Taiwan Blocks Uber’s $950 Million Foodpanda Deal
Taiwan has blocked Uber Technologies’ purchase of Delivery Hero’s Foodpanda business on the island.
News - page 2
Japan’s Budget to Hit Record
The Japanese government is set to compile a record $735 billion budget for the fiscal year from April due to increased social security and debt-servicing costs, adding to the industrial world’s heaviest debt.
Google Reportedly Uses Anthropic’s Claude to Improve Its Gemini AI
The media has released information that contractors who are working to improve Google’s artificial intelligence system called Gemini are comparing responses generated by this virtual product with outputs received from a competing AI model, Anthropic’s Claude.
Big Banks Sue Fed Over Annual Stress Tests
In the United States, a group of banks and business groups are suing the Federal Reserve as part of an annual banking stress test.
Anatomy Financial Raises $19 Million
Anatomy Financial raised $19 million as part of the Series A funding round.
S&P 500 Rises 1% on Christmas Eve
In the United States, the stock market experienced an upward dynamic on Christmas Eve.
Meta Platforms Bets on AI
The era of artificial intelligence as a kind of historical moment, if it has not yet fully become a state of affairs reflecting the content of the current condition of the global technology sector, then it will definitely be one soon since there are no more advanced functional systems and there is also no higher […]
CIMB and Gentari to Drive Green Mobility and Facilitate Decarbonisation
Malaysia’s clean energy solutions provider Gentari has teamed up with the local bank CIMB Group Holdings Berhad to promote green mobility and decarbonise the value chain across the ASEAN region.
Visa Analysis Reveals Online Holiday Shopping Growth
Online retail shopping during the holiday season increased by 7.1%, according to Visa observations, though the majority of purchases still take place in brick-and-mortar stores.
Crypto.com Launches U.S. Custody Trust Company
Crypto.com exchange expands its institutional services in the U.S. with the dedicated entity – Crypto.com Custody Trust Company.
Amazon and Universal Music to Combat Unlawful AI-Generated Content
Amazon and Universal Music Group (UMG) have expanded the scope of their partnership.
Retailer Party City Files for Bankruptcy
Retailer Party City, which has been facing difficulties since the coronavirus pandemic, filed for Chapter 11 bankruptcy protection in the United States last weekend for the second time in two years.
Klarna Becomes Default Option for WooCommerce
Klarna payments will be automatically enabled for all the new merchants using the WooCommerce platform.
Nordstrom to Go Private
Nordstrom, the luxury department store chain, announced on Monday, December 23, that it would become a private company after it agreed to a buyout deal valued at approximately $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.
Xerox to Buy Printer Maker Lexmark
Xerox will acquire Lexmark International, a Chinese-owned company specializing in printer-making and printing software development.
Apple Approaches $4 Trillion Valuation
Apple is currently approaching its historical market capitalization indicator of $4 trillion.
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