Atlanta Fed Chief Says About Prospects of Rate Cuts
Atlanta Fed President Raphael Bostic described the most likely, in his opinion, trajectory of the inflationary process in the United States in the current year as slow and bumpy.
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Mashreq Introduces NEO Credit for Salaried Customers
Middle East banking pioneer Mashreq has launched the NEO Credit solution to offer small-sized loans for salaried individuals.
Nvidia Exceeds Amazon in Market Value
Nvidia Corp. on Monday, February 12, overtook Amazon.com Inc. in terms of the indicator of the company’s market value.
New Zealand Central Bank Head Says About Instability of Stablecoins
The Governor of the Reserve Bank of New Zealand, Adrian Orr, expressed concern about digital currencies, calling them oxymorons and the biggest misnomers.
Elon Musk Must Testify in SEC’s Twitter Probe
A federal judge has ordered Elon Musk to testify as part of a probe by the United States Securities and Exchange Commission (SEC) into the $44 billion takeover of Twitter.
Google One Surpasses 100 Million Subscribers
The number of participants in Google One, the technology giant’s subscriber program, has exceeded the landmark score of 100 million people.
OpenAI CEO Reportedly Pitches $7 Trillion AI Funding Project
The media reports that Sam Altman, CEO of OpenAI, is currently pitching an artificial intelligence project to investors, the cost of which is several trillion dollars.
Revolut Launches Phone Plans for Travelers
Revolut, based in the United Kingdom and operates in the sphere of financial technologies, announced the launch of phone plans.
Disney Tests AI Tool
Disney is currently beta-testing a new advertising tool for its streaming services that matches marketing videos with scenes in shows and movies.
OpenAI Reportedly Surpasses $2 Billion in Annualized Revenue
The media reports that OpenAI’s annual revenue exceeded the $2 billion mark in December.
Barclays to Acquire Tesco Bank
Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, operating infrastructure, deposits, and unsecured personal loans.
Taiwan Expects AI Investments of $7.3 Billion in 2024
Taiwan, which has become a global technology giant in recent years, expects that the volume of investments in the local artificial intelligence industry in the current year will amount to $7.3 billion, as the manufacturing industry of this country develops in the context of a global trend, demonstrating an increase in exports as part of […]
Chinese Banks Loans Hit All-Time Monthly High
During January, local financial institutions in China issued a record number of loans to citizens.
Japan Earmarks $300 Million to Fire Up Chip Research
Japan intends to allocate up to 45 billion yen ($300 million) in funding to support a research group that develops advanced chip manufacturing technologies.
Amazon and Mastercard Join AI Safety Initiative
Amazon and Mastercard are among dozens of participants in a new initiative by the United States government aimed at providing security for artificial intelligence.
Pinterest Reports Earnings
The share price of Pinterest last Thursday, February 8, showed a drop against the background of the publication by this company of a revenue report for the fourth quarter of 2023, which turned out to be disappointing relative to the preliminary expectations of experts on the relevant occasion, and of a forecast containing weak estimates […]
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