TikTok Partners With Atome for Malaysia E-Commerce
TikTok’s e-commerce unit announced that it has reached an agreement on a partnership with the fintech platform Atome, which is part of the ownership structure of Advance Intelligence Group.
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UK Regulator to Roll Out Isolated Environment for Testing Financial Apps
The Financial Conduct Authority of the United Kingdom (FCA) intends in the foreseeable future to provide companies with access to an isolated technological environment in which firms will be able to test the functioning of their digital products at an early stage of development.
Myanmar Shadow Government to Launch Neobank to Finance Fight Against Military Junta
The shadow government of Myanmar, the National Unity Government (NUG), plans to create a neobank, whose activities will be carried out on the Polygon platform.
Mizuho to Create Fund to Support Japanese Tech Startups
Mizuho Financial Group announced plans to create a debt fund that will focus on supporting Japanese startups operating in the technology sector.
Apple Reportedly Works On AI Tools
The media reports that Apple is currently actively developing artificial intelligence tools.
Netflix Reduces Availability of Ad-Free Plan
Netflix announced a restriction on the availability of the cheapest monthly tariff plan, which provides for the absence of advertising.
Citi Rolls Out Working Capital Loans
Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.
Microsoft CEO Defends AI Pricetag
The CEO of Microsoft said that the decision of the technology giant to charge a fee of $30 per month for consumers’ access to artificial intelligence functions was fair and justified.
Societe Generale Unit Gets Crypto License
The blockchain unit of Societe Generale announced the receipt of a license, which was issued within the framework of the new cryptography rules in France.
Westpac Splits Consumer and Business Banking Unit
The combined Westpac business unit is going to be split into two, each with its own CEO
Meta and Microsoft Launch New AI LLM Llama 2
The new AI open-source large language model from Meta and Microsoft is trained on 40% more public data and can process twice as much context as Llama 1: can it compete with ChatGPT?
Softbank Invests in AI Company Tractable
Tractable, which has created computer vision and related artificial intelligence designed to remotely assess damage to property and vehicles, has raised investment funds in the amount of $65 million following the results of the Series E funding round.
Spain Antitrust Watchdog Fines Amazon and Apple
In Spain, the local antitrust regulator fined Amazon and Apple.
LG Unveils New Version of AI Software
The South Korean company LG Group presented a new version of its software for artificial intelligence Exaone and demonstrated its use in various fields of business and industry.
Nordea Is a New Owner of Danske Bank Norway Business
The Nordic region’s biggest bank Nordea is to acquire the Norwegian personal customer and private banking business of Danske Bank
Foxconn Buys Apple Equipment
Over the past year, Foxconn Technology Group has acquired from Apple the equipment necessary to establish production activities, with a total value of $33 billion.
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