News - page 192

Meta Considers News Blocking From Facebook in Australia
Science & Technology

Meta Considers News Blocking From Facebook in Australia

Meta is currently considering blocking news content on its Facebook digital platform in Australia.

Honor CEO Says About Importance of Security Amid AI Development
Science & Technology

Honor CEO Says About Importance of Security Amid AI Development

Chief Executive Officer of Honor George Zhao, during a conversation with media representatives, said that the transformative power of artificial intelligence has no value if user data is not protected.

IMF Says About US Big Deficit
Finance & Economics

IMF Says About US Big Deficit

The International Monetary Fund (IMF) said last Thursday, June 27, that the United States currently has too big a fiscal deficit, and this country is burdened with too much debt.

UK GDP Demonstrates Growth
Finance & Economics

UK GDP Demonstrates Growth

The economy of the United Kingdom left the territory of the materialization of the negative recession scenario ahead of the time that experts and analysts predicted.

Thomas Barkin Says About US Ongoing Battle Against Inflation
Finance & Economics

Thomas Barkin Says About US Ongoing Battle Against Inflation

Thomas Barkin, President of the Federal Reserve Bank of Richmond, said that the process of combating inflation is currently underway in the United States.

Gulf Edge & Google to Develop Sovereign Cloud Service in Thailand
Science & Technology

Gulf Edge & Google to Develop Sovereign Cloud Service in Thailand

Google Cloud and Gulf Edge are bound to deliver innovative AI-ready sovereign cloud services in Thailand in compliance with the country’s stringent data residency, security, and privacy requirements.

Bolivia Lifts Crypto Ban
Blockchain & Crypto

Bolivia Lifts Crypto Ban

After a four-year ban, Bolivia authorized crypto payments in the country.

99% of Businesses to Use AI for Financial Reporting by 2027: KPMG
Finance & Economics

99% of Businesses to Use AI for Financial Reporting by 2027: KPMG

Besides the nearly universal use of artificial intelligence in financial reporting, companies also expect auditors to increasingly use AI to drive more proactive and predictive evaluation.

SoftBank to Invest in AI Startup Perplexity
Science & Technology

SoftBank to Invest in AI Startup Perplexity

Vision Fund 2, part of the ownership structure of SoftBank Group Corp., invests in the startup Perplexity, which operates in the artificial intelligence industry.

Nubank Acquires Hyperplane
Fintech & Ecommerce

Nubank Acquires Hyperplane

Nubank’s digital banking platform has implemented the deal to acquire Hyperplane, a company specializing in data intelligence.

Security Company iVerify Raises $12 Million
Science & Technology

Security Company iVerify Raises $12 Million

Security company iVerify raised $12 million for its endpoint detection and response (EDR) solution.

Nvidia CEO Says About Rising Competition
Science & Technology

Nvidia CEO Says About Rising Competition

Nvidia chief executive officer Jensen Huang last Wednesday, June 26, said that the current significant advantage of this company in the area of chips for artificial intelligence systems was achieved as a result of a bet made more than ten years ago, based on investments in AI worth billions of dollars and a team of […]

Amazon Hits $2 Trillion in Value
Fintech & Ecommerce

Amazon Hits $2 Trillion in Value

Amazon.com Inc. has reached a market capitalization of $2 trillion for the first time in its history.

South Korea Kicks Off $19 Billion of Chip Loans
Science & Technology

South Korea Kicks Off $19 Billion of Chip Loans

South Korea will start providing financial aid to chip manufacturers in July.

Malaysia Gains Chinese Investors to Build More Data Centers
Science & Technology

Malaysia Gains Chinese Investors to Build More Data Centers

Malaysian Economy Minister Rafizi Ramli said that the country’s leadership is currently negotiating with potential investors from China about their possible participation in data center construction projects.

SaaS Company Payabli Raises $20 Million
Fintech & Ecommerce

SaaS Company Payabli Raises $20 Million

Payabli, which specializes in developing a payment infrastructure solution, was able to raise $20 million in investment funds as part of a Series A financing round.