News - page 19

Finance & Economics

Meta, Amazon Surge by $272 Billion

The e-commerce giant Amazon and one of the largest players in the global technological industry Meta have been focused over the past year on implementing measures aimed at reducing costs and reorienting their business.

Science & Technology

Pyxis Raises $3.4M in Seed Funding to Electrify Maritime Vessels

Singapore-headquartered maritime electrification technology startup Pyxis has secured S$4.5 million (US$3.4 million) in a seed funding round led by Motion Ventures and Shift4Good.

Science & Technology

Genesys Acquires AI SaaS Startup Radarr

One of the leading US software companies, Genesys, has agreed to acquire Radar Technologies, which facilitates business decision-making, based on AI-driven real-time online conversation insights.

Finance & Economics

Bank of England Opens Prospect of Rate Cuts in 2024

For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.

Science & Technology

Qualcomm Reports Earnings

Qualcomm last Wednesday, January 31, published its financial results for the quarter ended December 24, 2023.

Fintech & Ecommerce

Mastercard Launches AI Model

Mastercard, which is one of the largest players in the payment industry, announced the creation of its artificial intelligence model.

Fintech & Ecommerce

Experian Launches Security Tool for Car Dealers

Experian has introduced Fraud Protect, a tool with which car sellers will be able to record and prevent criminals from interfering in the process of interacting with customers to steal money or gain access to data classified as confidential information.

Fintech & Ecommerce

TikTok and GoTo Announce Partnership in Indonesia

TikTok and GoTo announced the establishment of a strategic partnership in Indonesia.

Fintech & Ecommerce

FIS Launches Networking Program

Technology company FIS, which specializes in providing financial services, announced the launch of the FIS Fintech Hangouts 2024 series.

Fintech & Ecommerce

RBI Puts Restrictions on Paytm Bank

The Reserve Bank of India (RBI) has banned Paytm Payments Bank from all forms of banking services, including bank transfers and accepting deposits.

Blockchain & Crypto

Bitpanda Launches Institutional Crypto Platform

Austrian fintech unicorn Bitpanda has launched Bitpanda Wealth – a cryptocurrency trading platform catering to the growing demand for institutional crypto services in the EU.

Blockchain & Crypto

China to Revise AML Regulations With Crypto Transaction Cases

The revised law on Anti-Money Laundering (AML) practices in China will take into account the prevention of cryptocurrency use for such illegal purposes.

Science & Technology

OpenAI GPT-4 Poses Little Risk of Helping Create Bioweapons

OpenAI reported that its most powerful artificial intelligence software, called GPT-4 poses a degree of risk in the framework of a potential scenario for its use by humans to create biological weapons.

Fintech & Ecommerce

Walmart Expands Virtual Try-On Tech

Walmart has decided to expand the use of augmented and virtual reality technologies, spreading this offer on eyewear.

Science & Technology

Microsoft Revenues Rise 18%, but Investors Unimpressed With AI Operations Boost

Tech giant Microsoft has announced positive quarterly financial results, but coupled with Alphabet’s earnings data, the numbers left investors unimpressed and wiped off $190B in market value for AI-related companies.

Finance & Economics

German Prices Ease More Than Expected

At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.