Qualcomm Reports Earnings
Qualcomm last Wednesday, January 31, published its financial results for the quarter ended December 24, 2023.
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Mastercard Launches AI Model
Mastercard, which is one of the largest players in the payment industry, announced the creation of its artificial intelligence model.
Experian Launches Security Tool for Car Dealers
Experian has introduced Fraud Protect, a tool with which car sellers will be able to record and prevent criminals from interfering in the process of interacting with customers to steal money or gain access to data classified as confidential information.
TikTok and GoTo Announce Partnership in Indonesia
TikTok and GoTo announced the establishment of a strategic partnership in Indonesia.
FIS Launches Networking Program
Technology company FIS, which specializes in providing financial services, announced the launch of the FIS Fintech Hangouts 2024 series.
RBI Puts Restrictions on Paytm Bank
The Reserve Bank of India (RBI) has banned Paytm Payments Bank from all forms of banking services, including bank transfers and accepting deposits.
Bitpanda Launches Institutional Crypto Platform
Austrian fintech unicorn Bitpanda has launched Bitpanda Wealth – a cryptocurrency trading platform catering to the growing demand for institutional crypto services in the EU.
China to Revise AML Regulations With Crypto Transaction Cases
The revised law on Anti-Money Laundering (AML) practices in China will take into account the prevention of cryptocurrency use for such illegal purposes.
OpenAI GPT-4 Poses Little Risk of Helping Create Bioweapons
OpenAI reported that its most powerful artificial intelligence software, called GPT-4 poses a degree of risk in the framework of a potential scenario for its use by humans to create biological weapons.
Walmart Expands Virtual Try-On Tech
Walmart has decided to expand the use of augmented and virtual reality technologies, spreading this offer on eyewear.
Microsoft Revenues Rise 18%, but Investors Unimpressed With AI Operations Boost
Tech giant Microsoft has announced positive quarterly financial results, but coupled with Alphabet’s earnings data, the numbers left investors unimpressed and wiped off $190B in market value for AI-related companies.
German Prices Ease More Than Expected
At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.
Probability of Interest Rate Cut by Bank of England Grows
The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.
Visa and Transak to Enable Crypto-to-Fiat Withdrawals
Cooperation between the Visa payment network and Web3 infrastructure provider Transak will facilitate crypto-to-fiat withdrawals without centralised exchanges involved.
India Cuts Tariffs to Entice iPhone Manufacturing
The Indian leadership has decided to reduce taxes on the import of several components for mobile devices.
Samsung Electronics Posts Drop in Operating Profit
Samsung Electronics on Wednesday, January 31, published data according to which the company’s operating profit for the fourth quarter of last year showed a decline of 34.57% compared to the result for the same period in 2022.
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