Affirm Says About Impact of High-Interest Rates on Demand for BNPL
Buy Now, Pay Later (BNPL) company Affirm expects that if the high level of interest rates persists for a long period, consumer demand for its short-term loans will increase.
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Mastercard Launches Partnership With NEC in Biometric Payments
Mastercard announced the start of NEC’s partnership to introduce biometric control in the Asia-Pacific region.
Xiaomi and Huawei Lead China Phone Market
Huawei Technologies Co. and Xiaomi Corp. have activated the Chinese mobile phone market, which showed double-digit growth in October.
Klarna Expands Ad and Marketing Tools for Creators and Retailers
The Klarna payment network has decided to expand its advertising and marketing tools for creators and retailers.
Snapchat to Test Family Plans
As part of efforts to expand its subscription program, the Snapchat virtual platform plans to test the Friends & Family Plan shortly.
JPMorgan Doubts Justification of Crypto Market Enthusiasm
JPMorgan, through the prism of skepticism, perceives the enthusiasm that is observed in the cryptocurrency market.
Alphabet Sells Off All of Its Shares in Trading App Robinhood
Google’s parent company Alphabet has decided to sell all its shares in the trading app Robinhood.
OpenAI Needs More Funding for Artificial General Intelligence
OpenAI hopes to receive additional funding, which is necessary to implement the plans of this company to create artificial general intelligence (AGI).
Google Sues Scammers
Google is suing five scammers, about whom there is no information, but their illegal acts are known.
Joe Biden Erases $127 Billion in Student Debt
The United States government has erased student loans worth more than $127 billion since 2021.
Google Reportedly Assesses Further Investment in Character.AI
The media reports that Google is currently exploring the potential to continue investing in a technology startup Character.AI.
Federal Reserve Bank of New York Recognizes Vulnerability of American Lenders
The report of the Federal Reserve Bank of New York contains a statement that at present financial institutions that are part of the structure of the banking sector of the United States are in a more stable position compared to their condition during the crisis of 2008, but this does not mean that creditors are […]
Ex-NatWest Boss Loses Out on £7.6 Million
Ex-NatWest boss Dame Alison Rose will lose 7.6 million pounds ($9.2 million) after admitting that she discussed the closure of Nigel Farage’s bank account.
Microsoft Reportedly Temporary Blocks Employee Access to ChatGPT
The media reported that Microsoft temporarily blocked its employees’ access to ChatGPT, the world’s most popular artificial intelligence-based chatbot developed by OpenAI.
Meta Plans to Bring Its Mixed Reality Headset to China
Meta Platforms Inc. has approached the conclusion of a deal that will provide this technology giant with the opportunity to supply a mixed-reality headset to the Chinese market.
China’s Largest Chipmaker SMIC Reports Drop in Profit
The largest Chinese manufacturer of chips SMIC last Thursday, November 9, reported that at the end of the third quarter of this year, its profit indicator showed a significant drop.
