Meta Reportedly Looks to Tencent to Relaunch Business in China
The media reported that Meta is currently trying to establish cooperation with the Chinese company Tencent in order to resume operations in that country.
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Goldman Sachs Reportedly Tries to Bail on Apple Card
Goldman Sachs is currently considering an action plan to complete the partnership program with Apple.
Australian Firm Facilitate Corp Sues Twitter
An Australian company that carries out project management activities has filed a lawsuit against Twitter in a US court.
Apple Cuts Vision Pro Goals After Production Issues
Apple has decided to reduce the production goals of Vision Pro.
AI Companies Hunt for San Francisco Offices
The company Hive, which operates in the field of artificial intelligence, announced the subletting of three floors of an office located in the center of San Francisco.
Singapore Tells Crypto Platforms to Keep Client Money in Trust
In Singapore, local authorities intend to require cryptocurrency exchanges to implement the practice of storing client assets in trust management as part of their activities.
Levit Raises $46 Million
Seoul-based e-commerce company Levit, the operator of the Alwayz shopping app, announced the raising of investment funds for $46 million following the results of the Series B financing round.
Authentic Brands Group Gains $500 Million Investment to Support Expansion
Authentic Brands Group received an initial investment of $500 million from the joint stock company General Atlantic.
Citigroup Reportedly Reviews Deal With Metaco to Develop Digital Asset Custody
The media reported that the American financial conglomerate Citigroup is currently reviewing the concept of its partnership with the Swiss custodian of digital assets Metaco.
Netherlands to Restrict Chip Equipment Exports
The Netherlands reported on the decision to restrict the export of certain equipment that is necessary for the production of semiconductors, to China.
AI Video Startup Runway Raises $141 Million
The company Runway AI, which produces software for artificial intelligence, with which you can create short videos based on a minimal verbal request, announced the raising of investment funds in the amount of $141 million.
Inflection AI Raises $1.3 Billion
The startup Inflection AI, which is currently working on creating a chatbot called Pi, reported that it managed to raise investment funds in the amount of $1.3 billion.
TikTok Dangles Zero Seller Fees Ahead of US Marketplace Debut
The TikTok video application, which is part of the ByteDance ownership structure, has begun positioning itself as a free trading platform within the framework of seminars and meetings with Chinese manufacturers and exporters.
Bidenomics: Blame Crypto for it All
As part of his presidential tenure and subsequent campaign for re-election, US President Joe Biden is committed to targeting the cryptocurrency industry and its traders. In yet another speech, Biden stated his determination to alter the existing tax system by eliminating ‘loopholes’ that “help wealthy crypto traders”. Aforementioned loopholes, however, don’t seem to be real. […]
Apple Eyes Historic $3 Trillion Valuation Amid Big Tech Surge
Apple is approaching a historically important moment in its existence, which will be a record indicator of the company’s market value.
Mastercard Empowers Consumers to Unsubscribe From Unwanted Services
A new joint solution by Mastercard and Subaio offers a simple, secure way to identify unwanted recurring payments and unsubscribe from them via banks’ trusted apps and online servicing
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