Citi Chairman Warns Against Plan for New Capital Requirements
Citigroup Chairman John C. Dugan joined American banking executives who negatively assessed the plan of the United States authorities to introduce new capital requirements.
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Bank of America Predicts Significant Economic Impact of AI
Bank of America predicts a significant economic effect as a result of the active use of artificial intelligence in various industries.
Klarna Rolls Out AI Shopping Lens & Shoppable Videos
Klarna has introduced new AI-powered shopping tools that make product search easier. Now Klarna customers can find and buy items they see around them, in an image or a video clip.
HP Predicts Profit
HP forecasts earnings for the fiscal year, which begins in November.
Samsung Reports Slowing Fall in Profits
Samsung Electronics reported on the preliminary results of operations for the third quarter of 2023, which showed a less intense decline in profit compared to the expected figure.
JPMorgan Debuts Blockchain Collateral Settlement
JPMorgan Chase has launched its first collateral settlement for clients using blockchain.
Microsoft Announces New AI Tools
Microsoft Corporation on Tuesday, October 10, announced new products for data processing and artificial intelligence, with the help of which healthcare organizations will be able to access huge amounts of information collected by doctors and hospitals without any difficulties.
Utah Sues TikTok
Utah is another American state to file a lawsuit against the TikTok virtual platform.
Google Responds to Climate Change Challenges With New Sustainability Features
New Google tools will help people, cities and organizations that have sustainability high on their agendas to tackle more transportation and energy issues.
Amazon Launches Fall Sale for Prime Subscribers
Amazon on Tuesday, October 10, launched a fall sale for Prime subscribers.
Fed Bank Watchdog Supports New Capital Requirements
The Deputy chairman of the Federal Reserve for Supervision, Michael Barr, during a speech at the American Bankers Association (ABA) event on Monday, October 9, said that lenders should consider the new capital requirements as a help, not an obstacle.
Kaszek Ventures Prepares for Latin America Tech Rebound
Kaszek Ventures, a venture capital firm based in Latin America, currently has almost $1 billion in funds raised earlier this year and is in a state of expectation that new deals will be concluded and that more mature companies will lose a significant portion of cash and potentially agree to revised estimates.
Huawei Challenges 5G State Aid Rules in Spain
Huawei Technologies has published the rules of the Spanish government, the complexity of compliance with which may become a barrier for this Chinese equipment manufacturer to become a competitive applicant for state aid.
Amazon India Predicts Record Festive Sales
Amazon India expects unprecedented sales during the biggest e-commerce online event, the Great Indian Festival, this year.
Walmart Experiments With AI and AR
Walmart uses new technologies to improve the shopping experience.
China Plans to Grow Its Computing Power
China has announced its intention to increase the country’s computing power.
