News - page 266

FTC Reportedly to Sue Amazon
Fintech & Ecommerce

FTC Reportedly to Sue Amazon

The media reported that the US Federal Trade Commission (FTC) is likely to sue Amazon in the near future.

Coinbase Offers Crypto Lending to US Institutional Investors
Blockchain & Crypto

Coinbase Offers Crypto Lending to US Institutional Investors

Coinbase’s institutional-grade crypto lending platform, Coinbase Prime, is now reportedly available to US-based investors

Google Wallet Launches in Colombia
Fintech & Ecommerce

Google Wallet Launches in Colombia

Colombia was added to the list of 70 countries where Google Wallet can be used to make contactless in-store payments

Interac Mobile Payments Surge Over 50% in Canadian Stores
Fintech & Ecommerce

Interac Mobile Payments Surge Over 50% in Canadian Stores

One of Canada’s major payment providers, Interac, has seen a significant surge in transaction volumes for contactless in-store mobile payments

Travelex Launches Multi-Currency Travel Money Card in Japan
Fintech & Ecommerce

Travelex Launches Multi-Currency Travel Money Card in Japan

A foreign exchange company Travelex has introduced its prepaid foreign multi-currency card, accepted in more than 210 counties and regions worldwide, to the Asian market of Japan

Goldman Sachs Says About Strong Fundamentals of Early Winners in AI
Science & Technology

Goldman Sachs Says About Strong Fundamentals of Early Winners in AI

Goldman Sachs Group strategists said that the first winners in the area of artificial intelligence have strong fundamental positions and are characterized by less extreme valuations compared to stocks in previous periods of abundance.

Elon Musk Blames Anti-Defamation League for X’s US Ad Revenue Slump
Society & Lifestyle

Elon Musk Blames Anti-Defamation League for X’s US Ad Revenue Slump

The owner of the social network X, formerly known as Twitter, Elon Musk has announced that he may sue the Anti-Defamation League (ADL) for defamation.

Barclays Reportedly Considers Selling of Stake in Its Merchant-Acquiring Business
Finance & Economics

Barclays Reportedly Considers Selling of Stake in Its Merchant-Acquiring Business

Barclays Plc is currently exploring the prospects of implementing a potentially possible decision to sell a stake in its merchant-acquiring business in the United Kingdom.

Alibaba Cloud Eyes Private Round to Raise Funds from Chinese State-Owned Enterprises
Finance & Economics

Alibaba Cloud Eyes Private Round to Raise Funds from Chinese State-Owned Enterprises

The media, citing knowledgeable persons, reported that the cloud unit of Alibaba Group Holding is currently exploring the possibility of conducting a private round of financing to raise funds from Chinese state-owned enterprises.

Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices
Society & Lifestyle

Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices

Big technology companies are preparing for the largest and most significant tightening clampdown on anti-competitive practices in the history of the European Union.

China Reportedly Seeks Money to Drive Chipmaking
Science & Technology

China Reportedly Seeks Money to Drive Chipmaking

The media, citing persons who provided information on condition of anonymity, reported that China is currently seeking to raise funds in the amount of more than $40 billion to create a kind of investment base for the development of the local industry sector specializing in the production of chips and research in the relevant sphere.

Swyftx Earn and Learn Platform Pays Aussies for Crypto Education
Blockchain & Crypto

Swyftx Earn and Learn Platform Pays Aussies for Crypto Education

Australian crypto exchange Swyftx is going to reward customers learning about crypto scams through a new “Earn and Learn” education platform

South Korean Bank to Launch a Joint Crypto Custody Project With BitGo
Blockchain & Crypto

South Korean Bank to Launch a Joint Crypto Custody Project With BitGo

KEB Hana Bank and BitGo are preparing to offer joint digital asset custody services

NatWest Updates Payment Infrastructure With Low-Code Framework
Fintech & Ecommerce

NatWest Updates Payment Infrastructure With Low-Code Framework

NatWest has partnered with the Icon Payments Framework (IPF) to modernise its payments system in compliance with the new global ISO 20022 payment data message standards.

Kenyan President Showcases Africa as Climate Financing Opportunity
Finance & Economics

Kenyan President Showcases Africa as Climate Financing Opportunity

Kenyan President William Ruto opened the first climate summit in Africa, drawing hundreds of millions of dollars in climate financing pledges

Nigeria Has The Most Crypto-Keen Population Globally
Blockchain & Crypto

Nigeria Has The Most Crypto-Keen Population Globally

The findings from the global Web3 perception survey showed that 99% of Nigerians are more aware of Web3 and crypto concepts than people in major Western economies