Chipmaking Gear Companies Record Sales Growth in China
Leading manufacturers of equipment used in making microcircuits have recorded a sharp increase in the share of revenue they receive in the Chinese market.
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Monetary Authority of Singapore Presents Initiatives for Digital Money
The Monetary Authority of Singapore (MAS) has unveiled several initiatives that have been developed to ensure the achievement of such a goal as the safe and responsible use of digital money in this country.
Wells Fargo Reportedly Grapples With Obligations to Enhance Monitoring of Financial Crime
The media reports that Wells Fargo is currently making efforts to improve its system for monitoring crimes committed in the financial environment.
Kazakhstan Welcomes CBDC-Linked Debit Card
The first CBDC debit card transaction in Kazakhstan was performed using the Digital Tenge Card on the 30th anniversary of the Tenge, Kazakhstan’s national currency.
Citi Launches Blockchain Solution for Foreign Exchange Trades
Citi has developed an app in which blockchain is used to make execute foreign exchange (FX) trades.
ChatGPT Plus Pauses Subscriptions
OpenAI temporarily stops the registration of new users in the ChatGPT Plus program.
Microsoft Unveils Custom AI Chip
Microsoft has unveiled its first homegrown artificial intelligence chip and processor for cloud computing.
Meta Calls for Parental Control Laws
Meta calls for the adoption of laws that would introduce an obligation for app stores to receive parental approval when children download digital products to their own devices.
Microsoft Introduces Text-to-Speech Avatar
Microsoft announced the public preview release of Azure AI Speech.
Microsoft Launches AI-Powered Service for Blind Customers
Microsoft plans to launch a new service based on artificial intelligence, designed to serve customers of this technology giant who have eyesight problems.
UK Inflation Demonstrates Decrease
According to the results of October, the annual inflation rate in the UK showed a sharp decline to the level of 4.6%.
Airbnb Acquires AI Startup
Airbnb has concluded its first acquisition deal as a public company.
IMF Says About Potential of CBDC
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Wednesday, November 15, said that central bank digital currency (CBDC) can replace cash, separately noting that it will take time to implement the corresponding scenario.
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.
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.
