News - page 253

SBF’s Crypto Market Manipulations
Blockchain & Crypto

SBF’s Crypto Market Manipulations

The trial of Sam Bankman-Fried (SBF), once a cryptocurrency billionaire now accused of orchestrating multibillion-dollar fraud, is under way in Manhattan’s federal court. Customers of FTX, Bankman-Fried’s collapsed crypto exchange, lost billions in dollars when the firm declared bankruptcy after an $8 billion liquidity shortfall was exposed. The court will decide whether this deficiency is […]

PayPal Launches Package Tracking Feature
Fintech & Ecommerce

PayPal Launches Package Tracking Feature

PayPal has announced the launch of a parcel tracking feature in its app.

China’s Economy Shows Growth
Finance & Economics

China’s Economy Shows Growth

By the end of September, China’s economy showed a dynamic of recovery.

Mistral AI Partners With Google Cloud to Enhance Vertex AI Offering
Science & Technology

Mistral AI Partners With Google Cloud to Enhance Vertex AI Offering

Mistral AI’s AI model will be integrated within Google Cloud’s Vertex AI enterprise-ready machine learning (ML) platform to accelerate AI adoption and make it easy for businesses of all sizes to launch AI products or services.

X Tests ‘Not A Bot’ Subscription System
Society & Lifestyle

X Tests ‘Not A Bot’ Subscription System

In a new experiment with subscription, X, formerly Twitter, requires unverified accounts to pay $1 annually to be able to post & interact with other posts.

Aani Instant Payments Platform Launches in UAE
Fintech & Ecommerce

Aani Instant Payments Platform Launches in UAE

Aani, an instant payments platform, aims to transform the landscape of digital payments in the UAE, ushering in a new era of seamless, secure, and instant digital payments.

Amazon to Open Retail Business in South Africa
Fintech & Ecommerce

Amazon to Open Retail Business in South Africa

Amazon plans to launch its online retail business in South Africa next year.

Alibaba and Tencent Invest in AI Startup
Science & Technology

Alibaba and Tencent Invest in AI Startup

Alibaba Group Holding and Tencent Holdings have joined to $300 million financing for Baichuan, a Chinese startup operating in the sphere of artificial intelligence and seeking, like many other local firms, to benefit from the rapid growth of interest in developing AI-based services like ChatGPT.

Research Finds Flaws in GPT-4
Science & Technology

Research Finds Flaws in GPT-4

A scientific article related to Microsoft and published on GitHub contains information about the shortcomings of GPT-4 from OpenAI.

Reality Defender Raises $15 Million to Detect  Deepfakes
Science & Technology

Reality Defender Raises $15 Million to Detect Deepfakes

Reality Defender, a startup developing tools for detecting deepfakes and other content created by artificial intelligence, announced that it managed to raise investments for $15 million.

US Mortgage Originations to Reach $1.95 trillion in 2024
Finance & Economics

US Mortgage Originations to Reach $1.95 trillion in 2024

The US Mortgage Bankers Association (MBA) expects that total mortgage origination volume will increase to $1.95 trillion in 2024, up from the $1.64 trillion forecast in 2023.

iPhone Sales Decline in China
Science & Technology

iPhone Sales Decline in China

The level of demand for Apple’s new iPhone 15 smartphone line in the Chinese market is lower than the sales volumes of last year’s mobile phone model of the American technology giant.

Baidu Launches Ernie 4.0
Science & Technology

Baidu Launches Ernie 4.0

The founder of Baidu, Robin Li, said that the artificial intelligence model developed by his company, in terms of the quality of work and the level of efficiency, equaled the characteristics and capabilities of GPT-4 from OpenAI.

US Online Holiday Sales to Hit $222B, Driven by Mobile Shopping
Fintech & Ecommerce

US Online Holiday Sales to Hit $222B, Driven by Mobile Shopping

According to Adobe Analytics, online holiday sales in the USA are expected to hit $221.8 billion this holiday shopping season (Nov. 1 to Dec. 31), representing 4.8% growth year-over-year (YoY).

NYC Releases Plan to Regulate AI
Science & Technology

NYC Releases Plan to Regulate AI

New York Mayor Eric Adams on Monday, October 16, presented a plan for the introduction and regulation of artificial intelligence.

OpenAI Reportedly Readies Share Sale Valuing Company at $90 Billion
Science & Technology

OpenAI Reportedly Readies Share Sale Valuing Company at $90 Billion

The media reports that OpenAI is currently preparing to sell shares with an estimated value of the company at $90 billion.