News - page 191

Fintech & Ecommerce

US Online Holiday Sales to Hit $222B, Driven by Mobile Shopping

According to Adobe Analytics, online holiday sales in the USA are expected to hit $221.8 billion this holiday shopping season (Nov. 1 to Dec. 31), representing 4.8% growth year-over-year (YoY).

Science & Technology

NYC Releases Plan to Regulate AI

New York Mayor Eric Adams on Monday, October 16, presented a plan for the introduction and regulation of artificial intelligence.

Science & Technology

OpenAI Reportedly Readies Share Sale Valuing Company at $90 Billion

The media reports that OpenAI is currently preparing to sell shares with an estimated value of the company at $90 billion.

Science & Technology

Australia Watchdog Fines X

The Australian watchdog for Internet security has fined the social network X, which has been owned by billionaire Elon Musk since October last year.

Science & Technology

Huawei Drives China Stock Boom

Huawei Technologies is currently sparking the hottest stock trading in China.

Science & Technology

TCS Plans to Use Microsoft AI Partnership for Business Growth

Tata Consultancy Services (TCS) plans to start developing software based on artificial intelligence within the framework of cooperation with Microsoft.

Finance & Economics

South Korea’s Nand Flash Memory Chip Exports Show Growth

According to the results of last month, an increase in South Korean exports of Nand flash memory chips was recorded.

Science & Technology

Harman Launches AI Solution for Healthcare

Harman, a subsidiary of Samsung Electronics, has developed a generative artificial intelligence solution for sphere healthcare organizations.

Blockchain & Crypto

Ferrari to Sell Cars for Crypto in US

US citizens will soon be able to buy luxury Ferrari vehicles with crypto. Europe is next in line.

Finance & Economics

Wells Fargo Predicts Continued US Economic Slowdown

Wells Fargo, following the results of the third quarter of this year, recorded an increase in net charge-offs, a decrease in the demand for loans, and a decline in the average volume of deposits.

Science & Technology

Canon Starts Selling Nanoimprint Semiconductor Manufacturing Systems

Canon has announced the start of sales of its nanoimprint systems for the production of semiconductors.

Science & Technology

UK Competition Watchdog Approves Microsoft’s Acquisition of Activision Blizzard

The British competition watchdog has approved the implementation of a deal for Microsoft to acquire the video game firm, Activision Blizzard.

Science & Technology

Meta Works to Prevent Inappropriate Replies From New AI Chatbots

Facebook-parent has been conducting stress testing of new AI-based chatbots for several thousand hours, but still cannot give an absolute guarantee that the digital thinking system will not say something undesirable.

Finance & Economics

China’s Exports and Imports Show Slowdown in Contraction

At the end of September, a decrease in the slowdown in China’s exports and imports was recorded.

Fintech & Ecommerce

EVO Banco Uses AI and Google Maps to Visualize Purchases and Check Their Sustainability

Spanish EVO Banco has launched a new AI-enabled geolocation service to track digital purchases, automatically categorize them and view the sustainability footprint of all merchants involved.

Blockchain & Crypto

Mastercard Reports on Wrapped CBDC Solution Success

Mastercard has participated in the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre’s (DFCRC) central bank digital currency (CBDC) pilot project, showing positive results.