News - page 251

OpenAI Executives Say About Potential of AI to Do Any Job
Science & Technology

OpenAI Executives Say About Potential of AI to Do Any Job

The leaders of OpenAI suppose that over the next ten years, artificial intelligence will receive the abilities and capabilities sufficient to perform any work that is in the space of human activity.

Apple CEO Visits China Amid iPhone Sales Drop
Science & Technology

Apple CEO Visits China Amid iPhone Sales Drop

The media reports that Apple CEO Tim Cook visited China, one of the largest markets for the company’s products and an important manufacturing center, as part of an unannounced trip.

Revolut Continues Its Attempts to Obtain British Banking License
Fintech & Ecommerce

Revolut Continues Its Attempts to Obtain British Banking License

Revolut continues its difficult path to obtaining a banking license in the United Kingdom.

Morgan Stanley Characterizes Microsoft and Sony as AI Winners in Games
Science & Technology

Morgan Stanley Characterizes Microsoft and Sony as AI Winners in Games

Morgan Stanley analysts suppose that platforms such as Microsoft Corp.’s Xbox and Sony Group Corp.’s PlayStation will be the most clear-cut beneficiaries of the integration of artificial intelligence into the gaming industry.

Japan’s Antitrust Watchdog Investigates Google
Society & Lifestyle

Japan’s Antitrust Watchdog Investigates Google

The Japanese antitrust watchdog has launched an investigation into Google, during which it will be established whether this Internet giant is involved in the practice of using its position in the market to block competing services.

Samsung Competes With SK Hynix for Leadership in AI Sphere
Science & Technology

Samsung Competes With SK Hynix for Leadership in AI Sphere

The dynamic of changes in the value of shares of Samsung Electronics Co. currently demonstrates a movement in the direction of giving way to similar indicators of a smaller competitor of this company in the sphere of memory chip production SK Hynix, which is currently actively developing against the background of the bet of many […]

Chinese Authorities Investigate Foxconn
Society & Lifestyle

Chinese Authorities Investigate Foxconn

The Chinese authorities are once again taking moves that can be described as measures within the framework of the concept of unfriendly attitude towards business, having launched an investigation into the activities of Taiwan-based Foxconn Technology Group, one of Apple’s main partners and one of the largest employers in this country.

Apple Invests $1B Annually Into AI Integration
Science & Technology

Apple Invests $1B Annually Into AI Integration

Reportedly, the tech giant Apple aims to integrate generative artificial intelligence (AI) across its whole product line, spending about $1 billion per year on the technology upgrade.

Paytm Reports 32% Revenue Growth
Fintech & Ecommerce

Paytm Reports 32% Revenue Growth

Paytm Q2FY24 quarter earnings showed robust revenue growth led by higher subscription revenue and an uptick in the loan distribution business.

Citi Rolls Out New Travel and Expense Management System
Fintech & Ecommerce

Citi Rolls Out New Travel and Expense Management System

Citi announces the launch of a new travel and expense management system for its corporate clients who reside in the United States.

Binance Stikes New Fiat Partnership to Restore Euro Support
Blockchain & Crypto

Binance Stikes New Fiat Partnership to Restore Euro Support

The crypto exchange signed agreements with a number of new regulated and authorized fiat partners after losing its previous partner PaySafe in September.

IMF Forecasts Increase in India’s Contribution to Global Economic Growth
Finance & Economics

IMF Forecasts Increase in India’s Contribution to Global Economic Growth

The International Monetary Fund predicts that India’s contribution to global economic growth will increase over the next five years.

Global Exodus From Chinese National Equities Shows Growth
Finance & Economics

Global Exodus From Chinese National Equities Shows Growth

Foreign financial managers are leaving posts in some of their largest companies in China’s technology sector.

China Plans to Restrict Exports of Graphite
Finance & Economics

China Plans to Restrict Exports of Graphite

China plans to impose restrictions on the export of graphite, a mineral from the class of native elements, the importance of which in the sphere of production of batteries for electric vehicles is critical.

Metropolitan Commercial Bank to Pay Penalty of $15 Million
Finance & Economics

Metropolitan Commercial Bank to Pay Penalty of $15 Million

Metropolitan Commercial Bank (MCB) announced its agreement to pay a fine of $15 million after the completion of an investigation conducted by the New York State Department of Financial Services (DFS).

WhatsApp to Allow Users to Have Multiple Accounts
Science & Technology

WhatsApp to Allow Users to Have Multiple Accounts

WhatsApp has announced the launch of a new feature that will give users of this app the ability to log in to multiple accounts at the same time.