News - page 229

Microsoft Forms AI Partnership With Startup Semafor
Science & Technology

Microsoft Forms AI Partnership With Startup Semafor

Microsoft has launched a partnership in the artificial intelligence industry with a news startup called Semafor.

Sri Lanka Eyes $5 Billion in Foreign Funds
Finance & Economics

Sri Lanka Eyes $5 Billion in Foreign Funds

Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.

China’s Services Activity Expands at Slow Pace
Finance & Economics

China’s Services Activity Expands at Slow Pace

In China, an increase in the level of activity in the local sphere of services was recorded last month, the intensity of which turned out to be lower than the indicator of preliminary expectations regarding this parameter of the functioning of the corresponding area.

EU to Advance AI Act
Science & Technology

EU to Advance AI Act

As France and Germany withdrew their objections to the AI Act, the EU can proceed with the next steps required for implementing the regulation.

Jeff Bezos Plans to Sell Up to 50 Million Amazon Shares
Finance & Economics

Jeff Bezos Plans to Sell Up to 50 Million Amazon Shares

Jeff Bezos intends to sell up to 50 million shares of Amazon.com Inc. over the next 12 months.

India to Review Tax on Online Gaming
Finance & Economics

India to Review Tax on Online Gaming

India intends to review the national sales tax regime for companies that operate in the sphere of online gaming after March of the current year.

UniCredit Shares Demonstrate Growth
Finance & Economics

UniCredit Shares Demonstrate Growth

UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.

B2B Payments to Reach $124 Trillion Globally by 2028
Fintech & Ecommerce

B2B Payments to Reach $124 Trillion Globally by 2028

A new study from Juniper Research, revealed that the value of B2B payments will grow 40% by 2028, up from $89 trillion in 2024, largely due to digital payment adoption in developing markets.

PayTabs Partners With Nearpay for SoftPOS Improvement
Fintech & Ecommerce

PayTabs Partners With Nearpay for SoftPOS Improvement

PayTabs and Nearpay aim to offer customers across Jordan and other regional markets an enhanced SoftPOS payment experience.

Numerous Paytm Bank Accounts Suspected of Money Laundering
Fintech & Ecommerce

Numerous Paytm Bank Accounts Suspected of Money Laundering

Along with banning Paytm Payments Bank from all forms of banking services, the Reserve Bank of India (RBI) has passed information about thousands of suspicious bank accounts to the country’s financial crime-fighting agency.

IMF Chief Says About Advantage of Late Fed Rate Cuts
Finance & Economics

IMF Chief Says About Advantage of Late Fed Rate Cuts

The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.

Bank of England Governor Andrew Bailey Embraces AI
Fintech & Ecommerce

Bank of England Governor Andrew Bailey Embraces AI

Governor of the Bank of England Andrew Bailey agrees with the opinion of the House of Lords that artificial intelligence should not be perceived as a risk to business.

Apple Starts Vision Pro Headset Sales
Science & Technology

Apple Starts Vision Pro Headset Sales

Apple on Friday, February 2, launched sales of its new product, which is an augmented reality headset called Vision Pro, in the United States market.

Google Maps to Add AI-Powered Recommendations
Science & Technology

Google Maps to Add AI-Powered Recommendations

Google Maps will soon help customers discover new places by launching a new feature powered by generative artificial intelligence technology.

Amazon Beta Launches AI Shopping Assistant
Fintech & Ecommerce

Amazon Beta Launches AI Shopping Assistant

Amazon has announced the launch of a beta version of a new virtual shopping assistant based on generative artificial intelligence.

Lenovo’s Bad Week Highlights Fear Over US Sanctions
Science & Technology

Lenovo’s Bad Week Highlights Fear Over US Sanctions

Lenovo Group spent last year in high spirits, influenced by a sense of unshakeable optimism about the prospects for artificial intelligence, but 2024 began for the company in a negative scenario, showing more reasons for pessimism against the background of geopolitical tensions, including in the context of a marked deterioration in relations between the United […]