News - page 24

Fintech & Ecommerce

FIS and Banked Launch Pay-by-Bank Solutions

The new pay-by-bank solutions will enable FIS and Banked customers to make payments directly between business and consumer bank accounts without needing card details, account numbers or sort codes.

Science & Technology

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.

Blockchain & Crypto

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.

Society & Lifestyle

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.

Science & Technology

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.

Science & Technology

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.

Fintech & Ecommerce

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.

Science & Technology

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.

Science & Technology

OpenAI Reportedly Surpasses $2 Billion in Annualized Revenue

The media reports that OpenAI’s annual revenue exceeded the $2 billion mark in December.

Finance & Economics

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.

Science & Technology

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 […]

Finance & Economics

Chinese Banks Loans Hit All-Time Monthly High

During January, local financial institutions in China issued a record number of loans to citizens.

Science & Technology

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.

Science & Technology

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.

Finance & Economics

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 […]

Finance & Economics

MSA Capital to Raise $1 Billion for Mideast Startups

The Chinese venture capital company MSA Capital, supported by the unit of the Saudi Arabian Public Investment Fund, intends to raise $1 billion in financing to support technology startups in the Middle East.