News - page 238

Finance & Economics

Silicon Valley Bank Employees to Get Back Some Money

Media reports that Silicon Valley Bank employees are returning some of the money after a period of uncertainty.

Science & Technology

OpenAI Previews Business Plan for ChatGPT

OpenAI announced plans to introduce a new subscription level for ChatGPT, an artificial intelligence-based chatbot adapted to the needs of corporate clients.

Fintech & Ecommerce

FTC Returns $1.1 Million to Consumers After Free Trial Settlement

The US Federal Trade Commission (FTC) is returning $1.1 million to consumers who were misled by deceptive offers of the so-called free trial of products.

Blockchain & Crypto

Binance Reverses Course and Abandons $1 Billion Voyager Deal

Binance.US crypto exchange has terminated the agreement to purchase the bankrupt crypto firm Voyager Digital.

Science & Technology

US Regulators Say AI-Powered Decisions Must Follow Law

In the United States, four federal agencies in a joint statement, which was published on Tuesday, April 25, confirmed their commitment to the idea that all decisions made for companies by artificial intelligence should not contradict the norms of current legislation to one degree or another.

Science & Technology

Microsoft Points to Generational Shift in Web Search

The impact of generative artificial intelligence has for Microsoft is an effect that meets the definition of deep transformation.

Fintech & Ecommerce

Klarna Uses AI to Personalize Shopping Feed

Klarna revamps its app with Tik-Tok-like AI-driven feed, a free shopping assistant and new solutions for stores and content creators

Fintech & Ecommerce

Super.com Raises $85 Million for Savings-Focused Super App and Card

Super.com announced the attraction of investment funds for $ 85 million following the results of the Series C financing round.

Fintech & Ecommerce

Shopify Adds Melio’s B2B Embedded Finance Offering to Commerce Platform

Shopify has announced the addition of Melio’s built-in financial offer for B2B to its trading platform.

Fintech & Ecommerce

Token Raises $30 Million for Biometric Wearable

The Token company announced that it has managed to attract additional funding for $ 30 million, which will be used to expand the company’s offer for wearable authentication.

Science & Technology

Citi Expects Generative AI to Benefit Search Engine Industry

Generative artificial intelligence can have a positive impact on the development of the search engine industry.

Blockchain & Crypto

French Regulator Offers Crypto Companies Fast Track to MiCA

As European countries are searching for the best ways to transit to a new EU crypto regime called MiCA, French Financial Markets Authority offers a fast-track registration for the incumbents

Blockchain & Crypto

Romania Launches National NFT Marketplace

Romania’s Informatics Institute is to launch an institutional NFT trading platform, which is supposed to link the public and private sectors

Fintech & Ecommerce

Amex Ventures Vets Launch $78 Million Fintech Fund

A group of three former managing directors of Amex Ventures announced that it managed to raise funds for $ 78 million for the debut fund to support startups in the fintech industry.

Finance & Economics

Credit Suisse Reveals Scale of Bank’s Bankruptcy

Credit Suisse has revealed the extent of the bankruptcy of this financial institution.

Fintech & Ecommerce

Bed Bath & Beyond Bankruptcy Blames on Private Label Strategy

Bed Bath & Beyond (BBBY) has announced its bankruptcy.