recurring PayPal payments from customers in addition to leveraging subscription card payments and direct debit options which were added earlier.