News - page 238

Blockchain & Crypto

Web3 Initiative to Train AI in Chat-To-Earn Style

BlockGPT aims to create a ChatGPT-style artificial intelligence ecosystem on the blockchain, introducing “chat to earn” reward opportunities alongside the tokens

Society & Lifestyle

Musk Steps Down as Twitter CEO: Who Will Substitute Him?

After about half a year since Elon Musk bought Twitter and took the company private, the billionaire announced he will no longer be the media platform’s CEO, putting the company under female supervision

Society & Lifestyle

UK Food Bank Uses QR Codes and Biometrics to Distribute Food to Those in Need

Already available in a trial mode, the innovative food bank initiative enables people fighting personal crises and poverty to spend dedicated charitable funds at local grocery stores using QR code payment technology

Science & Technology

Roblox Gamers Spend $773 Million on Virtual Currency Robux in Q1

The Roblox gaming platform reported a significant increase in the level of user activity and growth in sales of the in-game currency Robux in the first quarter of 2023.

Science & Technology

Microsoft Makes Strategic Investment Into Builder.ai

Builder.ai joined a group of companies that need their own native applications by signing a strategic cooperation agreement with Microsoft.

Fintech & Ecommerce

Citi Adds Installment Loans and Lines of Credit Options to Retail POS

Citi Retail Services is adding new point-of-sale (POS) lending capabilities to its built-in payment services.

Fintech & Ecommerce

Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet

Earnings reports indicate that the profitability of the largest players in the online car sales market is declining amid the actions of retailers to reduce inventory.

Fintech & Ecommerce

Robinhood CEO Says Every Company to Transition Into AI Company

The co-founder and chief executive officer of Robinhood Markets, Vlad Tenev, during the earnings report for the first quarter of 2023 to investors, said that over time, each company will be forced to integrate artificial intelligence-based tools into its business structure.

Fintech & Ecommerce

Mastercard Opens D&S Hub in Kuala Lumpur

Mastercard launched its new data and services (D&S) hub in Kuala Lumpur, which will nurture a talent pipeline and serve clients in the areas of cybersecurity, credit risk, and data analytics across the Asia Pacific region

Fintech & Ecommerce

MobilityOne and Wibmo Partner to Enter Prepaid Card Market in Malaysia

The partnership enables the two companies to foray into the Malaysian prepaid card market with various prepaid programs catering to consumer, corporate, government and the health sector Wibmo, a subsidiary of PayU, has partnered with the Malaysian payment firm MobilityOne to back the issuance of Mastercard prepaid cards in Malaysia through its prepaid platform Wibmo Hexa. Using […]

Finance & Economics

Disney+ Streaming Service Loses 4 Million Subscribers in First Quarter

Disney has announced that its flagship streaming service has lost 4 million subscribers in the first three months of this year.

Science & Technology

Google Unveils New AI Features, Opens Bard for General Public

Forget about the waitlist for Bard – ChatGPT rival created by the tech giant Google. It is now available in over 180 countries and territories, with support for 40 more languages coming soon. Besides, Google has presented the new exciting AI-enabled features of its existing products

Society & Lifestyle

Briton Pleads Guilty in US to 2020 Twitter Hack

A British citizen extradited to the United States in April pleaded guilty in New York to involvement in one of the largest hacks in the history of social networks.

Finance & Economics

Ascend Raises $25 Million for Pre-Seed AI Startups in Pacific Northwest

Ascend, which is based in Seattle and operates in the field of artificial intelligence, announced the closure of the second round of raising funding for $25 million.

Finance & Economics

Sound Ventures Invests Half Its $240 Million AI Fund Into Three Companies

The Beverly Hills, California-based venture capital firm Sound Ventures, led by general partners Ashton Kutcher, Guy Osiri, and Effie Epstein, announced the creation of a new $240 million artificial intelligence fund last week, already half of this money has been invested in three companies: OpenAI, Anthropic, and Stability.AI.

Fintech & Ecommerce

Akurateco Сollaborates With World-Card to Integrate Pix Payment Method

  Akurateco, a European-based global white-label payment gateway provider, has recently announced its latest integration with Pix, the instant payment method in Brazil. The partnership was formed with the help of World-Card, a global payment solution provider. Launched in November 2020, Pix is an instant payment system that was developed by the Central Bank of […]