FTC Fines Avast
Avast, a company specializing in developing cybersecurity software, has been fined $16.5 million by the US Federal Trade Commission (FTC).
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Google CEO Says About Specificity of AI as Cybersecurity Tool
Google CEO Sundar Pichai said that the rapid development of artificial intelligence can enhance security protection in cyberspace.
Golden Ventures Secures $100 Million to Invest in Canada’s Tech Ecosystem
Golden Ventures, a Canadian-based venture capital firm, has closed over its fifth fund of more than $100 million.
Grab Reports First Ever Quarterly Profit
Grab, a Malaysian company specializing in logistics and delivery services has reported its first profitable quarter.
Kraken Aims to Dismiss SEC Suit to Avoid Dangerous Precedent
Kraken has filed to dismiss an SEC lawsuit that would grant the regulator “boundless authority over commerce and potentially open up the floodgates to private securities law claims,” in the crypto exchange’s opinion.
US Manufacturing Activity Demonstrates Growth
It was fixed the increase in manufacturing activity in the United States.
South Africa to Start to Work on Stablecoin Regime
South Africa’s Intergovernmental Fintech Working Group will conduct analytical research on the use cases of stablecoins and will pay attention to the consideration of appropriate policy measures and regulation of the digital currency during 2024.
Google Reportedly to Start Manufacturing Pixel Smartphones in India by Next Quarter
The media reported that Google plans to launch production of its Pixel smartphones in India by the next quarter.
Google Pauses Gemini AI Image Generator
Google on Thursday, February 22, announced the decision to suspend the operation of the image generation function, which is included in the list of capabilities of the artificial intelligence model called Gemini.
Nvidia Reports Earnings
Nvidia, the world’s largest chip manufacturer, has become one of the beneficiaries of the so-called artificial intelligence boom, which is confirmed by the financial results of this company.
PhonePe Launches India Mobile App Store
The fintech company PhonePe Pvt., which is part of the Walmart ownership structure, announced the launch of a digital mobile apps store for consumers from India.
World Bank Declares Importance of Much Faster Growth of Emerging Economies
The World Bank, which is based in Washington, D.C., warns that the high cost of borrowing has become a factor that has dramatically changed the need of developing countries to stimulate economic growth that demonstrates such features that can be described as sluggishness and weakness within the framework of the simplified formulation method.
China’s Economic Troubles Hurt HSBC
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
Amazon to Launch Fast Fashion Store in India
Amazon Bazaar platform will offer a selection of affordable unbranded clothing and accessories to value shoppers in India.
Adobe Launches AI Assistant
Last Tuesday, February 20, Adobe launched a digital assistant based on artificial intelligence.
Uber Eats Pilots Robo-Delivery in Japan
As Japan is easing traffic laws to allow free movement of self-driving delivery robots, Uber Eats jumps on the bandwagon with food delivery by Cartken’s autonomous sidewalk robot.
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