News - page 251

Jack Dorsey Backs Decentralized Bitcoin Mining Project In $6.2M Seed Round
Blockchain & Crypto

Jack Dorsey Backs Decentralized Bitcoin Mining Project In $6.2M Seed Round

Former Twitter (now X) chief, current Block CEO and avid Bitcoin supporter Jack Dorsey became one of the main investors in a $6.2M seed funding round for OCEAN, a decentralized crypto mining pool startup.

ResponsAbility Launches Climate Investment Strategy for Asia
Finance & Economics

ResponsAbility Launches Climate Investment Strategy for Asia

Swiss firm responsAbility partnered with Germany’s development bank KfW and the Dutch development bank FMO to make an active contribution to carbon dioxide reduction in Asia through targeted climate investments.

Eurozone Inflation Shows Decline
Finance & Economics

Eurozone Inflation Shows Decline

In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.

EU Lawmakers Call For Metaverse Strategy
Blockchain & Crypto

EU Lawmakers Call For Metaverse Strategy

The European Parliament Committee wants the EU to lead metaverse development and reduce the bloc’s technological dependency.

Nvidia CEO Says About Prospects of AI Competitiveness
Science & Technology

Nvidia CEO Says About Prospects of AI Competitiveness

Nvidia CEO Jensen Huang last Wednesday, November 29, during a speech at the annual DealBook summit in New York, said that artificial intelligence is gaining on humans.

Amazon Presents AI-Powered Image Generator
Science & Technology

Amazon Presents AI-Powered Image Generator

Amazon Web Services (AWS) has presented its new development based on artificial intelligence, which is capable of generating images.

China’s Manufacturing Activity Shrinks
Finance & Economics

China’s Manufacturing Activity Shrinks

In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.

JPMorgan Chase CEO Warns of Recession Risk
Finance & Economics

JPMorgan Chase CEO Warns of Recession Risk

JPMorgan Chase CEO Jamie Dimon last Wednesday, November 29, during a speech at the New York Times DealBook 2023 summit in New York, said that the likelihood of a recession in the United States cannot be ruled out.

Research: Americans Embrace Cryptocurrency While Brits Remain Sceptical
Blockchain & Crypto

Research: Americans Embrace Cryptocurrency While Brits Remain Sceptical

A new report by Mintel reveals that Americans have much more positive attitudes towards cryptocurrency than UK consumers. Meanwhile, Brits are far more cautious about their investments due to the recent cost of living crisis.

UK’s Nottingham Files for Bankruptcy
Finance & Economics

UK’s Nottingham Files for Bankruptcy

Nottingham City Council has become another victim of the financial crisis in the UK in the sphere of local government.

Lloyds Chief Urges UK Policymakers to Refrain From Encroaching on Banks’ Profits
Finance & Economics

Lloyds Chief Urges UK Policymakers to Refrain From Encroaching on Banks’ Profits

The chief executive of Lloyds Banking Group made something like a warning statement to British politicians, describing measures such as a tax on unforeseen expenses of banks as thing that should be excluded amid expectations of a busy election year.

Amazon Announces AI Chatbot for Businesses
Science & Technology

Amazon Announces AI Chatbot for Businesses

Amazon last Tuesday, November 28, announced a new chatbot called Q, which consumers will be able to use at work.

CFPB Fines Bank of America
Society & Lifestyle

CFPB Fines Bank of America

The Consumer Financial Protection Bureau (CFPB) applied to Bank of America a measure of material impact in the form of an obligation to pay $12 million for the involvement of this financial institution in the practice of providing incomplete data related to mortgage lending to the federal government.

Visa Reveals What Extra Benefits Travellers Are Willing to Pay For
Fintech & Ecommerce

Visa Reveals What Extra Benefits Travellers Are Willing to Pay For

Visa Global Travel Intentions Study discovered that there are no signs of travel rebound, despite rising costs. The report also reveals payment trends associated with both domestic and international trips.

PayGround Raises More Than $19 Million
Fintech & Ecommerce

PayGround Raises More Than $19 Million

PayGround managed to raise investment funds for $19.7 million following the results of the Series A financing round.

AWS and Nvidia to Deliver Generative AI Infrastructure
Science & Technology

AWS and Nvidia to Deliver Generative AI Infrastructure

Amazon Web Services (AWS) and Nvidia have announced the expansion of cooperation to provide consumers with advanced infrastructure, software, and services for innovation in the sphere of artificial intelligence.