News - page 198

Fintech & Ecommerce

Amazon Launches New AI-Powered Feature

Amazon on Monday, August 14, announced the launch of a new feature based on artificial intelligence, which highlights the most important and significant parts of customer reviews of products purchased on the e-commerce giant’s platform.

Science & Technology

SK Telecom Invests Additional $100M in Anthropic AI

In addition to the investment, South Korea’s telecom operator has entered into a partnership agreement with AI provider Anthropic to build a large language model (LLM) customized for telcos

Fintech & Ecommerce

AI Reduces Burden on Supply Chains

Shipping has become one of the areas of use of artificial intelligence, where advanced technology has become a valuable tool.

Blockchain & Crypto

UAE to Establish Blockchain-Based National Carbon Credit System

The Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group LLC and Venom Foundation to jointly establish a national system for carbon credits using blockchain technology

Society & Lifestyle

Disney Introduces New Subscription Solutions

Experts say that changes in Disney’s policy regarding subscription decisions may signal that the company has decided to follow the path of Netflix.

Fintech & Ecommerce

Lender Better.com Plans SPAC Listing in August

Digital Mortgage Lender Better.com plans to become a public company by the end of August.

Blockchain & Crypto

PayPal Launches New Crypto Feature: Select Users Are Soon to Test Cryptocurrencies Hub

To be eligible for the new Cryptocurrencies Hub, a PayPal user must have “a personal PayPal account and a Balance Account in good standing”

Finance & Economics

British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects

The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.

Science & Technology

US Government Gives Green Light to First National Direct Air Capture (DAC) Projects

The Project Cypress by Battelle and clean technology developers Climeworks and Heirloom received Notification of Selection from the U.S. Department of Energy (DOE) for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program

Blockchain & Crypto

Researchers Develop AI System to Track Crypto Giveaway Scams

The AI system discovered over 95K scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the X (former Twitter) social network

Blockchain & Crypto

SEC Delays Its Verdict on Spot Bitcoin ETF

The US securities regulator extended the decision deadline on a joint spot bitcoin ETF application from ARK/21Shares and sought public comment

Fintech & Ecommerce

FinMont to Partner With Chargebacks911

The global payment organization platform FinMont announced the beginning of cooperation with the company for the management of chargebacks Chargebacks911.

Fintech & Ecommerce

Cartwheel Integrates With Toast Partner Ecosystem

Cartwheel, the on-demand delivery management platform, announced integration with the Toast partner ecosystem.

Fintech & Ecommerce

LuLu Group Raises $2.72 Billion

LuLu Group International, which is based in Abu Dhabi and owns one of the largest hypermarket chains in the Middle East, is raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of the expected initial public offering (IPO).

Blockchain & Crypto

Crypto Company Circle to Expand Its Product Line

The Circle Internet Financial crypto company hopes that its $1 billion cash reserve will allow it to withstand the process of competition from so-called non-crypto firms like PayPal Holdings.

Fintech & Ecommerce

Marketplace Instacart Expands SNAP Payment Acceptance

Instacart, an online grocery store, announced the start of accepting electronic payments under the Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) throughout the United States.